The Global Fund Services (GFS) division of The Bank of Bermuda Limited (a member of the HSBC Group) today announces the launch of GFSInvestor - an advanced web-enabled investor reporting platform for alternative investment fund managers and their investors.
Developed in collaboration with US-based CorrectNet, GFSInvestor offers an array of functionality and acts as an effective data information portal as part of GFS’s standard investor servicing package for fund managers.
Chris Wilcockson, Head of Client Services for Global Fund Services, comments: "GFSInvestor has been developed for both onshore limited partnerships and offshore investment funds, and facilitates the communication and transfer of data between managers and investors. With exceptionally quick response times, it is an effective tool for accessing a wide range of account level information including account balances, pending and completed transactions, equalisation and partnership transaction information and NAV data."
GFSInvestor is integrated with GFS’s two leading alternative funds investor platforms – Koger NTAStm and Advent Partnertm – thereby ensuring that information is available for managers and investors on a timely basis. GFSInvestor is a further addition to GFS’s modular and scalable technology solutions for the alternative funds industry.
Bob Miller, CEO of CorrectNet, comments: "Bank of Bermuda’s unique drive and dedication to improve upon their existing premium level of service provided us with an opportunity to create a distinctive, feature-rich, web-reporting service for their clients. The GFSInvestor functionality is completely aligned with CorrectNet’s industry experience in cross platform data consolidation and secure web publishing."
Chris Wilcockson concluded: "Our technology is constantly evolving to offer new industry-leading functionality. We are delighted to work in collaboration with CorrectNet to provide a high quality solution to our clients, and a key addition to our technology suite."