Real Estate
Eton Solutions Unveils AI-Driven Fund Accounting Platform for Private Equity and Real Estate Firms
Eton Solutions, a trailblazer in comprehensive wealth management ERP systems, has launched a cutting-edge Fund Accounting Platform and Services suite tailored for Private Equity (PE), Real Estate (RE), and Fund of Funds (FOF) firms. Powered by its AI-enabled EtonGPT™ tool, this platform aims to enhance transparency, streamline operations, and deliver real-time reporting for General Partners (GPs) and end investors globally.
The announcement was made during an event in GIFT City, a burgeoning hub for financial innovation.
Revolutionizing Fund Management with AtlasFive®
At the heart of this innovation is the AtlasFive® platform, a cloud-native ERP solution designed to address the complexities of fund accounting and management. Key features include:
- AI-Driven Automation: Utilizing EtonGPT™, AtlasFive® automates processes for over 250 document types, such as capital calls and distribution notices, achieving a 2X to 4X boost in operational efficiency.
- Integrated Functionalities: Offers portfolio management, GL accounting, tax ledger, and risk management under a single unified platform.
- Real-Time Client Reporting: Enhances decision-making with AI-enabled cash and treasury management, coupled with robust compliance and security controls.
- Scalability for High-Growth Markets: Purpose-built for hubs like GIFT City, enabling seamless scaling while maintaining adherence to strict regulatory standards.
Driving Global Impact with AI-Powered Tools
Eton Solutions currently manages over $936 billion in Assets Under Management (AUM) through its AtlasFive® platform, serving 1,918 funds globally. Its Fund Administration services cater to 550 funds, with a combined AUM of $27 billion.
Satyen Patel, Executive Chairman of Eton Solutions, emphasized the importance of innovation in high-growth markets like India, stating:
"AtlasFive® empowers firms to manage complex fund accounting with speed and precision, automating routine tasks and ensuring compliance. This transformation is critical for scaling operations in markets like GIFT City."
Bryan Henning, SVP and Head of International, added:
"AtlasFive® has evolved to support family offices transitioning into GPs, bringing much-needed operational efficiencies and enhanced client reporting to private equity and real estate firms."
Strategic Focus on India
India remains a key growth market for Eton Solutions. With a strong investment pipeline highlighted by recent reports, the launch of this platform solidifies Eton’s commitment to empowering firms in the region to scale and thrive.