Sign up for free newsletter

 

Approved stamp

SS&C GlobeOp depositary “Lite" service fully authorised

Tue, 08/07/2014 - 14:00

SS&C GlobeOp has obtained Financial Conduct Authority (FCA) approval for its Depositary “Lite" service offering.

The recently launched service helps managers of non-EEA AIFs in fulfilling their Alternative Investment Fund Manager Directive (AIFMD) requirements.
 
SS&C will help managers comply with various aspects of the AIFMD including functions relating to asset verification, cash flow monitoring and oversight services.
 
"We have been operating as a Depositary 'Lite' under the transitional provision for a number of months and we are delighted to now receive our full authorisation," says Des Pierce, senior director, SS&C GlobeOp.
 
"We've seen strong interest in our Depositary 'Lite' service and signed up several fund managers to date," says Bill Stone, chairman and chief executive officer, SS&C Technologies. "We look forward to adding value to current and future customers with this offering and developing future enhancements as regulations continue to evolve."
 
i GlobeOp Markets Limited is the regulated entity under which SS&C GlobeOp will provide its Depositary "Lite" services. GlobeOp Markets Limited is a wholly owned subsidiary of SS&C.


Subscribe to free daily newsletter
Furtherreading
from Private Equity Wire

Setting up a hedge fund under AIFMD

Thu 19/02/2015 - 18:20

latestjobs
Junior Sales to Corporates (FX/IR)

Sat, 28 Feb 2015 00:00:00 GMT

VP IG Credit Sales, NA Investment Bank

Sat, 28 Feb 2015 00:00:00 GMT

Head Compliance- Asset Management

Sat, 28 Feb 2015 00:00:00 GMT

events
6 hours 59 min from now - Florida
3 days 6 hours from now - San Francisco
3 days 6 hours from now - London
specialreports