19 July 2018
Visit www.avoka.com

PD Capital appoints SS&C Fund Services

02 February 2012  |  1480 views  |  0 Source: SS&C Technologies

SS&C Technologies (Nasdaq:SSNC), a global provider of investment and financial software-enabled services and software, today announced PD Capital has appointed SS&C Fund Services to provide fund administration services for its PD Star fund.

PD Capital Management's investment approach involves complex equity arbitrage strategies, many of which involve short term directional risk. SS&C was able to fast-track the conversion of the fund's books and records from the previous fund administrator in four weeks. SS&C converted and reconciled five months of historical data including one month parallel processing, enabling a seamless transition to daily production including daily profit and loss reporting and full monthly valuations for the fund.

"SS&C's superior technology, proven conversion track record, and attention to detail in the preparation stages are the primary reasons we chose to migrate our business. We are very impressed with SS&C's delivery of fast and accurate NAV calculations, a significant improvement over our previous administrator," said David Disbrey, Founder and Managing Director, PD Capital. "We look forward to working together with SS&C to continue to provide our investors with superior service."

"I am delighted to welcome PD Capital to our sophisticated and prestigious fund administration client base," said David Reid, Senior Vice President and Managing Director, International, SS&C Technologies. "Among the numerous strengths which distinguish SS&C as a fund administrator are our proprietary technology platform, a standardized conversion process, and well-defined controls delivering improved efficiency gains for our clients." 

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
Visit info.nice.comVisit http://go.jumio.com/finextraAdVisit https://secure.vasco.com

Top topics

Most viewed Most shared
Calmejane quits Lloyds Bank to join SocGenCalmejane quits Lloyds Bank to join SocGen
10621 views comments | 4 tweets | 7 linkedin
Metro Bank opens developer portalMetro Bank opens developer portal
9845 views comments | 5 tweets | 14 linkedin
Anything Visa can do...Mastercard takes time outAnything Visa can do...Mastercard takes ti...
9441 views comments | 6 tweets | 15 linkedin
Mastercard enlists Worldpay to push Vocalink's Pay by Bank appMastercard enlists Worldpay to push Vocali...
8773 views 19 comments | 14 tweets | 30 linkedin
Citi to streamline corporate receivables with HighRadiusCiti to streamline corporate receivables w...
8099 views comments | 1 tweets | 5 linkedin

Featured job

Find your next job