Socium Fund Services, a Suntera Global Company, Bolsters its Back-Office Technology with Cascata Solutions
Summary
"Our collaboration with Cascata positions us to provide a comprehensive digital client experience, surpassing conventional Excel-based approaches and yielding substantial enhancements in operational efficiency and service quality," said Michael Von Bevern, Socium Co-Managing Director of the Americas. Tweet this Charles Dooley, Cascata CEO, added, "Leading global fund administrators like Socium are leveraging our platform to achieve digital-enabled carried interest and fee management. Socium leverages a scalable and flexible technology stack to provide straight-through-processing for all asset types their clients may invest in. With a US-Based service team that delivers technical accounting expertise, Socium is well-positioned to help their clients grow through a true partnership model. The leadership team brings 30+ years of experience and has deep knowledge and understanding of private equity fund accounting and all the nuances with the varying investment vehicles and waterfall arrangements.