Are Private Equity Firms Ready for DORA Compliance?
Key Takeaways: Enhanced Risk Management: DORA mandates thorough vendor risk assessments. Increased Accountability: Firms must ensure vendors adhere to regulatory standards....
daappa, a leading provider of investment, administration, and accounting software, for private assets is pleased to announce a significant upgrade to its Studio+ solution with new tools that are missing or lacking in features from current technology stacks.
Targeting private asset fund operators, daappa Studio+ delivers advanced data aggregation, visualisation, oversight, validation, and reporting capabilities, streamlining operations, and enhancing productivity in private asset fund administration, oversight, and client reporting.
Developed in conjunction with its diverse private asset client base, daappa Studio+ offers innovative features tailored to meet the ever-increasing and varying demands of investors, regulators and the industry as a whole.
The evolution of daappa Studio+ decouples daappa Core as the only transaction and accounting data source. New data management capabilities include a data plugin for investment and administration firms to utilise existing their private asset data sets to fuel Studio+, thus enabling them access to a private asset-specific Business intelligence (BI) dashboard and reporting tool, plus a validation engine which can sit on top of their enterprise systems.
A key advantage of daappa Studio+ is the ability to drill down to the underlying record level. This functionality offers an unparalleled level of detail, empowering users to access and analyse their data with greater precision and accuracy.
Karim Ali, the CEO of daappa, said, "Our team is excited to offer daappa Studio+ to the broader investment and administration industry. Our solution simplifies the management of intricate private asset data sets through user empowerment and efficiency. With its open architecture data management capabilities, daappa Studio+ seamlessly integrates with existing accounting and data systems, providing a comprehensive solution for managing private asset data.
daappa Studio+ has been designed to complement and extend the shelf life of embedded accounting systems struggling to keep pace with the rapidly evolving regulatory, reporting, and investor requirements within the private asset industry.”
daappa Studio+ is the next-generation solution for investment and administration firms looking to stay ahead in the ever-changing private asset administration industry. With its robust capabilities and innovative features, daappa Studio+ is poised to redefine the way firms manage their private asset data and cater to the evolving needs of their clients.
"Our team is excited to offer daappa Studio+ to the broader investment and administration industry. Our solution simplifies the management of intricate private asset data sets through user empowerment and efficiency. With its open architecture data management capabilities, daappa Studio+ seamlessly integrates with existing accounting and data systems, providing a comprehensive solution for managing private asset data.
daappa Studio+ has been designed to complement and extend the shelf life of embedded accounting systems struggling to keep pace with the rapidly evolving regulatory, reporting, and investor requirements within the private asset industry.”
daappa Studio+ is the next-generation solution for investment and administration firms looking to stay ahead in the ever-changing private asset administration industry. With its robust capabilities and innovative features, daappa Studio+ is poised to redefine the way firms manage their private asset data and cater to the evolving needs of their clients.
daappa is a leading fintech company that provides innovative data, accounting, and administration solutions to the private asset industry.
Our integrated software platform is purpose-built to help asset owners, asset managers, general partners and service providers to streamline their investor and asset servicing operations and enable them to make data-driven decisions.
At daappa, we are committed to driving industry-wide innovation and we are trusted by our clients to help them stay ahead of regulatory and operational change. Our agile team cares deeply about what we build and deliver to help our clients minimise their risks and maximise their opportunities.
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UK & Ireland:
Nicholas Wright (Head of Business Development – UK & Ireland)
Email: nicholas.wright@daappa.com
Mainland Europe:
Renato Moreschi (Head of Business Development - EMEA)
Email: renato.moreschi@daappa.com
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