Apex Fund Services has launched Apex Funds 247, an online reporting solution for both investors and investment managers that provides greater portfolio transparency and performance attribution analysis.
Apex Funds 247 enables investors to quickly and easily access investment manager information via an online dashboard. As well as over 80 regular reports available a large number of dynamic reports which users can create themselves can be generated by Apex Funds 247.
One of the key benefits Apex Funds 247 provides is that it nurtures closer collaboration between managers and investors. To protect sensitive data separate reporting logins exist between the two parties.
Corporate governance and quality control processes are built in and the service can track all key fund information, exposure levels, store board minutes or make changes to corporate information.
The strength of the technology is its ability to enable the user to define their own reporting requirements. It also allows Apex Funds 247 to expand its reporting architecture to meet changes in demand as the market evolves.
Peter Hughes (pictured), Group Managing Director, says: "Increasing regulation is having a clear knock on effect with investment managers. Demonstrating transparency to investors is becoming more and more critical.
"Fund administrators who are committed to supporting their clients can play an increasingly significant role in ensuring that investor expectations can be met.
"With its global network and approved internal processes, Apex has again demonstrated its willingness and capability to invest and develop leading products for its clients, giving investors complete confidence that regulatory requirements are always met."