TNR Solution™ Family Office Software
Family Offices are finding it increasingly difficult to manage their operations as internal structures become more intricate and investments grow in size and complexity. Relying on spreadsheets and a patchwork of IT systems is both inefficient and unreliable, and makes simple reporting tedious and time consuming.
TNR Solution provides single and multi Family Offices a comprehensive, flexible and completely integrated tool to streamline daily operations and reporting.
TNR seamlessly records all activity between the Family Office and all underlying fund and portfolio company investments. This can be accomplished across funds and down to the level of underlying portfolio companies, providing key insight and visibility into the overall performance.
Fund Accounting"Track all activity between the Family Office and investment managers" TNR Solution™ allows users to track all activity between the Family Office and investment managers, including Private Equity Funds, Real Estate Trusts, Hedge Funds, and Fund of Funds.
Investments in partnerships can be made by any trust, legal entity or family member. Allocation of ownership can be set using default methods, or customized to meet unique requirements.
- Tracks family members, commitments and multiple closings.
- Supports multi-currency investors and underlying funds.
- Ability to produce Financial Statements at every level of family office hierarchy.
- Supports master-feeder, AIVs, asset subclasses, holding companies and multi-level structures.
- Automates Transfer of Interest and other complex transactions.
- Check writing capabilities.
- Audit functionality and transaction approval hierarchy.
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Investment Management"Consolidated holding summaries for each trust, internal partnership and family member" A typical Family Office has a diverse portfolio of investments ranging from stocks and bonds to family businesses to art work.
TNR tracks all types of holdings, and allows for the investments to be made at any level of the structure, down to the individual family member. Flow through transaction processing allows for consolidated holding summaries for each trust, internal partnership and family member.
- Tracks background and investment information for Marketable Securities, Real Estate, Hedge Funds, Fund of Funds, Private Equity and Venture Funds and cash.
- Supports holding company structures and coinvestments.
- Records all exits, valuations, distributions and other transactions.
- Monitors information across multiple funds for individual companies.
- Flow-through processing allocates through entire fund structure.
- Support for conversions, mergers and splits.
- Automates complex transactions such as unrealized reversals.
Integrated General Ledger"All debits and credits are tracked for each investing entity" TNR's Internal General Ledger integrates with the Partnership and Investment Accounting modules for single data entry processing. All debits and credits are tracked for each investing entity allowing for full financial reporting across the entire family structure.
- Tracks chart of accounts and general ledger for every level of family member hierarchy.
- Generates all GL reports and financial statements.
- Fully customizable chart of accounts and transaction definitions.
- Ability to print checks from within the software.
- Bank reconciliation module included with GL.
- Post across flow-through funds with one click.
- Book multiple transactions at once.
- Close fiscal year.
Family Member Communication"Creates a secure Internet location for your family members" TNR's Web Reporting tool creates a secure Internet location for your family members to view confidential information.
The Portal allows users to view static documents, such as PDF's, Word and Excel files, and can also act as completely interactive tool that enables family members to view real-time information with online query functionality.
- Tracks all family member contact and profile information.
- Task management simplifies all follow-up activities.
- Drag and drop document management and storage for all file types.
- Integrates with MS Word® for mail-merge functionality.
- Organizes calls, notes, emails and other interactions.
- Seamless integration with MS Outlook®.
Reporting"Reports can be run for any investment vehicle, trust or family member" TNR provides Family Offices with a library of reports that compile and consolidate all investment and accounting activity. Reports can be run for any investment vehicle, trust or family member, and provide dynamic filters to produce user defined results. TNR also has a Report Builder tool allowing users to create custom reports.
- Provides dashboard-based, real-time analysis and consolidation reporting.
- Report across several family members, funds and companies.
- Several reporting tools, including onscreen drag and drop reporting.
- Seamless integration with MS Word, Excel, Crystal Reports® and PDF®.
- Sample reports include: Fund and Family Member Profiles, Deal Fund Pipeline and Fund Raising Pipeline, Interactions, Roles and Correspondence Summaries, Schedule of Investments, Underlying Fund Investment, Portfolio Activity and Comparative Analysis, and many more.
- Leverage TNR Solution's Family Member Web Portal to create and manage a secure section of your web site for Family Members and Limited Partners to download confidential information and reports.
CRM/Document Management"Capture and categorize all business correspondence" Active Family Offices find it challenging to keep track of all their front office activity, and struggle to centralize information to provide the accessibility and transparency they require.
TNR aids Family Offices in this pursuit by capturing and categorizing all business correspondence, storing important company and contact information, and also supplies a well designed document warehousing tool. With the end user in mind, TNR was designed to be powerful, yet practical, providing added utility with minimal effort required.
- Tracks relationships between contacts and firms.
- Records multiple address, phone, fax and email information.
- Provides comprehensive search screens.
- Document version control with check-in/check-out functionality.
- Email documents from within the system by simply right-clicking.
Direct & Fund Manager Due Diligence"Increase efficiency to allow for more informed investment decisions" The TNR Solution™ Deal Management utility has been designed for ease of use and configuration, which give users better visibility into the entire investment pipeline. TNR provides investment professionals tools that not only increase efficiency, but allow for more informed investment decisions.
- Configurable dashboard views and enduser reporting tools.
- Tracks all due diligence information on each investment and fund manager.
- Categorize deals by location, type, industry, source, focus, partner, etc.
- Comprehensive reporting allows visibility into entire deal fund pipeline.
- Assign team members within a deal fund and track individual roles and performance.
- Track goals by stage, commitment, investor, etc.
Technology""
- Built entirely on the Micrsoft.NET® platform.
- Leverages ADO.NET, the latest in data access technologies.
- Uses Crystal Reports® for .NET for quick development, easy customization, and deployment of TNR reports.
- Works with all ODBC compliant third-party reporting tools.
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