Fund Administrators
Precision at scale for modern fund administrators_
qashqade automates complex fund operations and financial reporting for private market fund administrators, reducing operational risk and enabling integrated, technology-led service models.
Trusted by leading private markets firms
Servicing more clients requires automation, not more spreadsheets
As a fund administrator, you're balancing growing client demands, complex waterfall structures, regulatory scrutiny and the need for speed — often with outdated, manual processes. The result: operational inefficiencies, increased calculation risk, rising costs and pressure on client relationships.
Spreadsheets and fragmented systems can't support the complexity of modern private markets. This is where qashqade comes in. We automate complex allocation calculations and deliver accuracy, efficiency and auditability at scale.
Fund admins are turning into tech-enabled solution providers
Fund managers and investors increasingly expect technology-enabled solutions, transparent reporting and institutional-grade precision. However, building proprietary waterfall engines and reporting infrastructure internally is costly, complex and distracting from your core business.
By partnering with qashqade, you gain access to a proven enterprise platform, fully white-labelled and seamlessly integrated into your ecosystem. Your clients experience it as your premium technology offering. Automate with confidence. Scale without operational strain. Deliver exceptional value without reinventing the wheel.
Product
Operate with control. Scale with confidence.
Whether used internally or embedded into your own service model, qashqade transforms waterfall complexity into automated, defensible and scalable outputs.
Reduce operational risk
Eliminate spreadsheet dependency with a calculation engine based on configurable algorithms that are built out to the exact specifications written in your clients' agreements.
Automate complexity at scale
Handle multi-tier waterfalls, preferred returns, catch-ups, clawbacks, broken deal provisions and bespoke fee structures without manual modelling in spreadsheets.
Deliver institutional-grade reporting
Provide customized capital account statements, fee breakdowns, performance summaries and transparent audit trails that satisfy both fund managers and their investors.
Integrate seamlessly into your ecosystem
Connect directly to leading fund accounting and data platforms via API, Snowflake or secure file exchange.
Scale without expanding headcount
Automate ingestion, calculation and reporting cycles to grow your client base without increasing operational strain.
By pairing our technical expertise in LPA validation and carry modelling with qashqade’s collaborative advisory team, we’ve created a synergy that delivers deeper insights and shared learning, strengthens carry analysis and fund accounting practices, and achieves faster resolution of complex carry scenarios – far beyond what standalone technology can achieve. qashqade doesn’t just provide technology, they provide tailored support and work closely with their clients to drive better outcomes.
This is about trust at the end of the day. That’s what our clients are really paying for – knowing that everything’s being handled properly, with full transparency. qashqade helps us deliver the best solutions to fund managers’ most complex challenges, which is our core mission.
After a careful selection process, qashqade became the natural choice for us, not just for the technology but also their deep understanding and expertise of our challenges and how to address them.
The allocation engine built for private markets complexity
qashqade is the calculation backbone behind complex private markets structures. It centralises calculation logic, simplifies data ingestion and produces fully traceable outputs, giving fund administrators a controlled, scalable foundation for delivery. At scale. No spreadsheet risk. No fragmented models. No compromise on precision.
Eliminate spreadsheet risk in complex waterfall calculations
Automate multi-tier European and American waterfalls, preferred returns, catch-ups, clawbacks, NAV-based fees, closed and open-ended fund structures within a controlled rule-based calculation environment. Replace spreadsheet dependency with a repeatable, auditable allocation engine that ensures consistent outputs across funds and reporting periods.
Provide defensible, audit-ready outputs to every stakeholder
Generate capital account statements, capital call and distribution notices, carry breakdowns and allocation summaries directly from the calculation logic. Provide fully branded, audit-traceable outputs backed by consistent data and automated workflows ensuring clarity for fund managers, investors and regulators.
Integrate seamlessly into your existing data ecosystem
Ingest and exchange high-volume data through direct APIs, secure sFTP transfers and Excel uploads. Leverage pre-built integrations, configurable ingestion schedules and reconciliation controls to ensure completeness, accuracy and system-wide consistency.
Explore the complete platform
Head to our product overview for a full review of what the qashqade platform entails and enables you to achieve.
Case Study
Scaling carry modelling through technology & trusted expertise
IQ-EQ is a global fund administrator with deep technical accounting expertise. As client demand grew and fund structures became increasingly complex, the team sought to enhance and scale their carry modelling service across the EMEA region. Learn how qashqade helped.
Case Study
Scaling operations for a global fund administrator
Learn how qashqade assisted one of the largest fund administrators worldwide, with several hundred funds needing regular waterfall calculations for management and performance fees.
White Paper
The Resilience Playbook
In today’s private markets landscape, operational resilience isn’t optional, it’s a competitive advantage. This eBook explores why resilience matters now, drawing on market data, expert interviews, and real-world insights. Discover practical steps to future-proof your fund operations.
Stop worrying about whether your numbers are right
You don’t need more flexibility. You need calculations you can trust, explain, and defend. Every single time.
