Many individuals throughout a wide range of industries noticed the COVID-19 pandemic as a chance to reset and make modifications the place wanted. Buyers ought to do the identical. Some buyers might uncover that they’ve outgrown their fund administrator, however the resolution to alter to a brand new fund administrator could be a daunting one.
Asia, particularly, has been an attention-grabbing atmosphere. The uncertainty created by China’s zero-COVID coverage left buyers not sure of what may occur subsequent, and the lifting of that coverage has had far-reaching results as borders opened, abroad journey elevated and other people began to go about their lives extra freely once more. These extra sure occasions can current a chance for funds to evaluate the previous with a watch on the longer term, and the precise fund administrator could make all of the distinction.
In selecting to alter to a brand new fund administrator, it’s necessary to pick out a service supplier with a disciplined conversion course of to make sure minimal disruption to your staff. A service supplier with entry to best-in-class know-how could be particularly useful. The best know-how can translate legacy information and codecs into new infrastructure. Select a supplier with experience in aggregating, validating and managing massive volumes of unstructured information. It will will let you meet regulatory, investor and third-party reporting obligations.
The best fund administrator may have the flexibility to exhibit a confirmed conversion planning and execution methodology, superior know-how and skilled change managers. Select a supplier with a contemporary, scalable know-how infrastructure and a succesful staff that may make your transition seamless and painless.
SS&C is the world’s main fund administrator, with greater than $2 trillion globally in property below administration. We’ve got a confirmed conversion methodology, and we’ve got efficiently transitioned lots of of funds to our administration platform and repair mannequin. To study extra about how to decide on the precise fund administrator in your wants, obtain our “Altering Fund Directors is Simpler Than You Assume” whitepaper.
