With Seamless 2020 we are looking to change the industry. Legacy systems will no longer be able to compete.
DOWNERS GROVE, Ill. (PRWEB) July 30, 2019
Sudrania Fund Services released a significantly upgraded version of its flagship technology platform, Seamless Solution. The new version is named ‘Seamless 2020’. This new version is our vision 2020 for the investment backoffice solutions for hedge funds, commodity pools, private equity funds, family offices, and other buy-side managers.
“Seamless 2020 is our futuristic vision for accounting, reporting, and administration operations for the investment managers. We are excited to present the upgraded version to the industry. We have upgraded the user interface and experience on one hand, while we have also added massive computing capabilities to the infrastructure. We have added distributed server computing along with many other upgrades to our server architecture enabling us to process a significantly large volume of transactions in no time. Seamless is used as a web-based application, and we have developed it to be more capable than a desktop application” said Manish Agrawal, Managing Director of Product Development for Sudrania Fund Services.
Sudrania also released its brand-new investor portal SIO (Seamless Investor Online) that enables daily and reporting directly to the investors online. SIO is immediately available to all of Sudrania's clients and their investors. SIO also is available for the reporting to the SMA clients of RIAs, CTAs, or other investment managers.
"We are committed to our continuous investment in technology. Building scalable technology from both the infrastructure and utility point of view is how we differentiate ourselves from our peers. While Seamless 1.0 was very capable and already ahead of its time, with Seamless 2020 we are looking to change the industry. Legacy systems will no longer be able to compete," said Nilesh Sudrania, Founder & CEO of the Sudrania Fund Services. "Investment Managers need more technology to reduce the cost and upgrade the timing and reporting experience for the investors. Investment Managers who care to boost their performance are tech savvy and they demand more for their investors. Our team is making this available for them and we will continue to improve our product every day."
About Seamless 2020
Seamless 2020 is Sudrania’s multi-asset-class, multi-currency, scalable platform for SMAs, Single Manager Hedge Funds, Multi-manager Funds, Commodity Pools, CTAs, RIAs, Family Offices, Reg A+ funds, and Private Equity funds. It is a single database of the portfolio, fund, and investor accounting and reporting and is capable of unlimited combinations and rules for waterfall calculations, fund accounting configuration, automated fees/expense accruals, daily NAV calculation, and enhanced reporting for performance attribution, VaR reporting, and portfolio analytics.
About Sudrania Fund Services
Sudrania was founded in 2016 in Chicago, IL and developed Seamless Solution redefining back-office operations and reporting for investment managers and offers a new technology alternative to legacy solutions for buy-side managers. Sudrania offers fund administration services to its clients globally from its offices in the USA, India, and Hong Kong. Sudrania also makes its technology solutions available to other fund administrators and service providers.
Sudrania’s offices are located at 633 Rogers St, Suite 106, Downers Grove, IL 60515. For more information, please visit Sudrania’s website at sudrania.com.
Sudrania Fund Services is registered with the SEC as a transfer agent and its fund administration service operations are SOC 1 (Type II) and the technology platform, including Seamless 2020 are SOC 2 (Type II) audited.