There’s a flurry of activity and new features on the way within Dynamo’s latest release for February 2023. Don’t wait to read the latest news below on what’s happening in and around Dynamo’s end-to-end alternative investments platform.
For General Partners (GPs)
Fund Accounting & Investor Services Goes Next-Level
On the heels of being recognized with the “Best Client Accounting (US)” award at The Second Annual WealthBriefing WealthTech Americas Awards 2023, Dynamo is pleased to share the enhancement around the new Dynamo Accounting solution.
For the last 18 months, Dynamo’s product and innovation teams have worked diligently to strengthen its ability to handle general ledger accounting. To support this, Dynamo has enhanced its underlying schema in order to maintain a complete chart of accounts and set of mapping definitions. This has been done in a non-disruptive way, ultimately resulting in the platform’s ability to enable users to create transactions with a familiar workflow, which can result in the production of flexible journal entries.
In order to provide the ultimate flexibility to the Dynamo Accounting engine, we’ve created a Tabular Model that connects directly to the Dynamo database via Excel. Out of the box, we’re delivering a massive set of core reporting, which focuses on both financial reporting (audited financials, audit workpapers, analytical reports, etc.) as well as complex transactions (quarterly allocations, distribution waterfalls, etc.). Each template is pre-configured out of the box to run alongside our standard COA and associated attributes. Users will have the ability to tweak these reports or even create their own reports, and save them directly to the database for others in the organization to view.
Download the New Dynamo Accounting Brochure
With 20+ years working alongside GPs and LPs in the alternative investments ecosystem, Dynamo powers the industry’s leading cloud-based GL platform. We’ve built award-winning fund accounting software that is flexible, dynamic, and accountant focused.
View the Dynamo Accounting brochure now.
NEW Dynamo Frontline Insight Report
Don’t wait any longer to download your complimentary copy today.
Surveying more than 100 GPs, read these latest findings today in Dynamo’s Frontline Insight Report. Some key findings include:
- Keep Investing, the Returns Will Follow I GPs are mindful and cautious of current market conditions, yet demonstrate confidence in their investment strategies. The majority of GPs surveyed (68%) will not further diversify their portfolios in 2023. Rather, they will remain focused on their single, highest-performing asset class.
- Cautious with Costs I The majority of GPs (88%) indicated they will not shift their firm’s management fee structure. The current economic conditions have influenced them to keep costs at bay for their LPs.
- Tech Cuts ARE NOT on the Table I Even with market fragility in play, GP technology budgets are untouchable. Nearly half (49%) of GPs indicated that over the next 12 months, their tech budget will stay the same. Another 45% said they expect budgets to increase.
For Limited Partners (LPs) & Asset Allocators
Private Asset Analytics | EARLY Access Program
Dynamo is a one-stop platform for research management, portfolio management, and analytics. By partnering with Northfield, Dynamo extends its modeling and forecasting of cash flows and fair values. See why forecasting with Dynamo + Northfield is superior.
Read more about signing up for our early access program today. Additionally, For LPs and asset allocators interested in learning more about the Dynamo | Northfield beta and early access program, please contact DynamoNF@dynamosoftware.com.
Watch our 30-minute webinar with Northfield, available now on-demand.
LAUNCHING MARCH 1ST | Mobile Mania! Introducing a Fresh Face
Dynamo is gearing up for the first release of the year, and in particular we have some big changes coming to our mobile app.
Mobile users now have a flexible homepage that can display multiple grid panels. This is ideal for showing key reminders and tasks. Bonus! Admins can further personalize the mobile display by setting a different landing page for each user group.
The updated mobile display will also feature a user’s most frequently used items front-and-center – Contacts, Deals, and anything else. Dynamo’s app learns what a users engaged with most frequently and shows it first at the top of the homepage.
iPad users will notice a roomier layout that clearly displays more information at a glance.
See the screen shot examples below to get the full flavor of these exciting new mobile enhancements.
Look for more details on all our enhancements in the Dynamo Help section after the release!
Figure 1 | New Dynamo Mobile interface on an iPhone display.
Figure 2 | New Dynamo Mobile interface on tablet display.
Figure 3 | New Dynamo Mobile landing page on tablet display.
Dynamo Frontline Insight Report
Don’t wait any longer to download your complimentary copy today.
Surveying more than 100 LPs and asset allocators, read these latest findings today in Dynamo’s Frontline Insight Report. Some key findings include:
- Alternative Investments | Informed risks with the prospect of higher returns equates to 55% of respondents indicating they will increase their ALTS allocation in 2023.
- FinTech Uplift | Tech budgets aren’t decreasing. In fact, 51% of LPs and asset allocators will increase their technology spend over the next 12 months.
- Talent War | Labor shortages and recruiting top talent go hand-in-hand with enabling the business with the right technology. Teams need to be empowered through automation, which leads to productivity acceleration and right-time decision making.
Ready to Learn More?
For Dynamo clients who would like to learn more, please contact your Client Support liaison or visit the Help area of your Dynamo interface.
If you are not a current Dynamo client, and would like to learn more, please contact us today or sign up for a demo.
