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The Benefits of Enhanced Reporting for Alternative Investment Firms
Data was once a scattered, meaningless figure until the development of elaborate database systems occurred and things started to get organized. Now is the era for information management instead of information collection. The 2021 Harvard Business Survey shows more than 91% of the investment firms becoming data-driven. As financial statements are useless without accurate data reporting, the importance of data management becomes more prominent.
Sedna Releases NorthStar Waterfall Automation Software for Waterfall and Incentive Fee Calculations
Sedna, a technology and software support firm, launched the NorthStar Waterfall Automation software that provides automation and transparency for waterfall and incentive fee calculations. Exclusively designed for the alternative investments industry including private equity firms, credit funds, hedge funds, fund administrators and limited partner investors, this web-based application is set to automate complex waterfall calculations and projections....