Technology
Wealth Data, Reporting Services Firms Join Hands
The partnership highlights the ferment in the field of delivering reporting and information solutions to the wealth management sector.
A pair of high-profile firms in the US providing data and
information to the wealth management sector around the world are
forming a new partnership.
Private
Client Resources has partnered with FundCount to offer a managed
data solution within the FundCount platform. FundCount offers
accounting, investment analysis and reporting software for a
range of customers.
PCR’s TotalWealthStream™ platform will be integrated with
FundCount’s general ledger capability.
“By seamlessly integrating with PCR’s TotalWealthStream, clients
can easily access hard-to-collect data from a centralised
platform to streamline accounting and reporting,” Mike Slemmer,
chief operating officer, Americas of FundCount, said.
The deal means FundCount is working with a firm that says that
more than $250 billion of assets are delivered to its various
platforms. In the case of FundCount, organizations such as
multi-family offices, private equity houses and others with
assets of more than $125 billion use its reporting systems.