ICBC (Asia) Trustee, a subsidiary of Industrial and Commercial Bank of China (ICBC Asia), is now live on SS&C’s Geneva World Investor as its fund administration solution.
ICBC (Asia) Trustee selected Geneva World Investor for its global portfolio management and accounting solution, comprehensive instrument coverage, full financial general ledger and unlimited fund structures.
According to SS&C, by integrating the fund administration process and eliminating manual steps, Geneva World Investor will significantly reduce the risk of error and improves accounting controls.
Steven Wang, general manager at ICBC (Asia) Trustee, said: "Our decision to choose Geneva World Investor was based on SS&C’s proven expertise in the global alternatives market and their track record of success implementing premier solutions.”
He added: “The local development, implementation and support team in Hong Kong and Beijing was also a key consideration as it helped make the implementation seamless."
Mats Berggren, vice president Europe, the Middle East and Africa and the Asia Pacific at SS&C Advent, commented: “We are committed to delivering an outstanding platform to ICBC (Asia) so they have the tools and technology to provide their clients with unmatched value and investment insights. We welcome this as a significant addition to our growing client base in the region.”
