Hierarchy mapping
Map fund → underlying fund → asset/company where data permits.
DATA, RISK & PERFORMANCE
Look-through reporting across funds and underlying assets.
Normalise underlying manager and asset data so exposures, concentrations and ownership chains can be analysed consistently.
Overview
Look-through reporting traces an investment through underlying funds/vehicles to provide deeper exposure information. It is particularly relevant to fund-of-funds, multi-manager platforms, allocators, family offices and institutional investors.
The service connects portfolio reporting and risk analytics through a consistent view of direct and underlying exposures.
Our capabilities
Normalisation
Align taxonomy, currency, period and identifiers.
Exposure aggregation
Aggregate sector, geography, asset, issuer and manager exposures from the approved hierarchy.
Concentration
Identify concentration and overlapping exposures across underlying portfolios and managers.
Data-quality flags
Flag stale, missing and estimated inputs and their impact on reported exposures.
Reporting
Deliver agreed levels of look-through.
Service coverage
Core records
- Underlying fund statements
- Portfolio/holdings data
- Manager reports
- Fund ownership data
- FX/reference data
Operating activities
| Step | Activity | What happens |
|---|---|---|
| 1 | Collect | Receive underlying data. |
| 2 | Map hierarchy | Link entities/investments. |
| 3 | Normalise | Align definitions. |
| 4 | Validate | Flag missing/stale data. |
| 5 | Aggregate | Calculate exposures. |
| 6 | Publish | Deliver look-through view with quality notes. |
Reporting and oversight
- Investment hierarchy
- Look-through dataset
- Exposure/concentration report
- Data-quality report
- Portfolio dashboard
What clients gain
Complete look-through hierarchy
Map fund → underlying fund → asset/company where data permits.
Consistent classifications
Align taxonomy, currency, period and identifiers.
Reliable aggregated exposures
Aggregate sector, geography, asset, issuer and manager exposures from the approved hierarchy.
Clear concentration visibility
Identify concentration and overlapping exposures across underlying portfolios and managers.
Governance and integration
Exposure & Look-through Reporting is delivered through defined responsibilities, controlled records and documented review. Material exceptions, judgements and approvals remain visible and attributable throughout the operating process.
- Source/frequency disclosed.
- Estimated data labelled.
- No false precision when transparency is unavailable.
- Hierarchy versioned.
Expertise and delivery
Experts behind the service.
Relevant professionals support service design, exception review and delivery governance where specialist judgement is required.
Meet our Experts & ProfessionalsTechnology that supports control.
Controlled data, workflow and review capabilities support consistent execution, transparent oversight and traceable evidence.
Explore Technology & ExpertiseConfigured around your operating model.
Services can be delivered through managed operations, technology enablement, co-sourced delivery or transition support.
See How We WorkFrequently asked questions
How deep can look-through go?
Only as deep as reliable underlying data permits. We make the available depth, source frequency and data-quality limitations visible.
Why is this valuable to family offices?
It can reveal duplicated/concentrated exposures across managers/funds.
Can other datasets be added?
Yes if definitions, permissions and source quality are controlled.
Discuss Exposure & Look-through Reporting
Start with one workflow, one operating issue or one provider transition. We will map the current process, responsibility boundaries, required data and a practical first engagement.