Published by Wanda Rich
Posted on June 7, 2022
3 min readLast updated: February 6, 2026
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Enables easy, accurate, cost-efficient tracking of investment relationships and ownership percentages; Extends company’s market-leading innovation for purpose-built family office technology
Enables easy, accurate, cost-efficient tracking of investment relationships and ownership percentages; Extends company’s market-leading innovation for purpose-built family office technology
WALTHAM, Mass.; June 2, 2022 – Ledgex today announced the addition of powerful capabilities to Ledgex Pro, the multi-asset class portfolio accounting solution built by investment pros for family offices, foundations, endowments and multi-strategy managers. With its new Beneficial Ownership Module, Ledgex continues its market-leading innovation by enabling family offices to easily, accurately and cost-efficiently track relationships, beneficiaries and investors, as well as calculate individual ownership percentages for each.
“While the needs of family offices have grown dramatically over the past decade, most technology vendors have failed to keep pace, so their solutions are outdated and very limiting,” said Nicole Eberhardt, chief strategy officer at Ledgex. “We continually enhance our platform, and this module is a great example of that. We have merged partnership accounting with innovative technology that is purpose-built for family offices. As a result, not only can we deliver greater savings and performance, we empower family offices to do more with less, drive asset growth and create a path for the future.”
The new Ledgex Beneficial Ownership Module provides customers with the ability to track entity relationships, beneficiaries and investors of portfolios, entities and accounts. It also dynamically calculates ownership percentages within each relationship. With this feature, users can see family member financial statements, along with all direct and indirect holdings, using robust look-thru reporting. The following offers additional details on a few of the capabilities and resulting benefits:
Ledgex Pro is the most comprehensive offering available for alternative investment organizations to manage diverse portfolios from front to back. The platform brings accounting and investment books of records together (ABOR and IBOR) in a single solution, greatly streamlining workflows as teams only need to capture and reconcile data once to begin unearthing powerful new insights.
Ledgex Pro provides the ability to see and manage data across multiple views. Further, it features a Confidence Index with advanced algorithms that assess a level of confidence to underlying data. This presents critical portfolio details in a whole new light, eliminating countless hours operations teams spend proving data quality, while allowing them to focus on unlocking data insights for stronger performance.
The Beneficial Ownership Module is exclusive to Ledgex Pro customers and available now. For more information, please visit www.ledgex.com.
Beneficial ownership refers to the ultimate ownership of an asset or investment, where the owner may not be the registered owner. It is crucial for transparency in financial transactions.
A family office is a private wealth management advisory firm that serves ultra-high-net-worth individuals or families, providing a range of services including investment management and financial planning.
Automated calculation in finance refers to the use of software to perform financial computations automatically, reducing manual errors and saving time in processes like ownership percentage calculations.
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