The companies say SS&C will provide fund accounting, middle office and transfer agency services for the funds for which Investment Fund Services (IFS) acts as ACD or AFM
John Miller will be based in Boston and report to Mike Hughes, head of Fund Services
Ferrarelli will be responsible for delivering new technology, systems and operational infrastructure
The collaboration aims to harness the potential of machine learning and AI to streamline private equity fund-related workflows
The company says the acquisition allows it to strengthen its existing product offerings
David Abner will report to Paula Kar, global head of Product, at Northern Trust Asset Management (NTAM)
Backstop Solutions aims to give Paine Schwartz Partners a consistent, holistic view of the investor lifecycle and deal pipeline
Josh Woods joins the board with nearly 20 years of experience in technology and finance
