NAV solution definition
Examples of NAV solution in a sentence
In the event that the Administrator’s core fund accounting platform (i.e., based on the Eagle STAR system) were to be unavailable to allow the Administrator to calculate a NAV for a Portfolio in accordance with the Administration Agreement, the Administrator may, at its sole discretion, but after notification to the Fund to the extent reasonably practicable, utilize its proprietary contingency NAV solution (“Contingency NAV”) to calculate applicable components and generate the NAV for such Portfolio.
The software is licensed based on the number of copies of the product you install on premises or use on a hosted basis; the number of users (defined by product) the number of legal entities (companies) in your NAV solution Usage of different components; and additional modules/functionality you license.