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First the good news for fund administrators: the funds industry is expanding. European Fund and Asset Management Association (EFAMA) figures show net assets of UCITS and alternative investment funds rose 16.7% through 2021 to reach €21.9 trillion by year-end. Total assets under management in Europe topped €31 trillion. Almost a quarter of the investment portfolios […]

Redesigning the fund onboarding experience: The case for digital automation The benefits of intelligent digital onboarding are manifold: improved customer experience and engagement, internal operating efficiencies, enhanced risk control, happier employees and strengthened regulatory compliance. Clients, investment managers, fund administrators and regulators all agree digital automation is the way to go. Yet the funds industry […]

We live in an increasingly multi-asset class world. Unfortunately, fund administrators’ traditional technology infrastructures do not. Transfer agency, accounting and reporting systems were typically developed to support the specific needs of what had been segregated markets, creating specialist software for mutual funds, hedge funds, private equity and real estate. But the investment landscape has changed. […]

5-point guide to FATCA/CRS compliance The 12th anniversary of when the US Foreign Account Tax Compliance Act (FATCA) became law has just rolled around. Not that many financial institutions will be celebrating. FATCA and the Common Reporting Standard (CRS) it spawned are proving potent weapons in jurisdictions’ war against tax evasion. But the reporting obligations […]