NEW YORK, June 12, 2017 /PRNewswire/ -- KOGER® Inc., leading financial services technology company, announced the addition of fundraising and deal flow modules to its PENTAS® platform for private equity firms. PENTAS streamlines and automates the administration of PE funds and works with all fund structures, including pure private equity funds, master feeder and fund of funds.
"With these modules, we provide private equity firms with a comprehensive platform that automates both the back and front office. The fundraising and deal flow modules are optional add-ons to our PENTAS software that we can easily turn on as clients want them," said Ras Sipko, KOGER Chief Operating Officer.
PENTAS provides PE fund managers with increased control and accuracy in tracking commitments, processing capital calls and calculating distributions. It automates the calculation of the distribution process, from return of capital and preferred return, to the distribution waterfall and carried interest split.
PENTAS is part of the product suite for the company's flagship NTAS® platform for fund administration and compliance. NTAS, which supports more than 8,000 funds with $2 trillion in assets, is a share registry system that manages fund tracking, reporting and fee calculation. It handles daily transfer agency recordkeeping, investor registration, cash management, trade processing, compliance, reporting and fee processing.
KOGER's technology is used by many of the largest funds, fund administrators and financial institutions. NTAS and its complementary products support all types of investment funds, including hedge funds, private equity, mutual funds, money market funds and pension funds.
"The PENTAS modules are part of our continuing innovation to provide asset managers with complete functionality that can scale as they need it. Our software makes complex processes easy to manage," Sipko said.
Founded in 1994, KOGER® is the provider of NTAS®, the market's leading platform for investment fund administration and compliance. More than 8,000 funds with $2 trillion in assets are administered through NTAS, which is used by the world's largest funds, fund administrators and blue-chip financial institutions. The NTAS platform encompasses a comprehensive suite of products for the investment industry, including hedge funds, private equity funds, mutual funds and pension funds. KOGER's NTAS platform provides fund administrators and financial institutions with an integrated, scalable solution that increases efficiencies and reduces costs, and can be customized to financial organizations of all sizes. KOGER is a global financial services technology company with offices in the US, UK, Europe, Asia and Australia.
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SOURCE KOGER Inc.