CIFC Asset Management, an alternative credit specialist, has appointed HUB, a SaaS solution to simplify and automate investment operations, to streamline its NAV reconciliation and oversight processes.
HUB automates the collection and matching of data from fund administrators, prime brokers and order management systems, enabling teams to focus on exception management and analysis, improving scalability and operational efficiency.
“As CIFC continues to scale and enhance the operational framework supporting NAV oversight, HUB’s platform plays a critical role in strengthening our NAV control environment,” said Tom Gough, MD and head of investment operations at CIFC.
“By automating and standardising NAV reconciliation across funds, the solution provides real-time visibility into reconciliation status, embeds robust validation checks, and captures sign-offs with full audit trails.
“By reducing manual workloads and applying consistent business rules across funds, we’re increasing capacity, improving accuracy, and strengthening oversight — positioning our team to support continued growth with greater efficiency and control.”
CIFC manages over $47bn and specialies in credit strategies including CLOs, corporate credit, structured credit and direct lending.
Paul Taylor, CEO of HUB, said he was excited to support the team at CIFC. “HUB solutions help asset managers and hedge funds simplify daily and monthly production by automating complex and manual tasks.”