Case Study: Alter Domus achieves fast, flexible multi-standard financial consolidation with Prophix Software

Alter Domus adopts a fast and flexible consolidation process

Alter Domus, founded in 2003, is a European fund administration and fiduciary services provider with over 850 employees across four continents, specializing in consolidation and IFRS expertise for alternative investment funds, multinationals and private clients. The company needed a reliable consolidation solution that could meet shorter deadlines without sacrificing quality while handling multiple consolidation frequencies, currencies, accounting standards, languages and custom reporting requirements specific to a fiduciary business.

They implemented Prophix Financial Consolidation for its quick onboarding, flexible data interfacing and controllable deployment. The result is independent client environments with customizable parameters, the ability to offer consolidation in IFRS, LuxGAAP, USGAAP and FrenchGAAP, faster internal and external account reviews, and significant time savings alongside higher-quality, more transparent consolidated reporting.

Alter Domus