NEW YORK September 12, 2018. PCR, the leading provider of data and wealth information management services to UHNW families, private banks, multi-family offices, and investment advisors, today announced a partnership 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 catering to the complex financial needs of a wide range of clients.
The partnership will integrate PCR's TotalWealthStream™, the company’s award-winning wealth information management platform, with FundCount’s proven general ledger capability. Combined, PCR and FundCount will deploy a powerful vertically integrated platform with all portfolio and partnership accounting activity delivered through a single general ledger producing fully normalized, consolidated, and accurate data that will be instantly available for reporting.
“We are pleased to be partnering with FundCount to offer their clients a solution that delivers fully transactionalized and analytics ready data from every asset class and instrument type directly into their accounting platform,” said Brian Shapiro, Chief Product Officer of PCR. “We very much admire FundCount and their holistic approach to proactively addressing industry accounting challenges as well as their commitment to help clients streamline the engine of all good decision making – great data.”
“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 starts with data consolidation,” said Mike Slemmer, Chief Operating Officer, Americas of FundCount. “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 centralized platform to streamline accounting and reporting.”