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Fund services news

Allvue and Praxis collaborate


24 January 2025 US
Reporter: Jack McRae

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Image: stock.adobe.com/Flash Vector
Allvue and Praxis have collaborated with the aim of delivering customer-centric fund administration services.

Praxis will use Allvue’s technology to support client growth and improve efficiency and provide real-time data and portfolio management tools to clients.

Ava Fairclough, group head of corporate services at Praxis, comments: “We selected Allvue’s Fund Administration Essentials because we wanted a solution that could grow with us and our clients.

“Having a system that is scalable and backed by a customer-centric team was a priority for us. Allvue’s team is relationship-driven and forward-looking, providing technology that evolves with market demands.”

James DiCostanzo, Global Head of Fund Administration at Allvue, adds: “Allvue’s Fund Administration Essentials solution set for fund administrators enables firms like Praxis and their clients to grow at scale and achieve operational efficiency by leveraging best of breed technology.”
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