Trustmoore, an international financial services provider, has selected Pacific Fund Systems’ (PFS) PFS-PAXUS platform for its growing third-party fund administration business operations.
The PFS-PAXUS service provides back-office fund accounting, portfolio valuation, fund pricing solution and shareholder recording.
John Verhooren, global head of fund services of Trustmoore commented: “In an industry where technology is leading, and more and more clients require a tailored approach for the personalised fund administration services we provide, we set out to find a system that would assist us with the rapid growth of our expanding fund services business and add value to our services for our clients.”
Paul Kneen, CEO of Pacific Fund Systems, added: “We believe there is currently no better multi-functional product available today to compete head-on with PFS-PAXUS to provide a complete back-office solution for fund administrators of all types of fund and private equity structures, and we are delighted to welcome Trustmoore as a new client.”
