Accounting and advisory services provider BPM has selected Allvue, an alternative investment software provider, for the technology foundation of its new fund administration business.
Allvue’s purpose-built, cloud-native platform will provide BPM with automated back-office workflows, a fully configurable investor portal, self-service reporting, as well as fund accounting with multi-currency general ledger capabilities.
According to Danuta Fitzsimmons, partner at BPM, the partnership brings together BPM’s accounting and client service expertise and Allvue’s fund accounting, investor relations, and data management capabilities to deliver transparency, accuracy, and efficiency to fund managers.
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