Dublin, April 2nd, 2025 – We are thrilled to announce that Alchelyst, a full service fund administrator across all alternative asset classes, has selected Fund Recs for our innovative reconciliation software. Alchelyst focus on delivering excellent service driven by motivated people working with the best technology available. Central to their approach is a deep-seated commitment to technology and people, and by leveraging the Fund Recs platform, they enhance operational efficiency, further strengthening their technology-first approach.
The services being provided by Fund Recs to Alchelyst include Cash Recs, Position Recs, and Transfer Agency Recs, as well as Custom Recs and Data Workflow Automation, all delivered through our fully hosted Software as a Service solution. Helping to automate these processes for Alchelyst allows them to focus on “transforming the experience for their clients and colleagues by modernising the Alternative Fund servicing industry.”
The partnership with Fund Recs is also helping Alchelyst address some of the key industry challenges they have identified – “Staff turnover”, “legacy technology”, “poor client experience”, and the limitations of a “one-size-fits-all” approach. By automating multiple manual processes, reconciliations and workflows, we are making a meaningful impact on their operations. Our customizable inputs, workflows, and outputs enable Alchelyst to meet the diverse demands of their clients with greater efficiency and precision.
Joan Kehoe, CEO at Alchelyst, shared, "Partnering with Fund Recs aligns perfectly with our commitment to leveraging best-in-class technology to transform fund servicing. Their innovative reconciliation platform enhances our operational efficiency, allowing us to focus on delivering a superior experience for our clients and colleagues. This collaboration supports our mission to modernize the alternative fund servicing industry and drive greater automation across our workflows."
Alan Meaney, CEO of Fund Recs, stated, "We’re excited to partner with Alchelyst as they continue to set new standards in fund administration. Our reconciliation platform is designed to eliminate manual processes and enhance accuracy, providing Alchelyst with the flexibility and automation they need to scale efficiently. Together, we’re addressing key industry challenges and enabling a technology-first approach to fund operations."
For more information on Alchelyst, visit https://www.alchelyst.com/
About Fund Recs
Fund Recs is the doing platform for funds. We translate complex workflows into a series of simple actions to help people manage, move, and reconcile their fund data at scale. Founded in Ireland in 2013, the clients we serve are spread across the world and our remote-first team continues to grow to help meet the challenges of doing business, meeting regulations, and scaling through people and technology.
