BOSTON, MA, May 11, 2022 – FundCount, LLC, a worldwide provider of accounting and investment analysis software, is pleased to announce that it was named winner of the Best Accounting Solution category at the 2022 Family Wealth Report Awards ceremony held at the Mandarin Oriental Hotel in Manhattan, New York on May 4.
FundCount was awarded the Accounting award after rising to the top in a competitive group of top-notch solution providers. Each category is highly contested and subject to a rigorous process before the ultimate winner is selected by the judges.
According to Stephen Harris CEO of Clearview Financial Media, “These awards were independently and expertly judged solely on the basis of entrants’ submissions and their response to a number of specific questions, which were answered by focusing on the client experience rather than purely quantitative performance metrics. That is a unique, and I believe, compelling feature. These awards recognise the very best operators in the North American family office and wealth management space, with ‘independence’, ‘integrity’ and ‘genuine insight’ the watchwords of the judging process – such that the awards truly reflect excellence in American wealth management.”
Alex Ivanov, CEO and Founder of FundCount says: “This distinction recognizes FundCount’s contribution to the industry and over 20 years of experience delivering users the edge they need through tools such as their unified general ledger, which is more flexible than a multi-book system that has separate general, sales and purchase ledgers. We offer single and multi-family offices a purpose-built system that is uniquely positioned to address their back-office accounting and reporting needs.”
Unlike other accounting software, FundCount uses a multicurrency general ledger that is fully integrated with its partnership functionality. A dynamic chart of accounts automatically adds and updates accounts and sub-accounts for each partner and investment vehicle. Capital, profit and loss and interest flow between master and feeder funds with a click of a mouse, making this arduous task easy. With consolidated information at your fingertips, you’ll meet investor demands for transparency and availability while ensuring accuracy and clarity.
Founded in 1999, FundCount provides integrated accounting and investment analysis software that improves operational efficiency and delivers immediate, actionable intelligence to clients. FundCount is a global organization headquartered in the U.S. with five offices on four continents. For more information, visit fundcount.com. The FWR awards showcase high-performing providers in global private banking, wealth management and advisor communities.