Indicates the company’s portfolio and partnership accounting software closely aligns with industry needs
FundCount, LLC, a worldwide provider of accounting and investment analysis software, today announced that it has achieved the strongest first-half results in the company’s history with the signing of 11 new family office and fund administration clients across the Americas and Asia through June 30th. A solid pipeline for the second half of the year suggests that FundCount is poised to continue its impressive growth.
Founded in 1999 and privately owned, FundCount has steadily been gaining market share through increased brand recognition and word-of-mouth as a result of its powerful integrated partnership, portfolio and general ledger accounting solution. FundCount is used by family offices, fund administrators, hedge funds and private equity firms around the globe. A significant product update announced last month added new capabilities and included numerous enhancements to existing functionality to bring further efficiency, control and flexibility to clients.
“It is difficult for small and mid-sized firms to find a well-priced accounting and reporting solution with deep functionality across all asset types,” said Alex Ivanov, CEO and founder of FundCount. “The company’s unprecedented growth is evidence that FundCount software fills a gap in the market. We have worked diligently over the last 12 months to build awareness and connect with investment professionals. Our efforts are bearing fruit. We hope to continue this momentum going forward.”
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.