Private Client Resources partners with FundCount
11 September 2018 New York
![Generic business image for news article](https://www.assetservicingtimes.com/assetservicesnews/images/TuesdaySeptember1120181536655553.jpg)
Private Client Resources (PCR) has partnered with FundCount to offer an integrated cost-efficient managed data solution within the FundCount platform.
FundCount is a global provider of accounting, investment analysis and reporting software.
The partnership will integrate PCRs TotalWealthStream, the company’s wealth information management platform, with FundCount’s proven general ledger capability.
Combined, PCR and FundCount will deploy a vertically integrated platform with all portfolio and partnership accounting activity delivered through a single general ledger producing normalised, consolidated and accurate data that will be instantly available for reporting.
Brian Shapiro, chief product officer of PCR, said: “We are pleased to be partnering with FundCount to offer their clients a solution that delivers fully transactionalised and analytics ready data from every asset class and instrument type directly into their accounting platform.”
He added: “We very much admire FundCount and their holistic approach to proactively addressing industry accounting challenges as well as their commitment to helping clients streamline the engine of all good decision making—great data.”
Mike Slemmer, COO, Americas of FundCount, commented: “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 start with data consolidation.”
He added: “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 centralised platform to streamline accounting and reporting.”
FundCount is a global provider of accounting, investment analysis and reporting software.
The partnership will integrate PCRs TotalWealthStream, the company’s wealth information management platform, with FundCount’s proven general ledger capability.
Combined, PCR and FundCount will deploy a vertically integrated platform with all portfolio and partnership accounting activity delivered through a single general ledger producing normalised, consolidated and accurate data that will be instantly available for reporting.
Brian Shapiro, chief product officer of PCR, said: “We are pleased to be partnering with FundCount to offer their clients a solution that delivers fully transactionalised and analytics ready data from every asset class and instrument type directly into their accounting platform.”
He added: “We very much admire FundCount and their holistic approach to proactively addressing industry accounting challenges as well as their commitment to helping clients streamline the engine of all good decision making—great data.”
Mike Slemmer, COO, Americas of FundCount, commented: “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 start with data consolidation.”
He added: “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 centralised platform to streamline accounting and reporting.”
NO FEE, NO RISK
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times
![Advertisement](../images/bull-252524.png)