NWT Group selects PFS-PAXUS fund administration system
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NWT Group selects PFS-PAXUS fund administration system 22 November 2018London Reporter: Jenna Lomax
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NWT, a Mauritius based full-service fund administration firm, has selected Pacific Fund Systems (PFS)’s fund administration system for its third-party fund administration.
PFS-PAXUS offers a complete back-office fund accounting, portfolio valuation, fund pricing and transfer agency administrative solution that includes regulatory reporting, on a single, fully integrated system that satisfies the needs of the most sophisticated fund administrators.
NWT focuses on creating personalised solutions for setting up and administering companies, trusts, foundations and funds and provides fund administration services for both open and closed-ended collective investment schemes including hedge funds, private equity investment vehicles and venture capital funds.
PFS-PAXUS will be NWT’s core fund administration technology.
Paul Kneen, CEO of PFS, commented: “We are delighted to welcome NWT as a client, and we look forward to working with their team to enable them to effectively meet the ever-increasing regulatory and market demands of a continually evolving funds industry.”
He added: “Pacific Fund Systems is a leading provider of fund administration software via its award-winning PFS-PAXUS application; a specialist accounting and administration system that is the product of choice for administrators of both traditional and alternative funds, including hedge funds, private equity and real estate, and many other collective investment vehicle structures spanning all asset classes across the globe.”
“Pacific Fund Systems services a continually expanding international client base with more than $600 billion of assets managed globally on PFS-PAXUS.”
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