Cascata

4Pines and Cascata Solutions Raising the Bar with Digital Waterfall Services

Retrieved on: 
Wednesday, November 1, 2023
Consultant, Cascata, Cascata del Serpente, Environment, Disclosure, Accounting, Partnership, Microsoft Excel, Fund administration, Cryptocurrency, Risk management

NEW YORK, Nov. 1, 2023 /PRNewswire-PRWeb/ -- Fund Administration is historically reactive because of ad hoc and disconnected solutions leaving fund managers exposed and unaware of operating risk from important yet time-consuming administration tasks such as distribution waterfall – the accounting and disclosure of carried interest. The industry fund accounting operating standard is more often manual and Excel-based with limited system and data integration, resulting in inefficiencies, increased operating costs and regulatory scrutiny.

Key Points: 
  • 4Pines Fund Services ( www.4pinesfs.com ), the leading alternative investment fund administrator, and Cascata Solutions ( www.cascata-solutions.com ), the leading automated waterfall fund administration software provider, are pleased to announce a strategic partnership that will deliver a modern, digital experience for back-office carried interest, management fee and expense accounting and administration for 4Pines' clients spanning private equity, private credit, real estate, hedge funds and hybrid funds.
  • The industry fund accounting operating standard is more often manual and Excel-based with limited system and data integration, resulting in inefficiencies, increased operating costs and regulatory scrutiny.
  • "We are privileged to work with a growing community of fund administrators like 4Pines that are taking a leadership position to deliver digital-enabled waterfall services leveraging the Cascata platform.
  • This coupled with our market momentum with clients and strategic partners is what sets us apart", says Charles Dooley, Cascata CEO.

Socium Fund Services, a Suntera Global Company, Bolsters its Back-Office Technology with Cascata Solutions

Retrieved on: 
Friday, October 13, 2023
Partnership, Nealcidion socium, Cascata, Microsoft Excel, Cryptocurrency

NEW YORK, Oct. 13, 2023 /PRNewswire-PRWeb/ -- Due to their complexity and importance, accurate and timely waterfall calculations are critical but carry significant risk responsibility for fund administrators. The SEC's recent implementation of "private fund rules" has introduced unprecedented regulatory demands regarding the content and frequency of investor reporting, backed by penalties for non-compliance. In this context, ensuring the accuracy of the waterfall distribution process is crucial for establishing and maintaining trusted, long-term client relationships.

Key Points: 
  • Socium Fund Services, a Suntera Global company specializing in private equity, private credit, real estate, and venture capital fund administration, has partnered strategically with Cascata Solutions, the leading provider of automated waterfall distribution software.
  • Together, they aim to deliver carried interest, management fee, and expense accounting services for Socium's private fund clients.
  • NEW YORK, Oct. 13, 2023 /PRNewswire-PRWeb/ -- Due to their complexity and importance, accurate and timely waterfall calculations are critical but carry significant risk responsibility for fund administrators.
  • Charles Dooley, Cascata CEO, added, "Leading global fund administrators like Socium are leveraging our platform to achieve digital-enabled carried interest and fee management.

ZEDRA partners with Cascata Solutions to deliver Smart Waterfall Automation

Retrieved on: 
Wednesday, October 11, 2023
Partnership, Automation, Cascata, Corporate services, Pension, Incentive, Financial adviser, Microsoft Excel

NEW YORK, Oct. 11, 2023 /PRNewswire-PRWeb/ -- The partnership highlights ZEDRA's leadership position to deliver greater client value through "smart waterfall automation" leveraging the Cascata Platform for carried interest and fee administration to their private equity, private credit, venture capital and real estate clients.

Key Points: 
  • Cascata Solutions, the leading digital waterfall fund administration software provider, is pleased to announce a strategic partnership with ZEDRA, an industry recognized provider of Global Expansion and Corporate Services, Active Wealth, Pensions & Incentives, and Fund Solutions.
  • NEW YORK, Oct. 11, 2023 /PRNewswire-PRWeb/ -- The partnership highlights ZEDRA's leadership position to deliver greater client value through "smart waterfall automation" leveraging the Cascata Platform for carried interest and fee administration to their private equity, private credit, venture capital and real estate clients.
  • "Our partnership with Cascata marks another major milestone in our global fund solutions expansion and delivery of tailored, value-add services leveraging our multi-disciplinary expertise and smart automation for our alternative investment manager clients", says Maarten Robberts, ZEDRA Managing Director.
  • "Cascata has solved the shortcomings of other waterfall vendor solutions and delivers the most crucial functionality for fund accountants' production operation and 100% self-administration.

Cascata Solutions Adds Advanced AI to its Automated Waterfall Management Platform

Retrieved on: 
Wednesday, July 14, 2021
Cascata, Asset management, Waterfall model

This partnership highlights Cascata Solutions' continued commitment to innovation and further expands our leading automated waterfall and fee management platform for alternative asset investors, asset managers, and fund administrators.

Key Points: 
  • This partnership highlights Cascata Solutions' continued commitment to innovation and further expands our leading automated waterfall and fee management platform for alternative asset investors, asset managers, and fund administrators.
  • Using Claira's advanced AI and data science technology, Cascata has further enhanced its proven data sourcing and system commissioning methodology.
  • Claira turns the pertinent legal documents into data for Cascata to construct and provision all necessary waterfall models.
  • Contact us to learn more about the Cascata and Claira partnership and how Cascata's PE Suite Solution provides an end-to-end platform to automate the administration of primary and shadow private capital waterfall and fee management.