Fund Administrator
German: Fondsadministrator
The service provider that keeps the unit register, calculates NAV, processes subscriptions and redemptions and prepares fund reporting.
Why people look this up
Operational readers mapping which administrator tasks a smart contract can take over and which must stay with a licensed or contracted party.
Auf Deutsch
Fondsadministrator — Der Dienstleister, der das Anteilsregister führt, den Nettoinventarwert berechnet, Zeichnungen und Rücknahmen abwickelt und das Fondsreporting erstellt.
Related terms
Looking for how this maps to its traditional-finance counterpart rather than a standalone definition? See the Term Bridge, which also flags where the obvious analogy is wrong.