Fund Administration Automation

Definition ∞ Fund Administration Automation involves the application of technology, including blockchain and smart contracts, to streamline and automate the operational processes of investment funds. This covers a range of back-office tasks such as record-keeping, investor onboarding, compliance reporting, and net asset value calculations. The objective is to enhance efficiency, reduce manual errors, and decrease operational costs.
Context ∞ This area is attracting significant interest from both traditional finance and digital asset funds seeking efficiency gains and reduced operational costs. Digital asset funds particularly benefit from this automation for its potential to provide greater transparency and speed in reporting. The continued development of these tools is poised to reshape the fund management landscape.