Too Long; Didn't Read
Expense allocation and apportionment is important for hedge funds, private equity funds and banks. The SEC listed expense allocation as a compliance exam priority for private advisers in February 2018. Resolvr and Bilr are an integrated (but modular) dual-solution to address the problems of both digital invoicing and expense allocation. Bilr works with a similar ethos of removing spreadsheets and improving interoperability. With $28B+ of AUM on the platform, we're confident we can handle expenses for funds big and small.