Grassi & Co. expands fund admin business 02 August 2013New York Reporter: Georgina Lavers
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Grassi & Co.'s fund administration business is expanding its service capabilities and will now offer Advent's Geneva accounting solution.
Geneva eliminates batch processing and error corrections, and also unifies the general ledger and portfolio sub-ledgers.
Grassi & Co. will integrate Geneva into its suite of fund administration services, developed specifically for hedge funds.
"As the industry's most scalable and robust accounting solution, Geneva offers the right platform to support our administration and accounting clients." said James Anziano, partner and fund administration service leader of Grassi & Co.
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