4Pines Fund Services has selected Allvue Systems, an alternative investment technology solutions provider, to provide fund accounting software solutions for its private equity clients.
Allvue’s platform will enable 4Pines’ clients to streamline and manage their fund accounting through their software as well as a cloud-based solution.
The fund accounting solution will offer clients financial statement reporting, a multi-currency general ledger, cash management, waterfall capabilities and workflow standardisation.
Michael Trinkaus, CEO of 4Pines, said: “Our commitment is to provide our clients with top-notch fund administration solutions to enable better and faster reporting, and to do that we need technology partners like Allvue.”
Trinkaus continued: “By leveraging the strength of Allvue’s best-in-class software we will be able to greatly enhance our full-suite fund administration offering and continue to deliver the best service to our clients.”
Ryan Keough, chief revenue officer of Allvue, commented: “With increased market volatility, managers need to be laser-focused on investing without having to worry about the other parts of their businesses. 4Pines has solved for this need by building leading-edge fund administration solutions for clients that enable them to focus on what really matters.”
