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Data services news

Mainstream Fund Services joins forces with Harmonate


08 September 2021 US
Reporter: Maddie Saghir

Generic business image for news article
Image: Sashkin/adobe.stock.com
Mainstream Fund Services, the global provider of full-service fund administration, and part of Mainstream Group Holding, has selected Harmonate to provide private capital data operations.

Harmonate says it is partnering with Mainstream to consolidate its excellence in the automation of document and data processing and intelligence.

The relationship encompasses both the range of documents and reporting automated, and the comprehensiveness of each workflow, Harmonate explains.

According to Harmonate CEO Kevin Walkup, Mainstream is one of the first global fund services firms to recognise and respond to private capital leaders’ expectations for software development-style speed and agility in their operations.

Walkup comments: “The implementation of more nimble and controlled operations has been a revelation that’s spreading. Harmonate shares Mainstream’s detail-oriented obsession and drive to expand the range of data that is automated, and the quality of that automation in each workflow.”

James Wheatley, president, Americas, Mainstream Fund Services, says: “Mainstream exemplifies a new high performance fund services model.”

“We are helping answer demand for a single source solution for agile and complete global financial services. Our engagement with Harmonate is part of our commitment to select the best in breed from each category of technology, collectively assembling the digital foundations making a fund administration renaissance possible,” adds Wheatley.
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