Bonaire Unveils Mutual Fund Reconciliation Solution

calculator

Bonaire Software Solutions has added a calculator, data store and control system geared at automating the mutual fund industry. The functionality is an add-on to Bonaire's flagship REVPORT solution.

Bonaire CEO Chris John tells Buy-Side Technology that contracts associated between a fund manager and a distributor are becoming increasingly complex. What his company has typically seen is that these calculations are done through a spreadsheet, and that the invoice reconciliation process is highly m

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