aama.io vs Selene
aama.io
aama.io
Selene
sciforn.comSide by side
| Figure | aama.io | Selene |
|---|---|---|
| Price from | $1,500/mo | — |
| Free plan | — | — |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | — |
| iOS | Yes | — |
| Android | Yes | — |
| API | Yes | Yes |
| Plans published | 5 | 0 |
| Spec score · Fund Administration Software | 8.2 (#4) | 6.9 (#25) |
| Accounting | Its fund accounting engine provides a double-entry general ledger, automated NAV, waterfalls and 12+ audit-ready reports. | Selene combines ABOR, IBOR and shadow books with multi-GAAP, multi-currency accounting and NAV calculations at fund, class, series and investor level. |
| Compliance | The platform provides tools supporting MAS, PDPA and SFA requirements, while fund managers remain responsible for their own licenses and regulatory compliance. | The page lists AIFMD, Form PF, MiFID II, PRIIPs, FATCA, CRS and Canadian regulatory regimes, with approval matrices and segregation of duties. |
| Founded | 2022 | 2021 |
| Headquarters | Singapore | Toronto, Canada; London, United Kingdom; New York, United States; development centre in Pune, India |
| Integrations | The maker says APIs connect to banking systems, custodians, CRM tools and accounting software, with data import and export in multiple formats. | The maker says data migration and custodian and prime-broker integration run alongside configuration during implementation. |
| Product | aama.io combines fund administration, fund accounting and a white-labeled investor/LP portal in one platform. | Selene is a fund operations platform spanning entities, fund structures, investor onboarding, capital calls, deals, NAV, waterfalls and reporting. |
| Security | The maker lists encryption, multi-factor authentication, granular role-based access controls, security audits and continuous monitoring. | Sciforn says its software encrypts data in transit and at rest, uses role-based access and single sign-on, and keeps an audit trail that cannot be edited or deleted. |
Plans
aama.io
- Syndicate SPV$2.50, paid once
- Fund Administrators$1,500 a month
- Single SPV$4,900, paid once
- Fund manager subscriptionsPrice not published
- PlatformPriced on request
In their own words
aama.io
aama.io brings fund administration, accounting and a white-labeled investor or LP portal into one platform. It automates capital calls, distributions, investor onboarding, NAV calculations, accounting and reporting. Its accounting engine includes a double-entry general ledger, automated NAV, waterfalls and more than 12 audit-ready reports. It supports VCC sub-funds, SPVs, syndicates, private equity, venture, hedge and multi-asset funds, with IFRS 9 and SFRS(I) 9 accounting, including amortised cost, fair value and expected-credit-loss staging. APIs connect to banking systems, custodians, CRM tools and accounting software; data can be imported and exported in multiple formats. Listed safeguards include encryption, multi-factor authentication, role-based access controls, security audits and continuous monitoring. Its tools support MAS, PDPA and SFA requirements, but managers remain responsible for licensing and regulatory compliance. Family office subscriptions start at 625 USD per month; other plans have different scopes and fees. Plans include a one-time setup fee, and subscriptions can be billed monthly or annually.