Sudrania expands fund admin platform for impact funds
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Sudrania expands fund admin platform for impact funds 25 March 2020Illinois Reporter: Maddie Saghir
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Sudrania Fund Services has released the latest version of its fund administration platform, Seamless Investment Backoffice.
The new Seamless Impact installment has been created for funds in the impact investment space, community development financial institutions (CDFI) as well as environmental, social and governance (ESG) investments.
According to the Chicago-based fund administrator, impact investments are in need of more technology, and many funds have large transaction volumes for small investment amounts.
Nilesh Sudrania, founder and CEO of Sudrania, said: "We are happy to contribute our technology to community projects. Impact investing is close to our heart. Community development is very important to Sudrania and we are thrilled to continue helping more funds in the CDFI space.”
Sudrania’s Seamless platform (including Seamless Impact) is an integrated portfolio, fund, and investor accounting system with full-scale general ledger system, the capability to process millions of trades, and produce daily net asset value for impact funds, hedge funds, crypto funds, commodity pools, mortgage funds.
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