Mainspring’s new reporting platform delivers additional operational efficiencies for fund managers.
We are pleased to announce the launch of Mainspring’s venture capital and private equity ‘Reporting Services 2020’. This new reporting services platform, when combined with Mainspring’s near real-time capital administration and accounting services, will provide UK mid-market fund managers with the highest levels of fund efficiency and investor services quality.
What is the role of a strong fund administration firm?
Should it only be an independent book of records for a fund, a rear-view record, or can it go beyond core accounting and administration services? Mainspring provides a more comprehensive information platform to clients that is relevant for day-to-day fund operations.
Mainspring’s service philosophy starts with providing each client with transparent access to all fund data and information. Mainspring adds value by making this available as raw data, in structured pre-formatted reports and interactive dashboards. Mainspring delivers this to clients for self-service, permissions-based access for fund finance, investor relations and investment management.
Mainspring’s latest Reporting Services 2020 package offers a number of key benefits for managers looking to optimise their operational processes and streamline the management of their funds. It allows managers to:
- Reduce administrative efforts for the investor relations team by providing LPs with access to self-service reporting, reducing inbound queries and allowing for focus on value-add activities.
- Create efficiencies for finance and operations teams in their NAV oversight, by accessing real time full trial balances and general ledger reporting in standardised data formats.
- Retain ongoing Control and Customisation. With flexible content and design, managers can control the information that investors can access and provide separate reporting suites to different internal teams.
“We are delighted to have reached this milestone for our clients. However we recognise that one size does not fit all. One of the key features is that all of this comes with completely flexible customisation, allowing each manager to tailor their LP’s experience to suit their reporting and communication style.”
Commented Stephen Doherty, Client Solutions Director at Mainspring.
“We’ve been working with the Mainspring Client Solutions team for a number of months, tailoring the investor portal to present our investors with agreed information, both in terms of content and style, that we are happy with. Across the board, Mainspring has been able to deliver our specification and we believe the new platform will provide our investors with a better user experience. We also look forward to gaining operational efficiencies from customised management reporting as we continue to grow.”
To learn more about Mainspring’s 2020 next generation reporting services, check out the datasheet.
Mainspring is a London based fund administrator for venture and private equity funds in the UK, Luxembourg, Cayman, Channel Islands and other jurisdictions.