Security Properties, a Seattle based Multifamily Real Estate investment firm, has selected SunGard's Investran to help automate accounting processes and investor reporting.
SunGard's Investran is an award winning application suite that helps automate and support the entire investment lifecycle, from fundraising to portfolio monitoring and reporting. Security Properties has deployed Investran via its Software-as-a-Service* (SaaS) delivery model.
Investran's integrated platform will provide Security Properties with automated accounting processes to help reduce workload and improve accuracy. Investran will be used to store property level, performance and income information. Security Properties will utilize Investran's reporting capabilities to run exposure reports by real estate investment and various user-defined investment classifications.
Security Properties also selected Investran Data Exchange, a Web-based multi-directional portal that provides document management, reporting and workflow solutions, to help create greater efficiencies in their investor reporting process. Investran Data Exchange will provide Security Properties with a self-service portal to post performance reports and quarterly financials in a secure setting for investors to access on-demand.
Tim Overland, chief operating officer of Security Properties, said, "We selected the Investran suite for its reliability and ability to help meet investor demands. Investran will help improve accuracy and security while providing the capacity needed to grow our business."
Lauren Iaslovits, chief operating officer for SunGard's Investran business unit, said, "Security Properties joins Investran's growing customer base of private equity and alternative investment firms that are looking to streamline operations, automate processes and meet transparency requirements."