Through SIMPLIFY ‘s pioneering Platform as a Service (“PaaS”) model comes TKS Penny the definitive integrated solution for onshore and offshore shareholder accounting, tax preparation, private equity fund servicing and account management.
Penny® tracks stock par values and additional paid-in capital, and even handles the complexities of rounded NAVs and corporate income allocation - so all reports are consistent: from the shareholder register, to the trial balance.
Track investments by contribution
Allocate results by shareholder or share class and series
Monitor subscriptions for anti-money laundering requirements
Calculate estimated returns any time, even on a daily basis and including performance fees
Supports share equalization.Create and distribute Capital Call and Distribution Notices
Designed by seasoned industry experts, Penny® easily handles the complexities of partnership accounting for your investors. Multiple users can input data simultaneously; while the system's powerful security model lets you easily configure different rights and roles.
Track investments by contribution
Automatically allocate investment results by partner
Monitor subscriptions for anti-money laundering requirements
Calculate estimated returns any time, even on a daily basis and including performance fees
Monitor liquidity gates and forecast future potential withdrawals
