BOSTON, March 10, 2016 /PRNewswire/ -- FundCount LLC, (www.FundCount.com) a Boston-based provider of investment management, general ledger and partnership accounting software for single and multi-family offices, fund administrators, hedge funds, private equity and related investment firms; is pleased to announce that Michael Slemmer, CFA is now Chief Operating Officer of the Americas for FundCount.
With over 30 years of experience in investment technology, Slemmer joins FundCount from SS&C, where he was Director of Business Development for its performance measurement, attribution and risk products. Prior to this he was a principal at The Collaborative, an investment industry consulting firm. Slemmer was General Manager, North America and held other leadership roles at Thomson Financial – PORTIA (now ThomsonReuters) and was a key player in Thomson's investment software growth.
"We're very excited to have an experienced and successful industry pro like Mike on our team," said Alex Ivanov, CEO/founder of FundCount. "We've had solid growth in the Americas, and believe with Mike's leadership we'll achieve faster growth," he said.
"FundCount is the alternative investment industry's best-kept technology secret. It's one platform that integrates investment, G/L and partnership accounting and analysis – and with over 100 clients has a loyal and happy user base," said Slemmer. "What FundCount has lacked is strong sales and marketing. My goal is to get the word out on how great FundCount is, and significantly grow our business."
FundCount has over 100 client firms worldwide, with 80 of these in the Americas. Additional FundCount clients are in South Africa, Switzerland and Singapore. "We have well-known firms using FundCount – such as Cortland Capital Market Services, PKF O'Connor Davies and TFO Phoenix – and believe that Mike can leverage our very high client satisfaction ratings in expanding our business," said Ivanov.
FundCount offers portfolio managers, accountants and fund administrators powerful tools for investment management and partnership accounting. Investment and accounting professionals who serve institutional investors and ultra-high net worth families have relied on FundCount to help manage their operations for over 10 years. FundCount's integrated system streamlines portfolio and partnership accounting – offering higher levels of efficiency to operations and immediate and actionable information for managers and clients.
The Collaborative for Business Development Inc.
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SOURCE FundCount LLC