Atlantic Fund Services Selects Infovest for Post Trade Compliance

Infovest Consulting (PTY) Ltd announced that Atlantic Fund Services will modify itself into Infovest post trade compliance software.

Infovest Consulting (Pty) Ltd, a member of the StatPro Group of Companies, provider of investment data management, compliance, regulatory and client reporting solutions, today announced that Atlantic Fund Services, a leading, independent New England based fund administrator, will transition to Infovest post trade compliance software.

Atlantic Fund Services selected Infovest’s compliance solution to enhance their third party fund administration compliance offering with dynamic monitoring and client reporting . It is increasingly important that investment managers and fund service providers facilitate regulatory compliance programs effectively and efficiently. Infovest’s compliance solution is focused exclusively on the post trade domain and delivers comprehensive functionality in a solution that is easy to use and scale.

Chris Koons, Atlantic Fund Services’ Chief Operating Officer said, “We continuously evaluate our operations and technology to ensure we employ solutions that enhance our clients’ service experience.  Infovest’s capabilities, including  a user friendly rules builder, comprehensive breach monitoring , and turnkey management and client communications functionality,  will increase efficiency in our daily workflow.”  Mr. Koons added, “Infovest’s organization aligns well with our culture of high quality and highly responsive service.”

Simon Stillwell, Managing Director of Infovest U.S.A. commented, “We are delighted to be working with Atlantic Fund Services and to win another highly respected North American client. The fund administration space is highly competitive and by focusing exclusively on post trade compliance, we can deliver a solution that provides real value and flexibility to our clients. In turn this allows them to differentiate themselves by offering a state of the art service to their clients.”

Atlantic Fund Services is an independent, third-party administrator providing comprehensive fund servicing solutions for mutual funds, series trusts, closed-end funds, private funds and bank funds. Atlantic provides fund launch management, legal and regulatory administration, fund accounting and tax recordkeeping, performance reporting, financial reporting, transfer agency, shareholder services, and compliance services. Headquartered in Portland, Maine, Atlantic’s experienced professionals have provided high quality, customized services for over 30 years.