Mainstream Fund Services, a global provider of full-service fund administration, and part of Mainstream Group Holdings Limited (ASX:MAI) (Mainstream), has selected Harmonate to provide private capital data operations.
Harmonate is partnering with Mainstream to consolidate its automation of document and data processing and intelligence. The relationship encompasses both the range of documents and reporting automated, and the comprehensiveness of each workflow.
“Mainstream is one of the first global fund services firms to recognise and respond to private capital leaders’ expectations for software development-style speed and agility in their operations,” says Harmonate CEO Kevin Walkup. “The implementation of more nimble and controlled operations has been a revelation that’s spreading. Harmonate shares Mainstream’s detail-oriented obsession and drive to expand the range of data that is automated, and the quality of that automation in each workflow.”
“Mainstream exemplifies a new high performance fund services model,” says James Wheatley of Mainstream Fund Services. “We are helping answer demand for a single source solution for agile and complete global financial services. Our engagement with Harmonate is part of our commitment to select the best in breed from each category of technology, collectively assembling the digital foundations making a fund administration renaissance possible.”
Harmonate’s Conductor offers data and operations intelligence, allowing private capital middle and back-offices to step up from analogue static task flows to digital streaming performance.
Finance teams now furnish front offices with more and better options for sourcing and deploying capital, supporting an expanded role for private capital in the new economy.
