BOSTON, Jan. 11, 2017 /PRNewswire/ -- FundCount, LLC, a Boston-based provider of integrated investment, partnership and general ledger accounting software, today announced that Ivany Investment Group has implemented FundCount software for its ability to bring automation, efficiency and consolidated reporting to the firm.
Ivany Investment Group is a diversified Sydney-based family office focused on business management and preserving and growing capital for its investments. The office is using FundCount to support a diverse global portfolio of private equity, real estate, fixed income, alternative investments and other asset classes.
"FundCount's integrated investment management and general ledger accounting software automates our data input, monthly reporting and other labor-intensive processes," said Scott Sheedy, Chief Financial Officer, Ivany Investment Group. "The software has decreased our reliance on spreadsheets and reduced the time spent on manual tasks by more than 50%, vastly improving our level of efficiency. FundCount's flexible, consolidated reports further streamline our operations."
Alex Ivanov, CEO and founder of FundCount, said, "As investment complexity increases, the limitations of spreadsheets and difficulty of aggregating information from disparate systems become more apparent. We are pleased that Ivany Investment Group is reaping the benefits from FundCount's integrated platform. We are delighted to add the company to our growing roster of clients in the region."
FundCount offers portfolio managers, accountants and fund administrators powerful tools for investment management, partnership accounting and reporting. 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 their clients. For more information, visit www.fundcount.com.
About Ivany Investment Group
Ivany Investment Group (IIG) was established in 1999 by Peter Ivany, former chief executive of Hoyts Ltd., who is supported by a small team of investment specialists. IIG aims to preserve and grow capital through in-house risk assessment and analysis of opportunities that fit within the guidelines of the Group's diverse investment portfolio.
Abby Friedman, Marketing Director
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SOURCE FundCount LLC