Apex makes big promise to asset managers 15 February 2013Bermuda Reporter: Georgina Lavers
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Apex Fund Services has promised to offer the most extensive range of fund services to asset managers globally.
Its commitment follows the launch of Apex Trade Manager, an order management system (OMS) and Apex Vision, its portfolio management system (PMS). Both systems are to be offered to any fund manager using Apex’s services and also as a separate service.
Apex Technologies, a wholly owned division of Apex Fund Services, has been formed to offer fund managers a complete suite of technology solutions and third party services including the OMS and PMS systems.
Apex Technologies is partnering with leading organisations including Linedata, Pacific Fund Systems, Lazorne, Statpro, Newedge, Knight, RJ O Brien, EFG Hermes and Global Prime Partners.
The new OMS and PMS services are fully integrated with Apex’s existing fund launch platforms, fund administration servicing and middle office functions. Apex now provides fund managers with seamless services ranging from pre-trade compliance, trade execution and portfolio management, right through to NAV, risk and UCITS reporting.
Peter Hughes, Managing Director, Apex Fund Services said that the launch of Apex’s OMS and PMS service is set up for two reasons. “Firstly, to allow asset managers an affordable tool to ensure they meet the investable criteria of institutional investors.
"Secondly, to enable faster risk and performance reporting to our clients and their investors. Both products will be available to existing clients and potential clients across the globe via Apex’s 29 international offices.”
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