Private Client Resources (PCR), a provider of total wealth data aggregation services, has partnered with AltaReturn, a provider of back and front office solutions, to automate the consolidation of information from the complex holdings of the ultra-high-net-worth (UHNW) for family offices.
Under the agreement, PCR will integrate its data aggregation capabilities with AltaReturn’s accounting and reporting services.
The integrated platform will streamline the reconciliation and reporting function for both single and multi-family offices.
PCR CEO Robert Miller said: “We are pleased to be partnering with AltaReturn to offer their clients a total wealth aggregation solution that delivers actionable data from every asset class and instrument type directly into their accounting platform.
“We very much admire AltaReturn and their differentiated approach to proactively addressing this accounting problem as well as their commitment to help clients streamline the engine of all good decision making – great data,” Miller added.
AltaReturn CEO Rey Acosta said: “By developing this integration between PCR and our own accounting and reporting solutions, AltaReturn’s SFO/MFO clients can save significant time and resources in getting the right information to the right people – quicker, easier and with less error.”