UMB Fund Services (UMBFS) has launched a mobile app for its proprietary alternative investment fund accounting and investor servicing technology called UMB Fund Services FastPro.
The app, which is live on Android and Apple iOS operating systems, allows clients to view historical data and reports, investor demographics and fund performance information at anytime, anywhere an internet connection is available. The FastPro platform had previously only been available via web browser.
“Technology is changing the way our clients operate, and in response, we’ve taken our award-winning reporting solution and given it mobile capabilities,” said Chad Allen, managing director of alternative investments at UMB Fund Services. “The industry is demanding real-time data now, and we must have a solution ready that provides the information clients need from any device.”
The mobile app was built to satisfy the unique needs of hedge fund and private equity fund managers and the complex product structures they manage. This powerful and customizable reporting solution is now available to asset managers on their mobile devices and includes:
• On-demand report generation;
• Investor demographics, transactions and reports;
• Fund performance and indices information; and
• Secure document download
Private equity and fund-of-funds managers can even drill down to view underlying fund portfolio company data. The app is also available to fund investors, who need to access historical investor statements, K-1 tax reports and audit information.
“The deployment of the FastPro mobile app is just one of several areas we are tackling in terms of technology development,” says Tony Fischer (pictured), president of UMB Fund Services. “We are fully committed to listening to our customers’ feedback and needs and responding to deliver the best client service possible.”
