Opalesque Industry Update - Opus Fund Services has been ranked “Top Rated” hedge fund administrator in the annual Global Custodian survey of 1,420 hedge fund clients across 81 administrators.
In what Global Custodian called "a few basis points from perfection", Opus provides outsourced back-office operations and fund administration services, for a client base that rated Opus at a near perfect score across all service areas. In its report, Global Custodian said "they aim to deliver a combination of high-touch and high-tech that ought to appeal to small and mid sized hedge fund managers, and it does.“
"The results of the Global Custodian survey are unparalleled in importance as the recognition is driven by our clients," said President, Stephen Giannone.” The results of this survey follow-up closely to HedgeFund.net naming Opus as the fastest growing fund administrator in 2009. “Such exceptional client recognition shows a fundamental culture driven towards outstanding quality, service and value." said CEO, Robin Bedford.
This is the fifteenth annual survey of hedge fund administrators by Global Custodian, the leading magazine covering the international securities services business. Hedge fund administrators in the survey are rated by a sample group of their clients on 71 questions divided into 15 service areas: client service, value, fund accounting, OTC derivatives, investor services, reporting to investors, reporting to fund managers, compliance and taxation, corporate administration, fund structures, fund of funds administration, middle office services, credit/leverage, technology, and risk management. Corporate website: Source