The Data Exchange File Parsing Utility is available to process merged documents such as K1 statements or capital calls. The File Parsing Utility is designed to split merged documents into individual files to facilitate the posting of investor-specific file attachments to Data Exchange. The File Parsing Utility performs two primary functions:

• Parses a merged PDF file into individual PDF files and packages the files for quick and easy importing into Data Exchange.

• Parses a merged Microsoft Word file into individual Word files, converts the individual Word files to PDF files, and packages them for delivery to Data Exchange.