Definition: The independent validation process that asset managers and fund boards use to ensure the NAV produced by a fund administrator is accurate, timely, and compliant.
Example: NAV oversight involves reviewing, challenging, and verifying calculations, fees, and valuation inputs.
Explore the IVP NAV Solution
The IVP NAV Solution can dramatically simplify NAV oversight. It enables real-time NAV finalization for multiple funds with complete traceability for specific NAV components. It centralizes NAV oversight in one intuitive experience with automated exception identification and trend analysis, so asset managers can quickly and easily remediate NAV anomalies at the key component, share class, and security level.
