We believed that we could have the business running in just six months, but we took nine months to reach that point. It took us 18 months to get to the desired level of operations. At this point we were just 80percent ready.
Our enthusiasm began early. The first venture we launched was a difficult task. We were unaware of how many steps we'd have to follow to establish the venture capital fund. We are now aware of the number of steps needed to establish the venture fund. Although there's a good chance that there are several more steps to include, we think that this is the minimum number.
Do you doubt the accuracy of the list? The list is available to anyone who would like to have it. Even better is that we have combined all our learnings with a bunch of code to create a better approach for making investment vehicles. And this was made possible because of First Degree Global Asset Management (MAS-licensed funds managers).
Using the resources of our combined teams, we've created a system which can cut down the time needed to establish an investment vehicle and set up operational support from days to months or even hours. What is operational support? In simple terms, the term "operational support" is the capability to:
You can build a site.
There are many options available when it comes to the structure of a fund
Include an expert, licensed and experienced external fund manager
You can add a fund administrator to your portfolio, or choose one of the administrators.
Include your preferred auditor firm
Designate advisors and directors
tap into a global deal origination network
Create an automated process for deal analysis
Establish an investment committee
AML as well as KYC check
Interface with users using multiple languages and currencies.
use AI to perform analysis and basic D
Your portfolio must be available to stakeholders
Automate the process of fund accounting, reporting as well as other manual processes
We're aware of. It's incredible to think we can deliver this level of functionality in just a couple of days or hours. But the first step in any automated procedure is to experience the hassle of doing it repeatedly - and record notes.
We've completed the process and these notes have been removed They now comprise documentation entries above our codified methods for enabling the quick easy, automated development of investment vehicles and commercialization of the Hatcher+Venture-As-As-A- ("VAAST") platform an award-winning technology platform and data analytics which allows a year's time to be reduced to a couple of days.Join us for a session.
This platform was created to expand. We will begin the process of adding clients to the pilot partner network the 1st of October 2021. If you're a multi-family office or wealth manager, private bank, or an advisor in the financial industry who wants to set up the creation of a private investment vehicle for your clients using an easy process that's quick efficient, reliable, and comprehensive Let's discuss.