21 January 2018
visit www.ebaday.com

Fortis Prime Fund Solutions chooses SD for independent revaluation

03 February 2010  |  1469 views  |  0 Source: SuperDerivatives

Fortis Prime Fund Solutions (PFS), a leading provider of administration, banking, custody and financing to the alternative asset management industry has engaged SuperDerivatives' (SD) independent revaluation service to source accurate, independent pricing for illiquid and complex derivatives.

PFS' strategy of independently pricing the portfolios of its administration clients has played an important role in building its reputation as a leading administrator. The firm's commitment to this core offering resulted in it seeking a well established provider of pricing services for esoteric, illiquid and hard-to-value instruments.

After extensive research and testing, PFS chose SD-Reval, SD's revaluation service, based on its ability to deliver rapid and extremely accurate revaluation of a wide range of complex and illiquid instruments.

Amod Kumar, Global Head of Strategy, Business Improvement & Control, PFS, said: "In our testing of SD-Reval we were impressed with the consistency that it showed in its ability to price illiquid and esoteric assets.

"The breadth and depth of the assets and structures it supports will ultimately benefit our hedge fund clients and their investors."

SD-Reval delivers independent and market-reflective revaluation for an extensive range of hard-to-price liquid and illiquid assets, based on quality market data and a proven analytics model. The service provides rapid revaluation of even the most complex instruments, ensuring that users have the independent, fair market value of their assets as soon as they need it.

Amitai Ratzon, Regional Sales Manager at SD, comments: "In addition to outstanding accuracy in pricing, delivering exceptional customer service is essential in the asset management industry, and the ability to support clients to successfully pursue investment strategies is integral to this.

"Our dedicated expert revaluation team will send PFS market-accurate, bespoke revaluation reports, enabling them to apply unparalleled precision to their valuation of portfolios."

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.fivedegrees.nlvisit www.thomsonreuters.infovisit www.ebaday.com

Top topics

Most viewed Most shared
Europe begins Open Banking era in subdued styleEurope begins Open Banking era in subdued...
13035 views comments | 33 tweets | 38 linkedin
BofA leads on blockchain patentsBofA leads on blockchain patents
8295 views comments | 12 tweets | 12 linkedin
Standard Chartered establishes fintech innovation and investment unitStandard Chartered establishes fintech inn...
8201 views comments | 14 tweets | 14 linkedin
hands typing furiouslyFintech Adoption is About People, Not Tech
7227 views 1 | 7 tweets | 2 linkedin

Featured job

Competitive base + commission
New York City, NY - USA

Find your next job