Private markets have pulled trillions into steadily more complex structures, yet fund accounting is still one of the least modernized parts of the back office. A-Team Insight's Data Management Insight set out why that gap opened and what it takes to close it, with LemonEdge co-founder Gareth Hewitt making the case for purpose-built technology over decades-old systems and offline spreadsheets. The piece traces how legacy platforms left the hardest processes, ownership structures, look-through, complex allocations, stranded outside the system, and why that no longer holds when investors want a single view across every vehicle they are exposed to. As Gareth Hewitt put it: “there's a huge frustration in the industry about these legacy systems, which haven't moved on for 10, 15 years.”
Read the full article in A-Team Insight: https://a-teaminsight.com/blog/lemonedge-seeks-to-fill-tech-gap-in-private-fund-accounting/?brand=ati
