Fund administration firm Triple Leo Consulting has selected Archway Technology, a provider of software products and services for private wealth management industries, as its preferred vendor for hedge fund accounting business.

Under the partnership, Archway will provide its ATWeb platform to Triple Leo for portfolio management, general ledger accounting, capital activity processing, investor allocations and reporting.

Triple Leo founder and CEO Mike Quinn says: “Not only is ATWeb second to none when it comes to hedge fund accounting software, but the Archway support team and knowledge base allow for creative solutions to challenging problems. We look forward to a long-term relationship with the Archway team and the solutions they support.”

Archway Technology CEO Jason Brown said: “Triple Leo’s decision to partner with Archway Technology asserts that ATWeb continues to be a leading software application for supporting the operational and reporting needs of the hedge fund industry.

“We are excited to bring Triple Leo on board and we look forward to our new partnership with their firm.”