Private Capital Boosts Productivity With Automation Of Complex Accounting Processes

Private Capital Boosts Productivity With Automation Of Complex Accounting Processes

LemonEdge Partners With GFT To Integrate Cloud-Native Private Capital Accounting Platform With Any Existing Infrastructure

NEW YORK & LONDON–(BUSINESS WIRE)–Private capital’s net asset value has grown more than sevenfold since the early 2000s—twice as fast as public equities—according to McKinsey’s Global Private Markets Review. Because of this, private capital firms need to increase productivity, efficiency and product delivery—but the demands of the market are outpacing their ability to respond using legacy infrastructure.

To address this need for increased productivity, private capital firms, along with the entire financial services industry, are expected to shift at least half of their business to the cloud over the next five years. GFT has partnered with LemonEdge to support private capital firms in this journey, which will see the seamless integration of LemonEdge’s accounting platform into private capital firms’ existing infrastructures. LemonEdge’s te

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