Dublin, 23rd June 2021 - Fund Recs today announced that Evenlode Investment Management, the UK based Investment Manager, has gone live on Fund Recs Velocity platform to automate position reconciliations.
Velocity is a set of cloud-based software modules that helps investment managers, global fund administrators and auditors to achieve straight through reconciliations and data processing in their middle and back offices.
Nicole Harrington, Chief Operating Officer at Evenlode said “We are excited to have selected Fund Recs for the automation of our position reconciliation process. As Evenlode continues to grow, the elimination of manual processes is a priority. We not only achieved the level automation we expected but the Fund Recs implementation was seamless, and we were fully live on the application in a matter of weeks.”
Fund Recs CEO, Alan Meaney, said: “It is a pleasure to have the opportunity to partner with Nicole and the Evenlode team. Our commitment to deliver a truly automated reconciliation process fits with Evenlode’s focus on delivering operational efficiencies. We are excited to support Evenlode in their continued growth and success.”
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.
About Evenlode
Evenlode Investment Management is a wealth management firm based in Chipping Norton, United Kingdom. Established in 2016, the firm takes a long-term, business-perspective approach to investments. Find out more at: www.evenlodeinvestment.com
