Sino Fund Services, a Hong Kong based third party fund administrator, has selected Pacific Fund Services’ PFS-PAXUS software for its fund administration.
PFS-PAXUS offers a back-office fund accounting, portfolio valuation, fund pricing and transfer agency administrative solution on a single, fully integrated system.
According to Sino, it will utilise PFS-PAXUS to fully support its end-to-end administration of open and closed ended alternative funds, which includes hedge funds, real estate funds, unit trusts, fund of funds, limited partnerships and private equity investment vehicles.
Paul Kneen, CEO at Pacific Fund Services, said: “PFS is delighted to welcome Sino Fund Services as our latest new client, we look forward to a long and mutually beneficial relationship with the team. 2017 was an exceptional year for Pacific Fund Systems of record growth in sales to new and existing clients – reflective of the excellent quality of our products and services."
He added: "We believe that there is currently no better multi-functional market wide product that can compete head on with PFS-PAXUS, as a total fund administration solution at an extremely competitive price point.”
