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

Will support the hedge fund's diverse investment portfolio

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Jan 09, 2018, 08:30 ET

BOSTON, Jan. 9, 2018 /PRNewswire/ -- 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 product.

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 US $75 billion rely on FundCount for accurate, timely information and flexible reporting.

FundCount provides total accounting and analytical support for all public and private investment types, with a multi-currency general ledger as its foundation.

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."

About FundCount
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 110 hedge funds, single and multi-family offices, fund administrators and private equity firms worldwide with assets totaling more than U.S. $80 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 three additional international locations. For more information, visit www.fundcount.com.

About Tanrich Asia-Pac Asset Management (Asia) Limited
Founded in 2015, TAPAM is a young and energetic asset management arm of Tanrich Group based in Hong Kong. TAPAM is licensed with SFC Hong Kong (CE# BGX 384) to provide asset management to professional investors. The investment team of TAPAM has accumulated more than 30-year experience in the asset management industry. By leveraging on the financial expertise of TAPAM's sophisticated investment team, TAPAM aim to expand and diversify Tanrich Group's business in the global markets.

Contact: Abby Friedman; Marketing Director, [email protected], 908-904-1926.

SOURCE FundCount, LLC