Sudrania Fund Services opens Singapore office 03 September 2020Singapore Reporter: Rebecca Delaney
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Sudrania Fund Services has opened an office in Singapore to market its end-to-end cloud-based fund administration platform following the recent enactment of the Variable Capital Company (VCC) fund structure legislation.
The VCC Act came into effect in January this year and is designed to strengthen Singapore’s status as a regional fund distribution hub.
The technology platform allows clients to scale operations and deliver efficiencies while taking a particular focus on their specific fund types, such as hedge, private equity, real estate, venture capital, and digital assets.
In addition, the fund administrator also offers daily net asset value calculations, as well as captured and replicated historical data.
Ravindra Tailor, director of organic development, Asia-Pacific, Sudrania, explained: “The combination of VCC legislation, plus our cloud-based fund admin model, helps accelerate fund launches for sophisticated, early adopting managers.”
“Our strategic goal has always been to help managers stay competitive and focus on generating alpha for their investors, so opening this office dovetails with that imperative.”
Sudrania also has offices in Hong Kong, India, the US, and the Cayman Islands.
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