- Fund reporting tools designed specifically for partnerships
- Jurisdiction neutral
- Adaptable to the requirements of investing clients
- Fully integrated into Truss Edge Safari portfolio management system
Hedge fund technology platform Truss Edge has now added partnership accounting to its range of sophisticated reporting tools, part of a package that integrates and automates hedge fund management operations.
Partnership tax reporting has been developed to assist fund managers with the reporting demands onshore partners structures require. The feature has been developed in coordination with hedge fund managers and can be adapted to the needs of any manager operating an onshore partnership structure, in the US or elsewhere.
Investor-by-investor reporting
Truss Edge’s proprietary Safari technology can now provide granular investor-by-investor reporting and can be adapted to the needs of different structures. This provides the ability to segregate P&L and characterise individual elements of taxable and non-taxable income from the fund.
“The addition of this feature removes the need to run a separate accounting system alongside your core portfolio management activity,” said Dave Shastri, CEO of Truss Edge. “We now provide our clients with full visibility and reporting on the partnership tax flow-through. For firms which don’t have an efficient tax reporting system in place, this can provide a much more integrated solution, saving time and streamlining workflow.”
Raj Shah, CEO of fund manager Meridian Partners LLP, which is already using this feature, also commented:
“We have found the new partner reporting feature in Safari to be a very valuable addition. Automating our investor statements and partnership reporting requirements has significantly streamlined our workflow, reduced manual effort, and improved the accuracy and timeliness of our communications. This integrated solution allows us to focus more on managing investments and less on administration.”
High level of flexibility
The Truss Edge partnership accounting features are highly flexible and can be adapted to the needs of specific firms and investors.
The Truss Edge team consists of highly experienced financial technology and securities professionals with long track records in the hedge funds sector and who work closely with our clients to ensure they maximise the reporting capabilities Safari offers.
