Maples Fund Services is to offer a suite of middle office outsourcing solutions that will enable institutional investors to efficiently and effectively implement the operations and technology required to support their increasingly complex investment strategies.
“As institutional investors increase allocations to alternatives, add complex strategies or bring them in-house, they require new systems and infrastructure to support those decisions,” said Scott Somerville, Chief Executive Officer of MaplesFS. “Institutional investors are now very proactive and involved in assessing their operational infrastructure and are seeking new solutions that will automate the middle office and replace legacy platforms and processes.”
Maples Fund Services’ middle office outsourcing solutions, which combine leading third party and proprietary technology, provide the infrastructure and operational support required to lift out or manage in house:
Transaction data management;
Cash and collateral management;
Portfolio accounting, and;
Portfolio analytics.
“The operational and information requirements of executing strategies such as synthetic equity, portable alpha, and hedge fund managed accounts present new challenges for institutional investors,” said Tyler Kim, Chief Information Officer, Maples Fund Services. ”Our bespoke middle office outsourcing solutions offer a robust platform for portfolio recordkeeping and data management, providing institutional investors with the reporting and transparency necessary to manage sophisticated portfolios of alternative investments.”
