We had hoped that our H2 fund would be in operation within six months. It took us nine months to get it up and running. We took 18 months to complete the process to get to our desired level of operation. We were only at 80percent.
Our excitement began in the early days. When we started the venture fund we didn't know how many steps were involved. We now know, because it's been codified. There's at least the minimum of 210 steps. While there's likely to be many more steps we'll have to add to the list, we're pretty sure that's close to the minimum number. Set up a session with us
Do you doubt this number? We've got our complete list of the top 10 here. We've also taking our lessons and developed a plethora of code, and developed an improved method of creating investment vehicles - by utilizing MAS-licensed fund managers First Degree Global Asset Management.
We have pooled our resources to develop a system that reduces the time it takes to establish investment vehicles and to build operational support. This can be done in a matter of days or hours. What is operational support? Operational support is basically the capability of:
Create an online site and an operating platform
Pick from a range structure of funds
Include a licensed, experienced, and competent external fund manager
It is possible to add a fund manager to your portfolio or select one of the administrators.
Add your preferred the audit firm you prefer.
Nominate directors and advisors
tap into a global deal origination network
Create an automated procedure to analyze deals
Create an investment committee
AML and KYC check
Interact with users who are using several languages and currencies
Use AI to perform analysis and basic analysis and basic
enable stakeholder access to your portfolio
Automate the process of fund accounting, reporting, or other manual functions
Yes, that's what we are aware of. It seems kind of unbelievable to be able to offer the same level of functionality within only a few hours, or days. In order to automate a procedure in a systematic manner it is necessary to undergo the hassle of performing it manually over and over again as well as take notes.
We've now finished the process and these notes have been removed They now comprise documents above our codified methods to enable the rapid, easy, automated creation investment vehicles and commercialization Hatcher+ Venture-As-A-Service Technology ("VAAST") platform - a multi-award winning technology platform and data analytics that allows for a whole year's duration to be reduced to a couple of days.
The platform was designed to enable serious scale - and, on the 1st of October, 2021, we'll be expanding our client base to our pilot partners. Contact us if you're a multi-family bank, wealth manager or private financial advisor looking to establish private investment vehicles for your clients. It's a quick and effective process.