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Fund administration, automated end to end
Puritas develops fund administration and transfer agency software for fund administrators, corporate service providers, and regulated financial services firms. Its fund administration & transfer agency platform, PureFunds, connects to Calastone, CBL, EMX, FundSettle, NSCC, Swift and Vestima to automate dealing, settlement, and payments across UK retail, offshore, and international fund structures. Subscriptions, redemptions, distributions, switches, and transfers are processed without manual keying, and the share register updates as part of the same workflow. Contract notes, valuation and transaction statements, and distribution advices are generated, emailed, and filed by the system.
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THE PROBLEM
The cost of manual fund administration
If your team is still processing subscriptions, redemptions, transfers and distributions by hand, or relying on multiple systems and ad hoc workarounds to maintain the share register, you already know where the cost shows up. Errors that have a knock-on effect with investors.
Rework that stacks up. Contract notes and statements that go out later than anyone would like, and the quiet impact all of that has on SLA performance and client confidence.
There is a structural problem underneath the daily one. Manual processes scale linearly with volume: as assets and dealing volumes grow, headcount has to grow with them, which constrains margin at exactly the moment the business is succeeding.
Capacity that should be spent on exception handling, client oversight and service is spent on keying trades. And when the detail of how it all works lives with one or two experienced people, every holiday and every resignation becomes an operational risk.
As fee pressure increases, operational efficiency becomes a competitive advantage. The firms that absorb growth without proportional cost are the ones that have taken the manual work out of the middle of the process.
THE APPROACH
How we automate it
Our fund administration and transfer agency platform, PureFunds, automates the dealing lifecycle from instruction to settlement. Trades arrive through integrations with leading fund order routing and settlement infrastructures, including Calastone, CBL, EMX, FundSettle, NSCC, Swift and Vestima, rather than being keyed by hand. The share register updates automatically.
Contract notes, valuation and transaction statements, and distribution advices are produced, emailed, and filed by the system. Fund, investor, and distribution payments run through automated workflows, while NAV imports happen without anyone rekeying figures.
Your team’s role changes shape. Instead of processing every trade, they focus on the exceptions the system surfaces. Complete audit and activity logs provide leadership with real-time visibility of registers, operational activity, and exception reporting across the business.
The platform supports fund structures across the UK, Ireland, and key international and offshore jurisdictions including Luxembourg, South Africa, Jersey, Guernsey, Bermuda, and the Cayman Islands, and is updated continually as reporting and operational standards evolve.
What gets automated
Dealing without manual keying
Subscriptions, redemptions, distributions, switches, and transfers processed automatically, updating the share register as part of the same workflow.
Higher straight-through processing
Integrations with Calastone, CBL, EMX, FundSettle, NSCC, Swift and Vestima take instructions straight into the platform, raising STP rates and removing rekeying risk.
Investor communications on time
Contract notes, valuation and transaction statements, and distribution advices generated, emailed, and filed automatically, so investors hear from you on time, every time.
Automated payments
Fund, investor, and distribution payments handled through automated workflows, reducing manual processing and operational risk.
NAV import without rekeying
Net Asset Values (NAV) imported automatically, removing a routine task and a routine source of error.
Audit trail & exception visibility
Complete audit and activity logs, real-time register visibility, and exception reporting across the operation, so control is something you can see, not something you assume.
Accreditations
Members of
Frequently asked questions
PureFunds supports UK retail, offshore, and international fund structures. It is used by fund administrators across the UK, Ireland, and key international and offshore jurisdictions, including Luxembourg, South Africa, Jersey, Guernsey, Bermuda, and the Cayman Islands. The platform’s configurable data model adapts as regulatory and reporting requirements evolve.
PureFunds integrates with Calastone, CBL, EMX, FundSettle, NSCC, Swift and Vestima. Instructions received through these networks flow straight into the dealing workflow without manual keying, which is what drives straight-through processing rates up.
Yes. Because dealing, correspondence, payments, and register updates are automated, additional volume is absorbed by the system rather than by people. Your team’s capacity goes into exceptions and client work instead of processing.
Automation removes the manual keying where most errors start and replaces off-system spreadsheets with one platform and one audit trail. Every action is logged, exceptions are surfaced for review, and leadership can see register status in real time rather than asking for it.
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Move from fragmented legacy systems to a connected platform, with expert-led migration reducing risk, disruption, and demands on your team.
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Onboard investors faster
Move new investors through due diligence quickly and consistently, so compliance stops being the step that holds a fund launch up.
Insights
Practical thinking on fund administration, compliance, and the technology that supports both, from the team that builds it.
See the dealing lifecycle run itself
Bring us a week of your dealing volume and we will show you, step by step, what the system would have handled and what would have reached your team. A demo takes an hour and is built around your funds, not a generic script.