Fund Admin. Offers Clients Cloud Computing Platform

Sep 28 2011 | 9:39am ET

Advanced Fund Administration has launched an alliance with a financial technology firm to offer its hedge fund and private equity clients a cloud computing platform.

Advanced Fund Administration clients will now have access to Compushare's "full suite of technology-based solutions," the latter said in a statement. Among those services are cloud computing, allowing funds "to eliminate technology assets and avoid the cost of owning and maintaining a technology infrastructure."

"Compushare will provide our clients with a secure, compliant and efficient technology environment including remote and mobile access which will enable them to concentrate completely on their business rather than their infrastructure," AFA CEO Peter Young said.


In Depth

Q&A: Commodities 2.0 with Argon Capital Management

Oct 27 2015 | 12:57pm ET

Commodity markets have been under significant pressure this year from a perfect...

Lifestyle

Ferrari Roars in Wall Street Debut

Oct 21 2015 | 4:28pm ET

Shares of supercar maker Ferrari jumped as much as 15 percent to a high of nearly...

Guest Contributor

The Role of Investors in the Hedge Fund Service Model

Oct 23 2015 | 5:00pm ET

Investors have been at the forefront of the evolution in hedge fund administration...

 

Editor's Note

    Oct 21 2015 | 10:41am ET

    One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…