Case Study: New York-Based Hedge Fund achieves streamlined operations and greater accounting control with FundCount

New York Based Hedge Fund Company - Customer Case Study

New York Based Hedge Fund Company, a New York City–based hedge fund trading through multiple brokers and using shareholder allocations and master‑feeder structures, needed a cost‑effective, integrated shareholder accounting and general ledger system to shadow their external fund administrator daily. The firm was relying on manual processes and spreadsheets and, after evaluating vendors, selected FundCount’s integrated accounting and reporting software.

FundCount implemented its integrated accounting and reporting solution to maintain the general ledger and shareholder allocations, provide direct feeds from custodians and the portfolio management system for cash and market‑value reconciliation, and build a custom control module for management‑fee calculation. The deployment increased efficiency, reduced manual‑entry errors, enabled independent validation by identifying discrepancies with the administrator, and delivered timelier, more reliable reporting — benefits the firm explicitly credited to FundCount.