The AMC signs off NAV every night on the fund accountant's number. FinIFRS re-computes it independently — holdings × price × FX × multiplier, plus cash, receivables and accrued income, less accrued expenses and liabilities — reconciles the two, routes exceptions, and carries the approved NAV through to disclosure at plan and option level, with the correction liability and the audit trail attached.
Proving the NAV is right is half the job. Disclosure carries the deadline, the file formats, the channels and the correction liability.
The fund accountant's NAV is signed without an independent check.
A restated NAV has no trail from error to disclosure.
Disclosure needs plan / option granularity that validation tools skip.
Independence is the point — a second computation, not a second copy.
Every asset class priced and valued independently.
Disclosure defaults to the book-of-record NAV only once independent validation is approved.
Every correction, who assigned it and what was re-disclosed.
Upload, compute, compare, approve, disclose.
NAV stays computed. AI helps operations.
NAV breaks traced to the price, holding or accrual that caused them, in words.
Across every FinIFRS product the rule is the same: a deterministic, tested engine computes and stores every figure first. AI reads documents, drafts sentences and answers questions over what is already stored — it never computes, posts or approves an amount.
Masters and tolerances are data.
Against relying on the fund accountant's NAV.
| Capability | Fund accountant only | Spreadsheet check | FinIFRS |
|---|---|---|---|
| Independent re-computation | — | Sampled | ✓ Every scheme, daily |
| Disclosure gated on validation | — | — | ✓ Native |
| Corrections with audit | — | ✓ Native |
No — it is the independent check on them, and the disclosure layer after it.
We re-compute a week of your schemes and reconcile to the fund accountant.