Accounting firms are adjusting their business strategies to tackle structural challenges created by staff shortages, which include growth, profitability, fee pressure and regulation. The steps being taken by firms across the industry vary and include recapitalizing their equity structure, expanding into new lines of business and embracing AI and technology. This report delves into how accounting clients are working with Convergence to support their efforts.

Convergence Solutions – We help you “do more with less” in several ways:

• Improve Efficiency - means lowering the unit costs
• Improve Fees - means increasing client profitability
• Grow Revenue - means increasing cross-selling and adding new clients
• Adding Capacity - means reducing non-billable hours for relevant staff

Learn more about our Audit industry services:

• Client Acquisition Support Services
• Client Acceptance Testing (CAT) Support Service
• Client Management Support Services
• Independence Support Services

Expert networks have become indispensable resources for investment analysts, entrepreneurs, strategy consultants, and corporate executives seeking insights to inform their investment and business decisions. Increased competition brings with it a host of challenges, including top and bottom line pressures and compliance remains a critical concern given past regulatory scrutiny and the constant need to uphold ethical standards.
The purpose of this paper is to share with you how Convergence “data as a service” helps companies deal with these pressures and helps you grow your top and bottom lines safely and efficiently.

Convergence Solutions – We help you "do more with less" in several ways:

• Business Development Support: Increase qualified leads and get alerts and surveillance
• Compliance Risk Management Support: Get adviser compliance risk profiles and expert background screening
• Expert Sourcing Efficiency & Differentiation: Identify experts with independent, verified and validated data

As asset managers continue to cope with fee pressures and increased regulatory burdens and costs, read our research to discover how outsourcing to a broader group of TPAs is redefining the competitive landscape of the TPA industry.

• Convergence View - TPA Industry
• Market Values of Equities and Fixed Income
• Publicly Traded TPA Revenue Growth
• Global UMGs Advising Global Funds
• Global Funds and Assets
• Global Private Funds and Assets
• Global UMGs Advising Global Private Funds
• New Private Funds Issued
• Private Fund TPA Switches
• Outsourcing - Private Funds
• TPA Market Share
• TPA Acquisition Volume
• TPA Operational Risk of their UMG Clients

Our quarterly reporting provides insights into investor allocations to new and existing private funds by type of fund and investing entities. The analysis includes technical analysis and a 1- and 3-year forecast for the number of funds and assets:

• Hedge Funds
• PE Funds
• VC Funds
• RE Funds
• SAF
• Hybrid Funds
• Investing Entities

Provides insights into gender parity in the asset management industry.