As I have learned many times over through various endeavors building accounting systems, it takes time to harden a financial product in the fires of real-world usage, across multiple clients with diverse needs. This experience is what turns a good solution for a single fund into a great solution for an entire industry.

Through our clients, we get real life experience in the operational and accounting variations of multi-manager-funds and incorporate these insights into the product. This is what hones one of Cogency’s strongest attributes: an accurate, flexible and intuitive model of the multi-manager business.

Over the past six months, we, at Cogency, have been engaged in many new projects at some of the world’s most prestigious funds of funds and fund administrators, bringing our process and the implicit structure of our product to the fluidity of living and breathing fund entities. Our implementation consultants have helped map the funds’ information into our model, and in each engagement, we learn more about the variations within this industry, even in this area of portfolio tracking and accounting that might seem to be the most codified.

Our accelerating client and employee growth is largely due to the success of these projects and the value that they in turn bring back to our evolving product