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Industry news

Gryphon Fund Group selects FundGuard as ABOR


22 May 2024 US
Reporter: Klea Neza

Generic business image for news article
Image: Andrii Yalanskyi
Gryphon Fund Group has selected FundGuard as its primary Accounting Book of Record (ABOR) for its open-end client base.

The move aims to allow unparalleled transparency, scalability, and operational resilience in support of Gryphon’s growth plan.

By implementing FundGuard’s ABOR solution, Gryphon aims to optimise its accounting processes, scale operations, and deliver value to its clients.

FundGuard’s SaaS platform aims to support the needs of today’s asset servicers, including real-time processing, all-in-one multi-book and multi-asset class capabilities, and compliance with evolving regulatory requirements.

Chris MacLaren, CEO of Gryphon, says: “We value long-term relationships, trust, accountability, and education, and our selection of FundGuard will [allow] us to streamline our operations while further enhancing our service offerings and bringing back a boutique approach to servicing clients.”

Lior Yogev, CEO and co-founder of FundGuard comments: “Our technology is built to drive innovation and efficiency, and we look forward to seeing Gryphon harness these benefits to achieve new levels of success.”
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