FundCount Unveils New Release of its Portfolio and Partnership Accounting Software
BOSTON, MA, June 27, 2017 – FundCount, LLC, a worldwide provider of accounting and investment analysis software, today announced the availability of Release 3.0, the company’s latest version of its flagship portfolio, partnership and general ledger accounting and reporting solution.
FundCount software is used by family offices, fund administrators, hedge funds and private equity firms around the world. Release 3.0 includes many new capabilities as well as significant enhancements to existing functionality that will bring greater efficiency, control and flexibility to clients.
A Performance Attribution module, one of the notable new features in Release 3.0, interprets how investors achieve their performance and measures the sources of value added to a portfolio. It includes benchmarks, new reports and three attribution methodologies: Brinson-Fachler, Brinson-Hood-Beebower and geometric Brinson-Fachler (for multi-period attribution).
Detailed improvements were made across the board to many standard reports in FundCount’s extensive Report Encylopedia. In addition to advanced filtering functionality and more data grouping selections, the updated reports feature numerous other settings and options for customization.
“FundCount continually evolves to meet the needs of our clients,” said Alex Ivanov, CEO and founder of FundCount. “Release 3.0 is significant in its scope and depth. It provides greater functionality, control and flexibility across all accounting and reporting features. It raises the bar on what integrated accounting software can and should do.”
Founded in 1999, FundCount provides integrated accounting and investment analysis software that improves operational efficiency and delivers immediate, actionable intelligence to clients around the globe. Today, over 100 hedge funds, single and multi-family offices, fund administrators and private equity firms worldwide with assets totaling more than U.S. $75 billion rely on FundCount for accurate, timely information and flexible reporting. FundCount supports its growing client base from the company’s U.S. headquarters and five additional international locations. For more information, visit www.fundcount.com.