Ultimus and Cascata Join Forces to Transform Waterfall Calculations with uWaterfall™

Ultimus LeverPoint Private Fund Solutions (Ultimus), a leading independent provider of comprehensive fund administration, accounting, and investor solutions, is pleased to announce its strategic partnership with Cascata Solutions, the industry leader in automated distribution waterfall and management solutions. Together, they are launching uWaterfall™, a cutting-edge platform “powered by Cascata”.

This collaboration combines Ultimus’ deep expertise in fund administration, data management, and advanced technology with Cascata’s innovative software, offering a fully integrated, digital-enabled service suite. uWaterfall™ elevates carried interest and fee management through seamless data transfer, automated high-precision waterfall calculations, and full-formula transparency. The partnership is set to deliver unparalleled accuracy, efficiency, service quality, data integrity and insights for alternative asset clients’ waterfall calculations, scenario modeling, and employee/partner carry compensation reporting.

“We are thrilled to partner with Cascata,” said Jason Stevens, CTO of Ultimus. “Their advanced digital waterfall capabilities perfectly complement our robust fund administration services. With uWaterfall™, our clients gain instant access to the most comprehensive, accurate, and transparent financial data, empowering better investment decisions. Additionally, new clients will benefit from uWaterfall’s rapid onboarding and digital service delivery advantages.”

Chuck Dooley, CEO & Co-Founder of Cascata, echoed these sentiments: “Our partnership with Ultimus LeverPoint underscores our leadership in delivering top-tier digital waterfall solutions solving the most crucial functionality for fund accountants’ production operation. By integrating our technology, Ultimus professionals are uniquely poised to offer a fully systematic, standardized, and transparent client experience, from onboarding to ongoing carry reporting.”

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