Government

Portfolio Accounting Services

The Nottingham Company has developed unique solutions for administering state and local government operating cash balances, giving the participant agencies or municipalities access to investment management services and operating economies of scale that are not possible with smaller, stand-alone portfolios.

We work with each client to develop a customized, unitized reporting system that allows for the consolidation of assets from multiple accounts while maintaining individual accounts for each sub entity that clearly identify both income and principal at the sub entity level. Nottingham has the ability to provide custom-tailored reporting not available through large custodians. This customized reporting gives our clients:

Increased flexibility in analyzing data
Performance measurement of individual investment managers even within a multi-manager investment pool
Same day access to account data via Internet based reporting

All delivered at a lower cost than most competitors' weekly or monthly methodology.

The following is an overview of our services:

Portfolio accounting

Calculation of aggregate portfolio and unitized
Assistance with coordination of the audit process
Customized reporting

Participant recordkeeping

Daily control and reconciliation
Expense accrual and payment reporting
Process all purchases and redemptions

Expense accrual and payment processing

Calculate expense accrual
Issue payments for account expenses
Support periodic expense accrual review

Financial reporting

Calculate taxable gain/loss
Dividends and capital gain distributions
Maintain tax accounting records
Maintain tax lot detail
Prepare monthly reports