ReportQuest 4.14 Gets Certified: GreenHill’s Reporting Engine Wins Industry Stamp of Approval

In a financial world demanding precision and transparency, GreenHill Investment Reporting just notched a major milestone. Its flagship platform, ReportQuest version 4.14, has officially been certified by The Spaulding Group (TSG)—a respected gold standard in investment performance verification.

For those deep in the wealth management or institutional reporting trenches, this is no small feat. The TSG certification signals that ReportQuest has passed a rigorous, third-party audit covering everything from rate-of-return calculations to data integrity and compliance-ready output. Simply put: the numbers check out, the workflows hold up, and the interface doesn’t require a PhD to navigate.

TSG Certification: Why It Matters

TSG’s evaluation process is a kind of stress test for performance reporting systems. It goes under the hood, examining how a platform handles time- and dollar-weighted returns, risk and variance analysis, and benchmark customization. It also scrutinizes security, data flow, and reporting logic—key areas where sloppy software can break trust with clients or land firms in regulatory hot water.

ReportQuest passed on all fronts.

“GreenHill clearly takes performance measurement very seriously,” said John D. Simpson, Executive VP and Chief Verification Officer at TSG. “Their willingness to invest in an independent, objective assessment says they wanted their software scrutinized in a thorough fashion.”

In an era when regulators and clients alike demand more transparency, GreenHill’s decision to undergo certification isn’t just about bragging rights. It’s about credibility, and positioning itself in a competitive field where performance reporting platforms are proliferating—but not all are built equally.

A Platform Built for the Frontline

First launched in 2011, ReportQuest has been a quiet powerhouse for U.S.-based investment professionals, offering a browser-based interface for both interactive and production-level reports. It plays well with leading custodians and accounting systems and delivers everything from composite management to nonprofit stewardship reporting.

The latest version supports:

• Customizable time- and dollar-weighted returns
• Risk and variance analysis for compliance reviews
• Benchmark customization and model performance comparisons
• Composite reporting aligned with GIPS® standards

This isn’t drag-and-drop reporting for hobbyists. It’s built for wealth managers, institutional advisors, and nonprofits who need precision, audit-readiness, and white-labeled flexibility.

“The certification reflects our deep dedication to integrity, transparency, and continuous improvement,” said GreenHill President Bill McFadden. “ReportQuest was designed to give our clients customizable, reliable, and timely reporting solutions—and this validates that mission.”

Implications in a Crowded Market

With investment advisors under pressure to justify fees, communicate value, and meet compliance standards, performance reporting is no longer a backend task—it’s a client-facing differentiator. Platforms like Addepar, Black Diamond, and Orion dominate the market, but GreenHill’s ReportQuest is carving out space as a specialist tool focused squarely on reporting excellence.

The certification gives GreenHill a clear advantage when pitching to firms that need audit-proof reporting workflows, especially those not tied to a larger portfolio management suite.

It also raises the bar for competitors. While many platforms claim to offer GIPS®-compliant reporting or intuitive interfaces, third-party validation is rare—and often costly. GreenHill’s investment in scrutiny may set a precedent for others to follow.