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Quintillion completes integration of Advent Geneva and HWM Mantra

Release Date: 20 August 2010

Dublin, 20 August 2010 - Quintillion Limited, an independent hedge fund administration firm, is pleased to announce the integration between HWM Mantra, our investor registration and incentive fee calculation system, and our accounting platform, Advent Geneva. This new integration allows for the automatic transfer of Profit & Loss allocations from Geneva directly into Mantra.

HWM Mantra has been designed to meet the business and technological challenges that have been driven by the rise of increasingly complex and sophisticated alternative fund markets. HWM ManTra delivers the transparency, flexibility and straight through processing demanded by administrators, managers and investors.

Advent Geneva is the leading hedge fund accounting system with unparalleled instrument coverage, capacity for complex fund structure accounting, ability to handle high trade volumes & integrated general ledger capabilities.
The integration enables Geneva to feed all of the fund’s portfolio general ledger balances directly into Mantra, mapping each line item across the fund’s individual classes or series. This enables Mantra to automatically create all the individual Net Asset Values using its Profit Loss Allocation functionality. This automated process removes any risk of errors associated with manually inputting multiple NAVs into the share registration system.

The integration also provides for increased investor level reporting where investors can receive their individual gains / losses broken down by up to 30 general ledger report categories such as Tax Exempt Income and Interest Income, helping to facilitate more in-depth investor level reporting such as K-1 reporting.

Will Callaghan, Investor Services Manager at Quintillion, said:
"We are delighted to have been able to further automate and improve our established levels of technology integration to add to our transparent investor reporting suite. Removing this manual step with the inherent risks associated with manually entering NAVs incorrectly for reporting to investors has helped us achieve our commitment of utilising our technologies to automate all aspects of the investor services function".

About Quintillion
Quintillion is an independent fund administration service provider established in 2006. The majority ownership of the company is shared by the management and staff, with a 25% minority share owned by a US seed investor. Quintillion provides a complete suite of fund administration and back office support along with shareholder services to a wide variety of clients. Experienced accounting and investor services professionals, coupled with leading technologies which are deployed in an innovative manner, are at the core of its ability to deliver superior fund administration solutions to hedge funds and asset management firms. Our client base of hedge fund managers, institutions and corporations run a broad selection of investment strategies and fund structures that are serviced by client focused teams.

Joan Kehoe
Chief Executive Officer - Quintillion Limited
Phone: +353-1-5238001 / Mobile: +353-87-2390665
Email: joan.kehoe@quintillion.ie
Ken Somerville
Head of Business Development - Quintillion Limited
Phone: +353-1-5238003 / Mobile +353-87-131-9552
Email: ken.somerville@quintillion.ie