Bitcoin was founded in 2009, and it spawned a vibrant industry. This business, which is based on bitcoin and blockchain technology. It has several niches in which companies build solutions for diverse use cases. The decentralized finance (DeFi) sector is one such specialty. DeFi was established to provide an alternative to traditional financial services. It…
FundCount for Small Family Offices vs. Quicken, QuickBooks, etc.
FundCount provides a less expensive version of its software solution to small family offices and high net worth individuals (HNWI) as an alternative to out-of-the-box accounting systems like QuickBooks, Excel, and others. This article contrasts FundCount with traditional accounting systems and takes a look at some of the advantages it provides to small family offices….
Investment Management 2.0
How AI is Disrupting the Industry Back-office operations have long been used by asset managers to increase revenue. Because of the advent of passive investing and regulatory restraints, it is now more important than ever to shift the back office from a cost center to a profit center. Furthermore, when investment costs fall, asset managers…
Family Office Succession Planning
For four seasons, HBO’s “Succession” has captivated fans with the Roy family’s darkly comedic yet tragic power struggles, betrayals, and fighting. Even at its most ridiculous, the show is a startlingly accurate depiction of what succession can do to a family office. From the standpoint of a family business, the reason why this show is…
Theorem Fund Services wins Best Administrator Award
FundCount client Theorem Fund Services has won the “Best Administrator – Technology” category at the Hedgeweek US Emerging Manager Awards 2023. This is a great achievement for Theorem Fund Services, and we are proud to partner with such an innovative and forward-thinking team! This hedge fund award means that Theorem Fund Services provides the best…
“FundCount’s Front Office Offerings” Conference in Cyprus
FundCount recently hosted a live event in Cyprus to showcase the latest trends in front- and back-office automation for fund administrations, hedge funds, and private equity firms. The conference was held on Monday 12 June 2023 at the Hilton Nicosia. The event was attended by many prospects and clients who have sought an end-to-end solution…
Initial Coin Offering Guide
In the area of cryptocurrencies and blockchain, a fundraising strategy known as an ICO, or initial coin offering, is used. It is comparable to an IPO (Initial Public Offering), however there are some significant variations. Startups frequently use ICOs to acquire capital, and the major benefit is that it does it without the need of…
Multi-Currency Reporting Complexities
Businesses having subsidiaries, franchises, holding corporations, or other arrangements in multiple countries absolutely must have multi-currency consolidations. You might already be doing business, keeping accounts, and reporting in multi-currencies as a developing company. You might even think of founding a foreign company at some point. While establishing local subsidiaries might have many advantages, it can…
Establishing a Foreign Invested Enterprise (FIE)
A corporation can conduct business in a foreign economy by using a legal framework known as a foreign-invested enterprise (FIE). At crucial phases, establishing a Foreign Invested Enterprise means being subject to stringent government controls, which may limit their ability to make a profit. Furthermore, the FIE operating in the foreign nation may be subject…
