Canadian fund administrator Pinnacle Fund Services has chosen the Pacific Fund Systems PFX-PAXUS platform to provide administration for its own global fund operations business.
PFS-PAXUS is an integrated share registry and fund accounting platform. Pacific Fund Services now provides hedge fund administration software services for more than 70 clients around the world, and has more than $400 billion in assets under management through PFS-PAXUS.
David Smith, managing director at Pinnacle, said: “The selection of PFS-PAXUS has been mainly due to its reputation in the market for its sophistication and reliability.”
“At Pinnacle we are excited about growing our fund administration business and with PFS-PAXUS’s track record as a robust and proven platform we are confident that the system will allow us to meet our business objectives.”
