Private Client Resources (PCR), provider of data and wealth information management services, has partnered with FundCount.
The deal will see PCR provide an integrated cost-efficient managed data solution within the FundCount platform, which offers accounting, investment analysis and reporting software to a wide range of clients.
“FundCount delivers efficiency and insight to clients — which comes from being able to account, manage, and report on complex holding structures and the full array of liquid and illiquid holdings in a way that few providers can. Efficiency and insight starts with data consolidation,” said Mike Slemmer, COO, Americas of FundCount.
“The FundCount platform excels at catering to the complex needs of clients ranging from single and multi-family offices to multibillion-dollar alternative fund managers and administrators. By seamlessly integrating with PCR’s TotalWealthStream, clients can easily access hard-to-collect data from a centralized platform to streamline accounting and reporting.”
PCRs TotalWealthStream, its wealth information management platform, will be integrated with the FundCount’s proven general ledger capability. Combined, PCR and FundCount will deploy an integrated platform with all portfolio and partnership accounting activity delivered through a single general ledger producing fully normalized, consolidated, and accurate data that will be instantly available for reporting.
Brian Shapiro, chief product officer of PCR, added: “We very much admire FundCount and their holistic approach to proactively addressing industry accounting challenges as well as their commitment to help clients streamline the engine of all good decision making – great data.”
Copyright © 2018 RegTech Analyst
Copyright © 2018 RegTech Analyst
