How AltExchange Improves Reporting Accuracy and Quality for Pallas Capital Advisors
“AltExchange has been a game-changer for us. The ability to automate and streamline our alternative investment processes has not only saved us countless hours but also significantly improved the accuracy and quality of our client reporting.” – Jack McCroken, Chief Technology Officer at Pallas Capital
About Pallas Capital Advisors
Pallas Capital Advisors is a top-ranked RIA by Forbes and the #1 Advisor to Watch per Advisor Hub.* Pallas delivers comprehensive trust and estate strategies through financial modeling, investment solutions, and continuity of coverage helping high-net-worth clients achieve financial comfort and freeing up their most precious commodity: time.
The Challenge
Pallas faced significant challenges in accurately tracking and reconciling clients’ alternative investments, which were time-consuming and prone to errors. Additionally, manual processes made it difficult for Pallas to maintain up-to-date and accurate records, impacting overall efficiency.
The Solution
Pallas chose AltExchange because of its robust platform specifically designed to streamline tracking and the reconciliation of alternative investments. The ease of integration with Pallas’ existing systems (Orion, Addepar) along with the automation technology features that reduce manual work, made AltExchange the clear choice.
Now & Looking Into the Future
AltExchange has drastically reduced the time and effort required to track and reconcile alternative investments for Pallas, improving accuracy and efficiency. The platform’s automation capabilities have also allowed Pallas to maintain up-to-date records with minimal manual intervention.
Since using AltExchange, Pallas has seen a significant reduction in errors related to alternative investments, leading to increased client satisfaction. The time saved on manual processes has also allowed the team to focus on higher-value tasks, contributing to overall productivity.
AltExchange is proud to support Pallas Capital in managing their clients’ growing portfolios of alternative investments. Let’s discuss how AltExchange can modernize alternative investments for your firm.
*Disclaimer: Forbes Top Next-Gen Best-in-State, Wealth Advisor Best-In-State, TOP Women Advisors Best-In-State, TOP RIA in America, and Best-In-State Wealth Advisors rankings are based on industry experience, client retention, assets under management, revenue trends, and compliance records; The Advisor Hub awards are based on growth, professionalism, and level of service. Awards scale from the 2021, 2022 and 2023 time periods. Neither Pallas Capital Advisors nor its advisors pay a fee in exchange for these rankings. These awards do not evaluate the quality of service provided by the Advisor to their clients, and the award is not indicative of the Advisor’s future performance.