Case Study: Aquilance, a multi-family office, achieves streamlined, accurate consolidated reporting and partnership accounting with FundCount

Acquired robust accounting features, advanced client support, and flexible reporting

Aquilance, a Connecticut-based multi-family office serving high-net-worth families, needed a way to produce consolidated investment reporting, prepare balance sheets, and deliver entity and partnership accounting across all asset classes and complex entity structures. They required integration of investment reporting with the general ledger, a single robust database for consistent data, and an out-of-the-box solution that could be customized to diverse client needs; Aquilance evaluated FundCount and its FundCount Sandbox during the selection process.

FundCount delivered a single-platform solution combining an integrated general ledger with investment and partnership reporting, supporting all asset types, complex capital structures and waterfalls. With FundCount (and the Sandbox trial), Aquilance streamlined multi-entity report packs, runs security-, entity- or investor-level and consolidated reports, automated previously manual processes to reduce operational risk, and records contributions/distributions more efficiently and accurately than spreadsheets—enabling faster onboarding, expanded service offerings, and in-house client implementations.

Aquilance

Patty Fitzsimmons

Vice President of Accounting