This publication carries latest news around some of the technology stories in and around the wealth management sector.
ZEDRA, the international trust, corporate and fund services firm has chosen the administration software of Pacific Fund Systems for part of its operations.
The PFS-PAXUS fund administration software will help ZEDRA meet
the fund accounting, investor services and regulatory reporting
requirements of the firm, a statement from PFS said late last
ZEDRA will utilise PFS-PAXUS to deliver solutions to investment managers handling both start-up and existing funds as well as complex structuring to family offices and private investors looking for options such as private and umbrella funds.
PFS serves more than 70 client sites around the world; a total of more than $400 billion of assets are managed on PFS-PAXUS, PFS said.
ZEDRA acquired from Barclays, the UK-listed bank, at the start of 2016; it has set up offices in a number of locations, such as Singapore.