International Administration Group Limited (IAG), a fund administration specialist focused on private equity, real estate, alternative assets and listed corporate structures, has selected SunGard's Investran to support its expansion into China and help it manage increased investment volumes more efficiently.
Investran is an award winning application suite that supports the entire investment lifecycle, from fundraising to portfolio monitoring and reporting, by automating front-, middle- and back-office processes and providing real-time, end-to-end solution for private equity and alternative investment firms.
Investran's functionality helps IAG monitor current investments, manage investor allocations, and automate the accounting workflow with increased transparency for both managers and their investors. A single application suite helps improve accounting capabilities, automates reporting, and delivers specialist performance analysis including dynamic investment rate of return. Investran's scalable platform and flexibility will help IAG take on more complex investment strategies and increased volumes, helping clients and their investors receive broad, accurate and timely reporting aligned specifically to their needs.
Julian Carey, managing director at IAG Private Equity Asia, said, "When evaluating solutions we needed a robust platform that would help IAG take on funds that have greater complexity without compromising security and audit controls. Investran will help us take on both onshore and offshore structures investing in China, making us a one-stop shop for global clients."
Claire Chang, manager of private equity at IAG, commented, "As data volumes continue to grow, the need for transparent reporting will only increase. Investran provides us with automated controls that help us generate reports in seconds. We feel it is the only solution that can adequately help us serve our general partners and underlying investors."
Lauren Iaslovits, chief operating officer for SunGard's Investran business unit, said, "IAG joins a growing number of private equity fund administrators and alternative investment firms that are raising their service levels to meet increased demand for transparency. Investran will help keep IAG well positioned as the dee demand for fast, accurate and flexible reporting continues to grow."