SAN RAFAEL, Calif., Dec. 6, 2016 /PRNewswire/ -- BaseVenture announced today that it won the 2016 "Product Leadership" Award from Frost & Sullivan, the Growth Partnership Company. BaseVenture was given this award in recognition of its innovation in the Alternative Investment Digital Platform Solution industry in North America.
BaseVenture's flagship product FundManager.io is a Software-as-a-Service platform that simplifies how private funds are administered and managed, such as hedge funds, private equity funds, and real estate funds. FundManager.io streamlines fund management by connecting fund administrators, fund managers, and investors.
For Fund Administrators, using FundManager.io helps them improve the quality of service to their clients and investors, increases their efficiency and margins, and helps them better tackle compliance and regulatory challenges.
Frost & Sullivan has a global team of analysts and consultants continuously researching a wide range of markets across multiple sectors and geographies. As part of this ongoing research, Frost & Sullivan identifies companies that maintain consistently high standards for product or service quality and innovation. This research involves extensive primary and secondary research across the entire value chain of specific products. Against the backdrop of this research, Frost & Sullivan singled out FundManager.io as a leading force in the industry.
John Pizzi, BaseVenture's CEO, said, "We are honored to receive this prestigious award from Frost & Sullivan. Our team at BaseVenture has worked hard to create a software platform that brings much needed innovation to private funds, which is the fastest growing category of investments. While we have received other awards this year that recognized us as a company to watch, this award has special significance to us because it shows that our product has quickly become the leader in this space."
"As fund administrators and managers face client churn, investors and regulators pressure funds to operate with greater transparency and efficiency," states Frost & Sullivan Vice President, Brent Iadarola. "In this environment, FundManager.io compiles all actionable information into a single platform so funds can easily manage investor pipelines and reporting and seamlessly collaborate across areas of the organization."
Learn more about BaseVenture at www.baseventure.com
BaseVenture is a Software-as-a-Service platform that simplifies and automates the management and administration for the more than 40,000 private funds (hedge fund, private equity, real estate, and venture capital) in North America. Fund administrators and fund managers that use our "FundManager.io" platform stop worrying about their operations and have more time to focus on driving growth for their investors. Learn more at www.baseventure.com.
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants. For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector, and the investment community.
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