Providing a holistic, portfolio-wide view of fund data that
satisfies the needs of in-house management, investors and
regulators is a technological nirvana for fund managers across the
private capital spectrum. However, achieving this is getting harder
as the data management and reporting tasks grow in size and
complexity, while expectations for accessibility continue to rise.
This presents fund managers with a fundamental choice in how best
to meet the challenge: invest in and manage fund administration
technology in house, or hand the task over to a specialist
provider.
Whether meeting the needs of portfolio accounting, investor
reporting or capital calls – or satisfying Know Your Client
(KYC) / Anti-Money Laundering (AML) requests – the list of
fund accounting and reporting requirements gets longer by the day
for venture capital (VC) and private equity (PE) firms. With
increasingly stringent rules and regulations, regulators are also
requiring more in-depth
