The middle office for independent asset managers.
TAC runs automated processes and reporting including trade monitoring, reconciliation, accounting and compliance for SFC-licensed firms. Qualified people review the exceptions and stand behind the result.
One firm. Eight Core Functions. A few people.
Since April 2017, the SFC has asked every licensed firm to name one person in charge of each of eight Core Functions. That person answers to the board and to the SFC.
A small firm cannot hire eight specialists, or buy the systems a big bank uses. So a few people do every job, with spreadsheets and checks by hand. TAC gives them the tools.
Take one module, or the whole middle office.
Each module is software, a service, or both. Each one costs less than the person it helps. Open a module to see what it checks.
Reconciliation
We match your positions, cash and trades with every bank, every day.
Module 01Accounting
Fees and books kept up to date for every client and every fund.
Module 02Compliance monitoring
Every transaction checked against the rules. Problems go to a named person.
Module 03Retrocession
Fees that banks pay back to you, worked out, tracked and reported to clients.
Module 04Approvals
A second person signs off every key step. We record who signed and when.
Module 05Risk management
Portfolio risk on one page, so senior management can see it.
Module 06Regulatory filings
Returns built from checked data, ready for your principals to sign.
Module 07Audit logs
Every check, change and sign-off saved in a record the SFC can read.
Module 08System Intelligence
Our intelligence framework reads statements, agreements and term sheets, including scanned PDFs and turns them into analytical data.
Pass or fail is decided by written rules, not by a large language model. The same input always gives the same result.
Every read is checked against a second, independent number, such as the total printed on the statement. If the two do not cancel to zero, the file is held.
A qualified person reviews every exception. Your principals keep the final sign-off.
Each firm gets its own server and its own database. We never mix your data with anyone else's.
We do not use your data to train any AI model.
Your data stays in Hong Kong, or in your own cloud account if you prefer.
Every source and data point checked and verified
An External Asset Manager never holds client money. The data sits with the banks, the product issuers and in client emails. TAC pulls it all into one place and checks it before anyone uses it.
Banks, product issuers and client emails.
Everything sorted into one place.
Our rules and engines, built over ten years of running asset managers' operations.
Every transaction is checked. Anything odd goes to a person.
Management reports, regulatory filings and audit logs.
Our people review the results. Your principals sign off.
Every account, every limit and one AUM number, on one page.
Bank statement lines next to your books, with every difference named.
Tried and Tested Against Real Statements.
We read PDF, CSV and XML statements from these banks and brokers. A new bank needs one new reader, tested the same way as the rest.
- ACP Securities
- Bank of East Asia
- Bank of Singapore
- BNP Paribas
- CA Indosuez
- CITIC Securities (CSIWM)
- Citco
- DBS Private Bank
- Deutsche Bank
- EFG
- Endowus
- Guotai Junan (GTJAS)
- HSBC
- JPMorgan
- Julius Baer
- KGI
- Leonteq
- LGT
- Standard Chartered
- UBS
- Union Bancaire Privée
- UOB Kay Hian
- Vontobel
List to confirm before publishing. KGI reads for one tenant only today.
Built for the licence you hold.
Each licence has different rules. So each one needs a different set of modules.
SFC Type 9 · Asset managers
External asset managers and discretionary managers.
See the page →SFC Type 4 · Advisers
Firms that give investment advice and must show it suits the client.
See the page →SFC Type 1 · Brokers and dealers
Firms that buy and sell securities for clients and keep a trade record.
See the page →Family offices
Families with money at several banks.
See the page →We sell assurance, not software.
Software checks every transaction the same way, every time. Experienced people bring judgment. Together, your firm is ready for an audit on any day.
We check every trade, not a sample. Nothing gets through unchecked.
Compliance and operations people who have done this job inside licensed firms.
Every check links to the SFC's Internal Control Guidelines, so the regulator can trust the result.
We do the work and stand behind it. Your principals still give the final sign-off.
Save Costs
Our modules are priced to help save costs.
Reconciliation
vs operations clerkAccounting
vs accountantCompliance monitoring
vs compliance officerExample yearly figures. Custom AI work is priced on the value it creates.
Software only
Your team uses the modules. We look after the system and the checks.
Fully run by TAC
Our team does the work for you. You keep the sign-off.
Regulatory Pulse
A monthly digest of circulars, consultations and enforcement notes published by the SFC and highlights for an SFC-licensed firm. Written by the compliance team, not by a model.
Tell us about yourself
Tell us about your firm. We will show you how TAC would check it, one module at a time.