Hedge Fund Administration

Butterfield Fulcrum, a leading independent fund services provider, is pleased to announce today that it has successfully completed an examination of its global middle and back office, fund administration solutions and services for the SOC 1 Type II Certification.

Algorithmics, an IBM Company, announced today that Viteos, a global fund administrator and operational outsourcing service provider to the alternative investment community, has selected Algorithmics to provide an independent risk measurement and reporting function to its clients as part of its fund services. 

GlobeOp Financial Services (LSE:GO.) has appointed Eamonn Greaves as head of business development. Greaves reports to Hans Hufschmid, chief executive officer, and is based in the company’s New York City headquarters.

Greaves is a managing director at GlobeOp and previously led the company’s Hartford, CT office, with responsibility for regional fund accounting and operations. 

Butterfield Fulcrum, a leading independent fund services provider, has announced a comprehensive new service offering which provides clients with an institutional grade front- and middle-office platform. Butterfield Fulcrum has extended their existing technology platform to include integrated client tools for trading and portfolio management bundled with a complete daily services offering. 

SS&C Technologies Holdings, Inc. (Nasdaq: SSNC), a global provider of financial services software and software-enabled services, today launched Risk Analytics™, an independent investment risk analysis solution for hedge funds, fund of funds, private equity funds and managed accounts.

GlobeOp Financial Services (“GlobeOp”) (LSE:GO.) announced today that it has been appointed to provide investment management operations outsourcing services for European Credit Management Limited (“ECM”), a specialist asset manager and subsidiary of Wells Fargo & Company (NYSE:WFC) with approximately €12.1 billion (US $15 billion) in assets under management as of May 31, 2010. GlobeOp’s core focus on people, processes and technology were key elements in the selection decision.

Global bond pricing offers more transparency for hedge funds

S&P Valuation and Risk Strategies, an independent and analytically separate business unit within Standard & Poor's, has been selected to provide independent valuations for a wide range of fixed income securities to GlobeOp Financial Services, a leading independent provider of automated, integrated middle- and back-office, administration and risk reporting services to hedge funds and asset management firms.

Hedge Funds Now Have a Trusted Data Provider for Risk Reporting

GlobeOp Financial Services (LSE:GO.) announced today that it has successfully completed a third consecutive annual SAS 70 Type II examination of specified middle-, back-office and fund administration controls by an independent auditing firm.

A panel of experts debate if outsourcing is the best strategy to help firms maintain lower operating costs without sacrificing operational efficiency