IQ-EQ to offer middle office services in Europe and UK
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IQ-EQ to offer middle office services in Europe and UK 13 February 2025UK Reporter: Jack McRae
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IQ-EQ has launched middle office services in Europe and the UK, in order to, the company says, respond to growing demand from asset managers.
This demand comes amid preparations to move to a shorter settlement cycle and a desire from firms to cut staff costs.
Paul Griffith, IQ-EQ’s chief commercial officer for Ireland, will oversee the implementation of this expansion.
He comments: "By extending our range of services to Europe and the UK, we’re positioned to offer more comprehensive support to our clients worldwide, ensuring they benefit from expertise and resources that are closely aligned with their evolving requirements."
The offering includes outsourcing, co-sourcing, and advisory services which cover all stages of fund management, from launch to wind-down, for liquid hedge funds.
Paul Mattessich, head of outsourced middle office services for the Americas at IQ-EQ, says: “By building on our proven track record in the US, we can offer our EU and UK clients innovative middle office services to drive operational efficiencies and strategic growth of their businesses. Our goal is to enable our clients to focus on their core competencies and achieve their business objectives in a seamless and agile way.”
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