Investran is an integrated application suite that automates front, middle and back-office processes for private equity and alternative investment firms.
SunGard said its Investran’s integrated platform will help facilitate Park Square’s investor and partnership accounting, management and performance fee calculations as well as financial reporting, including performance reporting across all funds.
Klaus Petersen, partner at Park Square, said that the company selected SunGard’s Investran because of its reliability and robust reporting capabilities.
"It will help us gain more control over our data security and help us automate portfolio accounting processes for greater efficiency and scale as we grow our business," Petersen said.