BISYS, a leading provider of outsourcing solutions for the financial services sector, today announced the extension of its global Fund Services (Ireland) Ltd. operations with the opening of a new facility in Central Hong Kong.
The Hong Kong office will complement BISYS' multi-lingual servicing platform, a 24-hour global operating system, which accommodates 1,100 distributors across 60 countries of multiple product structures. With service hours from 8 a.m. to 8 p.m. Hong Kong Time, the office will focus on managing clients' distribution channels and investor needs in Asia-Pacific, including Australia, Japan, and Taiwan, in local time zones and languages.
"Asia has participated in a steady and significant level of fund asset inflows over the past several years," said Catherine Brady, senior vice president of International Operations. "As a true global fund administrator, BISYS has made a commitment to direct and expand its resources where the strategic growth opportunities for our clients lie. We are very pleased about the quality, efficiency, and continuity of services we can now provide our clients and their distributors in this region."
The opening of the new Hong Kong office will allow BISYS to deliver its services following the accepted local business practices in the region, according to Larry Watson, vice president of International Transfer Agency Operations. "The new facility will complement our existing global servicing solution that accommodates multi-cultural business practices and investment capabilities," he said. "Expanding our service center in Hong Kong will go even further to enhance communications and cross-border distribution of our clients' quality fund products."