Ledgex
Ledgex Pro is comprehensive portfolio management and accounting suite designed specifically for family offices to help them with data quality & control, portfolio accounting, general ledger, performance & analytics reporting, modelling, and beneficial owner tracking.
The solution also includes knowledge data reporting with a full audit trail (a complete history of each data point from estimate to cap statement) and data confidence reporting which ultimately improves transparency into data quality and reduces or eliminates unnecessary back-office work. Additional modules include beneficial ownership (particularly for private investments), and liquidity forecasting and modelling that meet the evolving needs and sophistication of family offices.
"Our approach to building great products continues to be grounded in deeply understanding the needs and challenges of the clients we serve. We look forward to continuing to partner with our clients to build next generation products and to help support the unique needs of Family Offices."
Michael J. Maguire
Products and services
Get an overview of what this software does.
Main Tasks
- Data aggregation and management for all transactions and market values
- Review and approval of transaction and market value entries
- Tax lot processing and reporting
- General ledger processing
- Financial reporting
- Beneficial owner management and reporting
- Portfolio modeling
- Cash flow modeling
- Exposure monitoring and reporting
- Performance and analytics reporting
- Entity management
Top features
- Data aggregation and management
- Data confidence index reporting
- Side by Side ABOR vs IBOR Reporting
- Beneficial ownership
- Liquidity forecasting
- Entity management
- What-if/Portfolio modeling
- Exposure reporting
- Lookthru reporting
Assets supported
- Public funds (partnerships, offshore funds, unitized funds, mutual funds/ETFs, etc)
- Private investments (private equity, venture capital, REITs, etc)
- Any commitment-based funds
- Marketable Securities
- Trusts
- Cash and liquid assets
- Personal assets (real estate, vehicles, artwork, etc)
Whitelabel
Yes
Type of software
SaaS
Ecosystem
- Azure PaaS and IaaS
Integrations
- Data feeds
- OCR integration
- CRM integration
- 3rd party general ledger systems
- Document storage solutions
- AP/Bill pay
- Data warehouse
Mobile App
No
Type of data
- Transactional and Market Value data
- Accounting Book of Record data
- Investment Book of Record Data
- Security Master data
- Direct and Indirect Exposure Data
Accuracy
The system workflow is designed to help users review and reconcile data, approve data, and then ultimately publish data to downstream constituents for both ABOR and IBOR needs. In addition, a patent-pending feature, the Data Confidence Index, assesses the data and provides a measurable score of the quality of each data point.
Multi-currency
- Full multi-currency functionality for all asset classes and entities by Q4 2022.
- US-based clients with non-US-based holdings are supported with current functionality.
Cost structure
- Scalable modular pricing model
- Based on the number of users positions held
Average cost p.a.
- $75,000-$250,000
Category
Portfolio Management
Country
United States of America
Michael J. Maguire
Chief Revenue Officer
Key Company Information
Have a look at the company, clients, and references to learn whether this is a match for you.
Employees
11-50
Founded
2010
Ownership
Privately owned
Incorporated
- United States of America
Locations
- Waltham, Massachusetts
Avg. AUM per client
$500 million – $1 billion
Focus
- Single family offices
- Multi-family offices
Serves also
- Complex asset owners
Number
- 15
Please contact Ledgex for references
Request ReferencesSupport & services
Learn what support and services you can expect
Support options
General contact mail or phone
Dedicated contact
Pricing of support
Included
Added services
Professional services available for data conversion, data cleanup, report building and customisation
Business process review, and workflow documentation and review
Onboarding
2-3 months
Customisation
Any entity can be natively extended
Customised dashboards
Report groupings
Terminology, look and feel settings to Ledgex-built advanced reporting
Bespoke development
Yes, upon request
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