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DBFS upgrades Asset+

12 November 2008  |  1775 views  |  0 Source: DBFS

Asset+, DBFS's leading fund of hedge fund product announced today that it has launched version three of the product across its entire client base.

The latest version of the product includes a number of improvements to the Accounting Module. Although the product has always provided a fully functioning General Ledger, version three automates many of the account functions such as entering daily accruals and automatically calculating equalization.

'Increasingly, clients are wresting greater control over fund accounting from their administrators and custodians. By incorporating these changes we enable this task to be a great deal easier for them' said James Clarke, Business Development Manager for the Asset+ workstream.

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