In a transformative move, Cascata Solutions, a notable name in automated waterfall distribution software, has partnered with Socium Fund Services, a specialist in private equity and fund administration, as per a recent press release.
This strategic collaboration is poised to reshape the landscape of financial services. It’s all about elevating the accuracy and efficiency of carried interest, management fees, and expense accounting services for private fund clients.
Waterfall calculations, fundamental to the world of fund administration, have recently encountered increased regulatory scrutiny with the SEC’s “private fund rules.” Socium acknowledges the critical role these calculations play in building and maintaining trusted client relationships while ensuring regulatory compliance.
Read Full Article Click Here.
Cascata Solutions is dedicated to delivering advanced digital cloud solutions for private equity, asset managers and fund administrators to modernize their back office operation for distribution waterfall administration and more.
The founding team brings 30+ years of experience delivering technology and business transformation programs for leading financial services institutions and aims to replicate its success to help the private equity market redefine its operating model and create competitive advantage amid market uncertainty, increased competition and investor and regulatory scrutiny.
99 Wall Street
New York, NY 10005
Phone: (212) 355-4628
Toll Free: (800) 665-2816
© 2021 Cascata Solutions All rights reserved.