Case Study: an alternative asset manager achieves faster, more transparent fund reporting with Workiva

Alternative Asset Manager streamlines 40+ fund reports with Workiva

An alternative asset manager faced significant challenges in its private fund reporting, including disconnected documents, version control issues, and a lack of visibility into data when producing over 40 sets of financial statements and reports each quarter. To address these inefficiencies, the firm turned to the Workiva platform, a cloud solution for connected reporting and compliance.

By implementing Workiva, the asset manager connected its contributors and three fund administrators in a single platform. The solution enabled linked data from a single source to multiple reports, automated tie-outs and validations, and provided tools for transparent reviews. The results included major time savings, assured accuracy and consistency, and the scalability to launch new funds without adding staff, fundamentally modernizing their reporting process.