Workiva and FD Fund Administration Announce Strategic Relationship to Modernize Finance and Compliance Processes
Leading Fund Administrator to Offer Wdesk Platform to Private Equity and Real Estate Firms
Workiva (NYSE:WK), a leading provider of solutions for enterprise productivity, and FD Fund Administration, a leading private equity fund administrator and part of Frazier & Deeter, a nationally recognized CPA and advisory firm, jointly announced today a strategic relationship to help private equity and real estate firms modernize their funds’ financial reporting and compliance processes.
“Workiva and its Wdesk platform help thousands of companies around the world streamline business reporting, compliance and data management,“ said Tom DiEgidio, Partner and Private Equity Practice Leader of FD Fund Administration. “As a leading fund administrator, our private equity and real estate fund clients look to us to identify and deploy the most effective technologies to help establish controls and drive efficiency and effectiveness in their organizations. Wdesk is an ideal solution to address the high-level reporting and compliance needs of the evolving private equity industry.”
“Workiva is proud to partner with FD Fund Administration and to support the technology needs of the private equity industry,” said Matt Rizai, Chairman and CEO of Workiva. “Through our relationship with FD Fund Administration, private equity and real estate funds will be able to leverage our Wdesk platform, which will provide greater controls around collaboration, improve financial accuracy, increase data transparency and mitigate risk.”
FD Fund Administration is a subsidiary of Frazier & Deeter, a nationally ranked CPA firm and the first advisory firm to be “Wdesk Partner Certified,” which signifies the firm’s deep knowledge of the Wdesk platform. “Workiva is a highly capable, innovative partner that listens to our input as it relates to the unique needs of the private equity industry,” said DiEgidio. “We are pleased to deploy the Wdesk platform, and we expect to continue the innovation process with Workiva to benefit our clients.”
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