From Raw Numbers to Meaningful Insights Data literacy is about understanding and interpreting data, which is crucial in accounting and portfolio management. These fields are increasingly leveraging data, and systems are being designed to present this data in an understandable format. This allows professionals to extract insights for informed decision-making, efficient processing, and personalized investment…
Power BI’s Data-Driven Advantage for Family Offices
Transform Data into Compelling Insights with Mobile-First, User-Friendly Reporting Family offices and asset managers are constantly seeking sophisticated yet user-friendly online reporting solutions that empower their clients to make informed investment decisions. Power BI is just such a powerful yet intuitive tool that seamlessly integrates with other software, enabling its users to present and gain…
Managing Your Investments with Portfolio Accounting Software
Leveraging the Back Office for Informed Investment Decisions and Actionable Insights Portfolio management faces several challenges for any portfolio accounting software system. One of them is complexity, which arises from the need to evaluate various asset classes, balance different investment vehicles, conduct due diligence, and adapt strategies to the ever-changing market conditions. Reporting is another…
Tier 1 Fund Administration Solution
Cost Savings with a Focus on Growth and Efficiency Fund administration and top tier financial professionals face challenges such as managing diverse asset classes across multiple platforms, high transition costs, operational risks, and the potential loss of key personnel in a competitive labor market. A fund administration solution is needed that can streamline operations, reduce…
Cloud-Based Investment Management Benefits
The Efficiency and Accessibility of Cloud-Based Investment Management Moving your investment management operations and backups to a cloud-based investment management system offers numerous advantages beyond just cost savings. One of the most significant benefits is unique accessibility, allowing you to access your data from anywhere in the world as long as you have an internet…
FundCount Year in Review
Reflecting on Progress, Looking Forward to the Future As the holiday season approaches, we at FundCount are taking a moment to express our sincere gratitude for your continued partnership and trust. It’s been a year of fruitful collaboration, marked by key achievements and milestones that have strengthened our partnership and your path to success. Let’s…
Is a Real-Time General Ledger as Important as Everyone Says?
In today’s fast-moving financial world, markets often react much more rapidly than in prior decades. That’s why backward-looking accounting systems are so limiting. While these traditional platforms still abound, today, there’s another option: a real-time general ledger. If you’re not using a real-time general ledger for your family office, you may unfortunately be putting…
A Guide to Data Governance for Small Businesses
Practical Information for Small Businesses to Govern Data Effectively Picture this: You’re a small business owner who has just lost a lucrative contract. The reason? Your competitor, who prioritizes data governance, was able to provide more precise forecasts and demonstrate a superior understanding of market trends. This isn’t a hypothetical situation. In reality, a study…
Gen Z Pushes Focus Toward Alternative Asset Classes in 2023
Diversification, Technology, and Youth Drive the Trend into 2024 In 2023, while economic uncertainty continued to weigh on traditional asset classes, alternative asset classes continued to explode globally in popularity. The most notable increase in allocation came from Gen Z investors, who joined family offices and institutional investors in the pursuit of reducing volatility, increasing…
