South Africa Funds and Corporate Services

JTC’s global service centre is based in South Africa, with over 140 professionals servicing the groups global corporate and fund clients, with specific specialisms in administration and accounting services to private equity funds, asset managers and global wealth management entities.

The South African business was established in 2007 and became part of the JTC Group in 2015. The global service centre provides services to fund and corporate clients domiciled in leading international financial centers and specialises in the administration of a wide variety of alternative asset classes, real estate and traditional investment structures.

JTC has been doing business in Africa and working with clients and their advisors across the continent for over 20 years. JTC South Africa is an approved FSP, regulated by the FSB and a member of both ASISA and SAVCA.

South African Services

Fund administration (regulated and non regulated entities)

  • Maintenance of fund books & records
  • NAV calculations and reporting
  • Fee calculations (including carried interest and complex incentive fees) and payment processing
  • TER calculations and reporting
  • Company Secretarial services
  • Governance support services

Investor services

  • Maintenance of Investor registers and records
  • Investor onboarding services including FICA, KYC & AML checks and maintenance
  • Processing of all investor transactions
  • Investor reporting, including statements and transaction confirmations
  • Calculations and reporting of all call and distribution notices
  • Commissions, rebates and other investor related fee calculations

Accounting and financial reporting

  • Statutory bookkeeping and accounting under IFRS and most other GAAPs, including US and UK.
  • Periodic management reporting
  • Outsource CFO
  • Audit and Board committee support services
  • Co-ordination and management of audit process.
  • Annual and Interim Financial Statements, including consolidation reporting

Middle Office services

  • Trade execution and settlement processing
  • Corporate Action processing and reporting
  • Fund compliance services
  • Risk monitoring and reporting
  • Investment transaction secretarial support services

Regulatory Reporting services 

  • FATCA and CRS reporting
  • AIFMD Annex IV reporting
  • Multijurisdictional filing services
  • Tax reporting
  • FSB, ASISA and other regulatory reporting support services

Consulting Services

  • Service provider oversight and compliance services
  • Project Management services
  • Process and system design and implementation
  • Structuring and product design support
  • Business system migrations and implementation support services