ALTERNATIVE INVESTMENTSThe reporting authorization letter, explained.
Authorizes a fund or its administrator to send an investor’s statements, notices and tax documents to a named third party, such as their advisor, family office or a data aggregator.
What Intelligent Document Processing extracts
How FutureVault handles the reporting authorization letter.
Reporting authorization letter questions, answered.
When is the reporting authorization letter due?
When an investor wants statements and notices shared with an advisor, family office or reporting platform.
Can FutureVault extract data from the reporting authorization letter?
Yes. Intelligent Document Processing reads the reporting authorization letter and captures fields such as investor and accounts, funds covered, authorized recipient, with a confidence score on every field and human review for anything uncertain.
How does FutureVault handle the reporting authorization letter?
Deliver each Reporting authorization letter to the right investor, entity and advisor vault, tagged by fund and investor. Intelligent Document Processing captures fund, investor, amounts and dates, ready for reporting and reconciliation.