From data
to truth.

Specialist SaaS tools for fund administrators, investment managers and depositaries — built to complement your core systems, filling the gaps they were never designed for. Built on truth, enhanced by AI.

Request a demo → See our products

app.veracisfundattribution.com

Daily attribution across the whole fund range — every basis point explained. Explore →

Production screens — data shown is illustrative.

The challenge

Core systems are built for
what they do. Not everything else.

Fund accounting platforms, transfer agents, custody systems — each excels at its core function. But between them lie gaps that matter: specialist reporting, attribution analysis, regulatory returns, oversight tooling. These gaps are filled with spreadsheets, manual processes, and workarounds.

📊

Attribution built in Excel

Daily NAV attribution across hundreds of funds, maintained manually in spreadsheets. Error-prone, time-consuming, and impossible to audit at scale.

📋

Static data re-keyed everywhere

Every platform keeps its own copy of the same fund facts, each entered by hand from the same documents. Versions drift, launches wait on data, and nobody owns the truth.

🔍

Oversight without tooling

Depositary oversight requires systematic comparison against independent sources. Without dedicated tooling, it relies on experience and manual judgement alone.

Our approach

Specialist tools that sit
alongside what you already have.

Veracis doesn't replace your core systems. It works with them — consuming their data, filling the gaps, returning verified auditable output. No rip-and-replace. No long implementation. Just the missing layer.

Your existing systems

Core Fund Operations

The platforms you already run

Fund accounting platform
Transfer agent system
Custody & settlement
Market data feeds
Index data providers

⟷

Veracis Analytics

The Specialist Layer

Purpose-built for the gaps

Daily NAV attribution
Fund static-data mastering
Depositary oversight
Primary-market ETF dealing
Auditable sign-off workflow

Products

Built by practitioners.
For practitioners.

Each Veracis product addresses a specific gap in the fund administration workflow — developed from decades of first-hand experience with exactly these problems.

Available now

Fund Attribution

Daily NAV attribution for any fund with a benchmark index — active or passive, ETF or mutual fund. Full tracking-difference decomposition across price return, income, dealing, rebalancing, hedging, corporate actions and more — down to the individual security, with automated plain-English review by Vera before every sign-off.

Active & passive fund support — any benchmark index
Security-level price, FX and weight attribution
Income, dealing, rebalancing, hedging & corporate-action analysis
Fourteen interactive drilldowns to SEDOL / ISIN level
Two-level approval workflow with full audit trail
Automated attribution review by Vera on every fund, every day

Learn more →

In preview

Fund Master

One governed source of truth for fund static data — structures, parties, benchmarks, documents and the per-system detail every platform depends on. Every change maker-checker approved, every go-live effective-dated, every launch tracked to readiness.

Full umbrella / fund / share-class master record
Maker-checker approval on every change
Effective-dated changes — approval ≠ go-live
Launch readiness & completeness tracking
Versioned document repository with expiry alerts

Learn more →

In design

Depositary Oversight

Daily UCITS investment-limit monitoring for depositaries and trustees — factual, binary breach detection with a workflow that tracks every finding to resolution and evidences the oversight performed.

UCITS limits as the floor, per-fund thresholds on top
Daily breach report — actual breaches, not forecasts
Breach workflow with communication trail
Early-warning view for IM compliance teams
Runs on already-validated platform data

Learn more →

In design

ETF Transfer Agency

The ETF primary-market dealing lifecycle, straight through — order capture, basket and FX matching, actual-cost pricing against the signed-off NAV, contract notes and settlement.

AP order capture via portal APIs
Expected-basket derivation and trade matching
Actual-cost dealing — slippage, FX, taxes & fees
Costed against Fund Attribution's signed-off NAV
Contract note and settlement instruction generation

Learn more →

Intelligence

Meet Vera.
Built on truth, enhanced by AI.

● LIVE

The calculations that power Veracis are deterministic, fully auditable and traceable to every basis point. Around that precise core sits Vera — our AI — who reviews every day's attribution before sign-off and explains, in plain English, what moved and why. A conversational interface is in development. The numbers are always the numbers. Vera just helps you understand them faster.

🔬

Automated Attribution Review Live

After every calculation, Vera reviews every fund before it reaches your approvers — flagging what deserves attention and naming the securities behind it.

Price & FX exceptions vs the index
Largest contributors, by name
Unattributed return flagged
Likely corporate-action effects called out

📝

Plain-English Commentary Live

Vera's note sits on each fund at sign-off — what moved, why, and whether it needs action — stored on the same audit trail as the approval itself.

A note per fund, per day
Figures in your chosen display — $, % or bp
Clean only when genuinely clean
Reviewable later, exactly as approvers saw it

Ask Vera Anything In development

A conversational interface to your fund range — plain-English questions answered from the same calculated data the dashboard shows. In active development.

Natural-language fund interrogation
Cross-fund comparisons
Historical trend queries
Grounded in calculated results only

Vera — Veracis AI

CONVERSATIONAL INTERFACE — IN DEVELOPMENT · ILLUSTRATIVE PREVIEW

Why did the tracking error on the Global Equity ETF spike yesterday?

The tracking error on Veracis Global Equity ETF increased to +18.4 bp on 19 May, primarily driven by three factors:

1. Weight difference (+8.2 bp) — the fund was underweight NVIDIA following last week's rebalancing trade which settled a day late.

2. FX impact (−4.1 bp) — USD strengthened 0.3% intraday against EUR, widening the base currency gap on European holdings.

3. Cash drag (−3.8 bp) — elevated cash position from Tuesday's €12M subscription not yet deployed. Expected to normalise by Friday.

Which other funds are at risk of breaching tolerance this week?

Based on current positions and market conditions, 2 funds show elevated risk this week:

Euro Corp Bond ETF — currently at 7.8 bp against a 10 bp tolerance. The upcoming ECB announcement Thursday could widen the FX component further.

EM Equity ETF — dividend season risk. 14 index constituents go ex-dividend this week; any timing differences vs the fund could add 3–5 bp.

Ask anything about your funds...

Illustrative example — feature in development; figures shown are for demonstration only.

More about Vera →

Who it's for

Built for every part of
the fund ecosystem.

🏦

Fund Administrators

Replace manual spreadsheet processes with automated, auditable workflows. Handle more funds with the same team — without the risk.

Daily attribution at scale
Streamlined two-level sign-off workflow
Plain-English commentary on the record
Full audit trail for every figure

📈

Investment Managers

Independent visibility across all your funds, regardless of which administrator services them. One consistent view of the truth.

Cross-administrator monitoring
Independent attribution verification
Approval workflow for releases
Day-by-day attribution history

🔐

Depositaries

Systematic, evidence-based oversight with a full audit trail — daily investment-limit monitoring in design now, shaped with depositary teams.

Daily investment-limit breach detection
Per-fund thresholds from fund documents
Breach workflow tracked to resolution
Evidence of oversight, on demand

About Veracis

Founded by someone who spent 30 years solving these problems.

Veracis Analytics was founded by a practitioner with nearly three decades in ETF product management and fund administration at some of the world's largest financial institutions.

The products we build come directly from that experience — from the spreadsheets we maintained, the manual processes we inherited, and the gaps we filled ourselves every single day. We know what you need because we've been there.

Veracis is also at the forefront of AI application in fund technology — not as a buzzword, but as a practical layer that surrounds our precision calculation engines, making the output faster to understand, easier to act on and more intelligent over time.

More about Veracis →

30+

Years of industry experience behind every product decision

Specialist products targeting real operational gaps

Disruption to the core systems you already rely on

Goal — accurate, auditable output every time

We didn't build Veracis because we saw a market opportunity. We built it because we spent decades doing these calculations in spreadsheets and knew there had to be a better way.

Robert Rushe

Founder, Veracis Analytics · Nearly 30 years in ETF product management and fund administration

Get started