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Laxman Pai, Opalesque Asia: J.P. Morgan Alternative Investment Services is expanding its strategic partnership with Arcesium Technology, a post-trade technology and professional services firm using a first-of-its-kind technology platform.
"End users are now able to have their own technology, their own data model, and integration to inbound and outbound systems while effortlessly connecting to their administrator for NAV calculation and all investor-related services and communications," said a press release from Arcesium.
J.P. Morgan, the a provider of independent fund administration and comprehensive outsourcing solutions to hedge funds, hybrid funds, and fund of hedge funds, in its partnership with Arcesium as a technology provider, has converted a substantial portion of its Alternative Investment Services business to the new technology platform powered by Arcesium.
The release quoted David Nable, Arcesium's Head of Commercial Strategy as saying: "We are putting best-in-class technology in the hands of clients without the operational burden of keeping those systems in synch with those of the administrator. Clients benefit from flexible, modern tools to run their business, while still maintaining the independence of the fund administrator."
Joan Kehoe, Global Head of J.P. Morgan Alternative Investment Services said: "Sophisticated managers have long maintained internal systems, typically in support of front office activities, but more recently, to shadow ...................... To view our full article Click here
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