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13 June 2024
India
Reporter Klea Neza

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SS&C expands fund administration business in India

SS&C has expanded its global footprint with a new office in India's Gujarat International Finance Tec-City (GIFT City). Arun Baldwa, senior director, will lead the new office.

The International Financial Services Centres Authority has licensed SS&C GlobeOp to provide fund administration and compliance services to alternative investment funds (AIFs) and other funds domiciled in the economic opportunity zone.

Bhagesh Malde, head of SS&C GlobeOp, says: “[The company] has experienced handling all operational needs for various intricate fund structures across domiciles and regulatory and tax regimes.

“An on-the-ground presence in GIFT City further cements our deep commitment to India. We look forward to working even closer with our clients as they set up funds in this exciting new epicentre of global finance and IT."

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