Compushare partners with Advanced Fund Administration
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Compushare partners with Advanced Fund Administration 27 September 2011Santa Ana Reporter: Justin Lawson
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Compushare and AFA today announced a partnership whereby AFA clients will have access to Compushare, Inc.'s full suite of technology based solutions including Compushare's fully hosted cloud computing platform which allows the Funds to eliminate technology assets and avoid the cost of owning and maintaining a technology infrastructure.
"Compushare will provide our clients with a secure, compliant and efficient technology environment including remote and mobile access which will enable them to concentrate completely on their business rather than their infrastructure," said Peter M.O. Young, AFA president & CEO. "We are excited to be able to offer our clients the Compushare Cloud Computing (C3) solution, which is designed as a totally outsourced cloud based technology platform for the financial services industry."
Whether Funds require additional technology expertise in specific areas like security, support, or compliance, or are inclined to outsource all of their information technology (IT) needs, Compushare offers modular technology solutions for Funds of all sizes and mindsets. Servicing over 800 financial clients nationwide, Compushare brings more than 15 years of technology and compliance expertise in order to provide technology solutions in the areas of critical systems hosting and management, network security management, compliance management and application hosting and management. Compushare provides enterprise class solutions at a fraction of what it would cost for the Funds to provide themselves.
"We are very excited to be in partnership with AFA and able to provide their clients with compliant and efficient technology management including our cloud based solutions. We believe that in the current economic and growing regulatory environment, it is critical that Funds be positioned to focus on their business without having to worry about investing in and maintaining technology assets and Compushare makes that possible," said Romir Bosu, Compushare's chief executive officer.
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