Cloud-based investment accounting systems have transformed the financial sector by offering significant advantages, including enhanced accessibility, scalability, security, and cost savings. The migration to cloud computing is revolutionizing organizations across the board, enabling them to accelerate operations, enhance agility, and drive innovation. This paradigm shift is fundamentally altering our work, communication, and collaboration dynamics, becoming…
FundCount’s Comprehensive Reporting Capabilities
As an asset manager or family office organization, you intimately understand how vital reporting is. It provides the necessary insights for informed decision-making, fosters transparency and accountability with clients, and ensures compliance with regulatory requirements. Effective reporting helps streamline operations by reducing manual effort and errors, allowing for better cost management and strategic planning. Clear…
The Key to a Successful Software Implementation Plan
One of the frequently asked questions of the FundCount sales team is, “How much time is this implementation going to take me?” We love this question! It is key to any successful implementation. Our expert implementation colleagues can suggest an answer once we are engaged with a client, but the underlying substance of this question…
The Pitfalls of Family Office Software Procurement
When it comes to running a smooth ship, family offices many times end up frustrated by a natural inertia that commonly occurs over the years. The multiplicity of asset classes, and the proliferation of entities over time, creates stress for family office professionals and the systems they operate with. Systems end up cobbled together from…
Essential Elements of a Portfolio Accounting System
Portfolio accounting systems are comprised of software that helps financial professionals track, evaluate, and report on the value of complicated investments. Asset managers, fund administrators, family offices, hedge funds, and private equity firms can all use these platforms to manage public securities and derivatives. Portfolio accounting systems provide valuable insights for more informed investing decisions…
Fund Administration Startup Solution Sized Precisely for You
Maybe you’re starting a new fund administration business because you have a vision for making fund manager lives easier. Or, maybe you’re a seasoned industry professional and a fund administration startup is the next logical step in your career trajectory. Whatever it is that brought you to this point, now, you’re ready to leverage that…
Innovations Leave a Lasting Impact on Wealth Management Reporting
Wealth management reporting and investor accounting have been around for centuries. Despite the increasing complexity of the challenges faced by accountants and analysts, their primary tools—financial statements and reports—have remained largely unchanged. This consistency is due to the accounting profession’s well-established best practices, ensuring the accuracy and value of their work. Although the world has…
Supercharge Family Office Reporting with a Multi-Currency General Ledger
Family offices often grapple with a major challenge: How to manage complex financial data from diverse sources using accounting software designed for other industries? Trying to do so leads to a reliance on spreadsheets for data gathering, reconciliation, and reporting, and ends up taking precious time and causing errors. Ask any single or multi-family office…
Multi-Currency General Ledger Transforms Fund Administration
What Makes FundCount’s Multi-Currency General Ledger Unique? Launching a fund administration business is not much different than starting any other entrepreneurial venture. It’s important to understand why the particular business is of interest to you, determine the upside potential, and be realistic about the barriers to entry and resources needed to get it off the…
