Apex Rolls Out Global Compliance Software
12 January 2017
January 12, 2017: Luxembourg: Apex Fund Services today announces the completion of its global implementation of Metrosoft’s cutting edge compliance software, Fundsphere Compliance TA.
The Fundsphere Platform is designed to meet the complex requirements of today’s Transfer Agent. The deployment of this software across the Apex Group will deliver enhanced operational efficiencies for Apex’s 33 offices globally, plus real time TA transaction monitoring and entities screening against multiple sanction lists for its clients.
The top 20 global independent administrator will utilise Metrosoft’s technology to provide full data segregation and granular functionality in order to deliver an enhanced and robust service to a diverse set of clients in the face of ever evolving regulatory requirements around the world.
Sonja-Maria Hilkhuijsen, Global Head of Compliance, Apex Fund Services, said:
“The deployment of the Fundsphere Compliance TA software across the Apex Group will not only strengthen the way in which we are able to address our obligations under current Anti-Money Laundering requirements, but also ensure Apex’s readiness for the upcoming release of enhanced AML regulations. Fundsphere’s extensive range of tailor-made reports will be fully utilised to support our existing internal controls whilst also contributing to the oversight obligations of our clients. This scalable solution is a welcome addition to our internal infrastructure as we expand our service offering to further facilitate fund distribution for our global client base.”
Janusz Lorenc, Chief Executive Officer, Metrosoft, said:
“We are delighted to complete the implementation of Fundsphere Compliance TA at Apex Fund Services. Our teams have worked extremely well together during the rollout and integration with current Apex TA system which resulted in the entire project being completed in only three months. We look forward to working with Apex, not only to learn from their expertise but also to enhance our Fundsphere products,”
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Contacts:
Metrosoft: Mateusz Derejski, Country Head Poland | mateusz.s.derejski@metrosoft.com
Apex Fund Services, Rosie Guest, Global Marketing Director | rosie@apexfunds.co.uk
About Metrosoft
Metrosoft provides some of the largest Asset Managers and Service Providers with scalable Fundsphere web-based software that delivers measurable improvements in efficiency, revenue protection, increased client satisfaction, transparency, and operational risk reduction. Fundsphere applications interface with major TA systems and are used globally. Fundsphere Compliance TA has been in production since 2006.
About Apex Fund Services
Apex Fund Services, established in Bermuda in 2003, is one of the world’s largest independent fund administration and middle office solutions providers. Apex has continually improved and evolved its product suite by surrounding these core administrative services with additional products spanning the full value chain; from information delivery and regulatory products to capital introduction services. The globally distributed service model is delivered by over 600 staff, across 23 full service centres and an additional 10 sales offices. Apex now administers the investments of some of the largest funds and institutional investors in the world.
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