Commercial fund manager and syndicator will use mobile technology and the cloud to enhance visibility and investor relations
AUCKLAND, New Zealand, Feb. 11, 2016 – Commercial property fund manager and syndicator Augusta Funds Management Limited will adopt the Yardi Investment Suite™ to improve visibility for its investors and enhance investor relations.
Augusta’s initial implementation will include Yardi Investment Management™ and Yardi InvestorPlus™, which delivers back office fund accounting and investor reporting, together with front office investor relationship management. Yardi InvestorPlus™ also delivers business intelligence to smartphone and tablet devices to the company’s investor relations team, asset managers and other stakeholders via the cloud. User-defined dashboards and analytic reports generated by Yardi InvestorPlus™ will provide portfolio-wide transparency and help Augusta answer inquiries quickly.
The second phase of Augusta’s implementation will feature Yardi Investor Portal™, which will make investor statements, documents and other important information available to Augusta’s investors online and via mobile devices.
“An extensive search for an end-to-end investment management platform revealed that Yardi’s comprehensive offering was the correct choice for our organisation,” said Adrian Leach, group accountant for Augusta. “Yardi Investment Management, InvestorPlus and Investor Portal provide not only a front office CRM tool but also visibility into our back office accounting and investor reporting for our funds and syndicates.”
“We are pleased to welcome Augusta, a market leader in funds management, to our growing client base in New Zealand. We look forward to working with Adrian and the Augusta team to help them achieve their operational goals,” said Neal Gemassmer, vice president of international for Yardi®.
About Augusta Funds Management Limited
Augusta Funds Management Limited is a wholly-owned subsidiary of Augusta Capital Limited, which is listed on the NZX Main Board. Augusta Funds Management is one of New Zealand’s leading property fund managers, managing over 150 commercial properties, worth approximately $1.4 billion, on behalf of over 3,000 investors. For more information, visit www.augusta.co.nz.
About Yardi
Now in its fourth decade, Yardi® is committed to the design, development and support of software for real estate investment management and property management. With the Yardi Commercial Suite™, Yardi Residential Suite™, Yardi Investment Suite™ and Yardi Orion® Business Intelligence, the Yardi Voyager® platform is a complete real estate management solution. It includes operations, accounting and services with portfolio-wide business intelligence and platform-wide mobility. Yardi serves clients worldwide from offices in Australia, Asia, Middle East, Europe and North America. For more information, visit www.yardi.com.