LGL selects Allvue

LGL Group has adopted Allvue Systems to digitise its fund administration business.

LGL’s clients will now have access to Allvue’s fund accounting solution and its investor portal.

Allvue’s fund accounting solution combines financial statement reporting, a multi-currency general ledger, cash management, waterfall capabilities and workflow standardisation, via one cloud platform. Its investor portal provides LPs with dashboards, which enable secure file sharing, as well as tools to update their information within the system.

“As we focus on growing our alternatives business, we need a partner with a comprehensive and reputable system to help us provide a best in class solution for our clients,” said Zena Couppey, CEO of LGL.