FundCount Signs Deal to Provide Portfolio Accounting Software to Tanrich Asia-Pac Asset Management

9 January 2018

Will support the hedge fund’s diverse investment portfolio

FundCount, LLC, a worldwide provider of accounting and investment analysis software, today announced that Tanrich Asia-Pac Asset Management (Asia) Limited (“TAPAM”) has selected FundCount’s portfolio accounting software to manage the firm’s diverse portfolios and investment products.

Based in Hong Kong, China, TAPAM offers asset management services for global institutions and individual investors. In addition to its broad portfolio accounting functionality, FundCount will be used to generate monthly net asset value (NAV) reports for the hedge fund and monthly statements for each of the firm’s discretionary portfolios.

“FundCount was initially created for the hedge fund industry, so that is a sector we know inside and out,” said Alex Ivanov, CEO and founder of FundCount. “Not only does FundCount handle all the complexities of hedge funds with accuracy and efficiency, but the software’s reporting flexibility will enable TAPAM to quickly generate reports and statements on demand.”

Jess Au, Investment Director of TAPAM, comments on the decision to select FundCount. “Before joining TAPAM, I had worked with FundCount for 3 years and had a positive experience. That gave us confidence from the start that FundCount was the right solution for our needs. We look forward to implementation and being fully operational in the coming months.”

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