AI for investment operations
Point it at the custodian statements, position exports and NAV packs in the folder. It ties positions and cash to your book and works out what likely caused each break, with the source file behind every figure.
Breaks-2026-06-15.xlsxExampleOpen breaks vs Coral Ridge Prime, Jun 15
- BRK-0605-11Cash, USD$18,240.00Escalated
The prime charged borrow fees we never accrued, and at six business days old this goes to the fee desk.
- BRK-0612-04Position, Quintel Systems−2,500 shOpen
The Jun 10 sale did not settle on Jun 11, so ask the executing broker for the fail status.
- BRK-0615-01Position, Marrow Bay Pharma+412 shReady
The 3% stock dividend paid Jun 12 is on the prime but not in our book, so book the corporate action.
- BRK-0615-02Cash, EUR€3,906.00Ready
The custodian withheld 25% on the Halvard Shipping dividend, not the 15% treaty rate, so file a reclaim.
How it works
- 1
Export the source files
Drop in the custodian and prime broker statements, the trial balance and position exports, the price file, corporate action notices, advisory agreements, plus last month’s break log and the administrator’s NAV pack.
- 2
Ask for the piece of work
The rec comes back in Excel with live formulas and a suggested cause for each break. It recomputes the returns and fee accruals from the source files and flags what it could not find instead of guessing.
- 3
Re-perform the checks and decide
Every figure cites the file it came from, so you can re-perform the checks before you clear or escalate each break. You strike the NAV, bill the client and file the forms yourself.
Inside the Investment Operations & Performance mode
Position reconciliation and corporate actions
Ties cash and positions to every custodian and prime broker statement and ages the breaks, then captures elections and checks entitlements per corporate action.
Performance attribution and GIPS
Calculates monthly portfolio returns and asset-weights the composite. The Brinson attribution splits active return into allocation, selection and interaction.
Investment regulatory filings
Pulls the holdings data for Form 13F, Form PF, Form N-PORT and Form ADV together, then points out the gaps before each filing deadline.
Fund NAV and financial statements
Builds the NAV package from the trial balance and price file and drafts the schedule of investments, recomputing the fee accruals against the fund docs.
Advisory fee billing
It recalculates quarterly AUM billing with the fee tiers, householding and excluded assets applied. Every difference it finds traces to the advisory agreement.
- Office skills
- Excel, Word, PowerPoint, PDF
- Tools
- Read, edit and write files, Search files, Run code, Search and read the web, View images
- Connectors
- SharePoint, Google Drive, Gmail, and additional custom connectors
- House style
- Your fonts, layouts and rules, on every file
Ask it for
“Match Coral Ridge Prime’s June 15 position and cash files to our accounting book and show every open break with its age and likely cause.”
Breaks-2026-06-15.xlsx“Build the election tracker for Ashwick Industrial’s rights issue, with positions, entitlements at 1-for-4 and elections to take up, sell or lapse by November 3.”
CA-tracker-2026-015.xlsx“Calculate June returns for the Global Equity composite, applying our large external cash flow policy, and run the Brinson attribution against the benchmark.”
June-performance-pack.pptx“Take the September 30 position files and build the Q3 information table. Match holdings to the official list by CUSIP and flag anything that is not reportable.”
13F-IT-2026Q3.xlsx“Against our trial balance, mark up the administrator’s draft schedule of investments and financial highlights wherever a figure does not agree.”
SOI-markup.pdf“Recalculate the Q3 billing for households on the tiered schedule with Treasury notes excluded, and list every account where the debited fee differs.”
Q3-billing-audit.xlsx
Who it’s for
Middle and back office teams at asset managers, RIAs, funds, custodians and administrators.
Questions
Will it invent a number when a file is missing?
No, because its instructions require it to flag anything it cannot find or reconcile, and every figure carries its source file. You still review every file it touched, since a figure that is wrong in the source comes out wrong here too.
What happens to client holdings and account data in Ultramarine Work?
Ultramarine Work changes files only in the project’s folder. When a request needs it, it can read files elsewhere on your computer, never passwords, keys or app data, and you can turn that off in settings. The model runs on Paper Instruments’ servers, so the content it works on is sent there to be processed. Paper Instruments is SOC 2 Type II, and our security and compliance details are on our compliance page.
Can we use AI on GIPS data and still claim compliance?
We cannot answer that for you, because the compliance decision belongs to your verifier, your compliance function and your counsel, not to us. The tool can prepare the return calculations and composite reports. Have a person review each file it touched and document what it did, so the numbers stay reproducible when the verifier samples a composite.
Who is accountable if it misses a break?
You are, the same way you are accountable for breaks an analyst or a reconciliation service missed. Ultramarine Work does the matching, takes a first pass at root causes and records what it could not explain. The reviewer clears, escalates or reworks the result before any break is closed or any NAV is struck.