ZURICH, 12 February 2023 – qashqade, the technology provider for streamlining the calculation, allocation, tracking and reporting processes for private markets, are pleased to announce a new partnership with Entrilia, a leading automated fund accounting and operations platform.
The partnership and integration create an end-to-end solution, with data flowing to and from Entrilia’s fund accounting platform into qashqade for distribution waterfall calculations, via a proprietary data exchange module. The result means that Entrilia users can gain access to qashqade’s waterfall calculation technology seamlessly, improving accuracy and investor transparency.
Recent winners of the Best Fund Accounting Solution from PE Wire, Entrilia are on a rapid growth trajectory and integration with other leading solutions is a key aspect of that growth.
Yuriy Andrushchenko, Co-Founder of Entrilia said “Our latest native integration ensures that our clients can seamlessly run qashqade waterfall calculations directly within the Entrilia application, enhancing accuracy and transparency for fund accountants. With native connectors that can be easily enabled, there’s no need for custom development. This collaboration underscores our unwavering dedication to cultivating ecosystems where applications seamlessly converge, empowering users to achieve more with utmost simplicity.”
“Entrilia is a cloud native, API-first, SaaS platform that services the private markets industry, and they share our mission to increase efficiency through smart automation. This partnership and integration only serve to benefit our respective clients and make life easier for all our users.” added Oliver Freigang, CEO & Co-Founder at qashqade.
About Entrilia
Recently launched by two industry veterans, Yuriy Andrushchenko and Eric Faw, to rebuild the private market tech stack in an open and collaborative way. Entrilia is helping firms find their ‘Greater Sum’ by taking an API-first development approach to its platform, ensuring digital cohesion and empowering multi-party workspaces.
About qashqade
Founded in 2018, qashqade provides private market organizations an enterprise product suite for streamlining their calculation, allocation, tracking and reporting processes. Built by private markets experts, for private markets experts, the qashqade platform offers a flexible, modular based solution for fund managers, fund administrators and investors alike, and is asset-class agnostic.
Headquartered in Zurich, qashqade also has offices in New York, London, and Budapest. Visit qashqade.com for more info.
