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Industry news

SS&C expands fund administration business in India


13 June 2024 India
Reporter: Klea Neza

Generic business image for news article
Image: dzain
SS&C has expanded its global footprint with a new office in India's Gujarat International Finance Tec-City (GIFT City). Arun Baldwa, senior director, will lead the new office.

The International Financial Services Centres Authority has licensed SS&C GlobeOp to provide fund administration and compliance services to alternative investment funds (AIFs) and other funds domiciled in the economic opportunity zone.

Bhagesh Malde, head of SS&C GlobeOp, says: “[The company] has experienced handling all operational needs for various intricate fund structures across domiciles and regulatory and tax regimes.

“An on-the-ground presence in GIFT City further cements our deep commitment to India. We look forward to working even closer with our clients as they set up funds in this exciting new epicentre of global finance and IT."
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