We believed that our H2 fund would start operating within 6 months. It took us nine months. We took 18 months for the process to reach the desired level of operation. We were still only at 80percent. Please schedule a session Our optimism began early. When we first started our venture fund, it was difficult to think about how many steps were involved. We now know this since we've codified the procedure. It's at least 220. There's probably a number of other steps that we still have to add to the list, we're certain this is near the minimum count. You don't believe this number? The list is now accessible to anyone who wants to have it. The best part is that we've merged all our learnings with a bunch of code to create the most efficient method for creating investment vehicles - and this was made possible because of First Degree Global Asset Management (MAS-licensed funds managers). Our teams have developed an organized method to reduce the amount of time and energy required to create an investment fund, and also provide operational support. We're able to leverage the resources of both of our teams to accomplish this in days, if not even hours. What is it that means to provide support for operations? In essence we're talking about the ability to: Create a website and an operating platform Choose from a variety of fund structures add an experienced, fully licensed, external fund manager. Select from a selection of admins or add the fund manager add your choice of auditor firm Directors and advisors are nominated. tap into a global deal origination network Create an automated procedure to conduct deal analysis Start an investment committee Do KYC and AML checks Interact with users who speak different languages or have currencies AI can be utilized to carry out basic DD analysis Let stakeholders have access to your portfolio Automate fund accounting, reporting or any other manual tasks We know. It's a bit unbelievable that we could offer this kind of functionality in only some days or hours. To automate a process consistently it is necessary to go through the pain of doing it manually repeatedly as well as take notes. We have now completed the process and these notes are no more notes - they now comprise the documentation entries above our codified methods to enable the rapid and simple, automated creation of investment vehicles and the commercialization of the Hatcher+Venture-As-As-A- ("VAAST") platform - a multi-award-winning technology platform and data analytics which lets a year's worth of time be compressed to a matter of days. This platform is built for serious scale. Also, on the 1st of October 2021, we'll start adding customers to our Pilot Partners. If you're a multifamily office, a wealth manager, a private bank, a financial advisor looking to enable a private investment vehicle for clients through a process that is fast efficient, reliable, and comprehensive We'd love to talk with you.
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Our expectations when we started the H2 Fund were it would be ready in six months. However, in the actual situation, it would take us at least nine months. The process ended up taking us eighteen months to reach the desired level of operations - and, at that moment, we were only 80% complete. One of the main reasons we were so confident was that: When we started our venture fund, we did not realize the number of steps involved. We now know - since we've codified it - and the answer is at minimum around 210. While there's likely to be several other steps we'll need to add to that list, we're pretty sure this is near the minimum number. Don't believe the number? We've made our list available for anyone to check it out here. The best part is that we've merged all the lessons learned with a lot of code to create a better approach for creating investment vehicles - and this was made possible because of First Degree Global Asset Management (MAS-licensed funds managers). We have combined the resources of our teams and created a method to speed up the time required to have an investment vehicle established and to develop operational support. The process can be completed in as little as a few hours , or days. What exactly does it mean to provide support for operations? What is operational support? Create a website and an operating platform Pick from a variety of structure of funds add an experienced, fully-licensed, external fund manager. Add a fund administrator or choose from a variety of administrators Incorporate your selection into an auditing firm designate directors and advisors tap into a global deal origination network Automate a process for analyzing deals Create an investment committee for investment. AML as well as KYC check Interact with users who speak different languages or have currencies AI can be utilized to perform the basic analysis of DD enable stakeholder access to your portfolio Automate fund reporting and accounting. Yes, we can. We can do this in days or hours. It seems almost absurd. The first step to automate a process systematically is to do it manually many times. Make notes. We have now completed that and those notes are no longer notes and now form the documentation entries above our codified methods for enabling the quick easy, automated development of investment vehicles as well as the commercialization Hatcher+ Venture-As-A-Service Technology ("VAAST") platform - a multi-award winning technology platform and data analytics which lets a year's worth of time be reduced to a couple of days. This platform was built to facilitate the growth of. The first day of October, 2021, we will add new customers to our pilot partners. If you're a multi-family business, a wealth manager, private bank, or an advisor to financials seeking to create an investment vehicle that is private for your clients , using a process that is fast and efficient, as well as complete, let's talk. We believed that we could be up and running in just six months, but it took us nine months to reach that point. We spent 18 months to get to our desired level. At the time, only 80% of our operations were in place. Our initial optimism was because of this: At the time of our initial venture, we didn't know how many steps it would take to create a venture funds. We now know since we've codified the procedure. It is at minimum 220 steps. Although there may be additional actions to be added to the list, we're pretty confident that this is close to the minimum. Do you doubt the number? The list has been made available for everyone to see. Additionally, we've taken our lessons learned and developed a great deal of code and developed an improved method of creating investment vehicles - using First Degree Global Asset Management and MAS-licensed fund managers. Using the resources of our teams we've built a systematic approach which can cut down the time needed to establish an investment vehicle and set operational support from months to days - or perhaps hours. What is operational support? What is operational support? You can build a site. Choose from a variety of fund structures Add an experienced, fully licensed, external fund manager Create an administrator for the fund (or select one from a variety of admins) Choose the audit company you like Designate directors and advisors tap into a global deal origination network Automate a deal analysis process. Create an investment committee do KYC and AML checks Interact with users using different currencies and languages AI is utilized for analysis and for DD basics Allow stakeholder access to your portfolio Automate the process of fund accounting, reporting, or other manual functions Yes, we can. It's amazing that we can deliver this level of functionality within a matter of hours or days. To automate a process systematically it is necessary to go through the pain of repeating it manually - and make notes. We have now completed this and the notes are no more notes They now comprise documentation entries above our codified methods to enable the rapid and simple, automated creation of investment vehicles and the 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 compressed into a handful 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. If you're a multi-family business, a wealth manager, private bank, or a financial advisor looking to enable a private investment vehicle for your clients , using an easy process that's quick, efficient, and complete We'd love to talk with you. |
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