COMPUSHARE PARTNERS WITH ADVANCED FUND ADMINISTRATION (AFA) TO PROVIDE HEDGE FUNDS AND PRIVATE EQUITY FUNDS WITH CLOUD BASED TECHNOLOGY SOLUTIONS.
The partnership enables AFA to offer their clients access to a full suite of technology management capabilities including cloud based solutions built exclusively for the financial services industry.
SANTA ANA, CA - (Marketwire - September 27, 2011)
Compushare and AFA today announced a partnership whereby AFA clients will have access to Compushare, Inc.’s full suite of technology based solutions including Compushare’s fully hosted cloud computing platform which allows the Funds to eliminate technology assets and avoid the cost of owning and maintaining a technology infrastructure.
"Compushare will provide our clients with a secure, compliant and efficient technology environment including remote and mobile access which will enable them to concentrate completely on their business rather than their infrastructure," said Peter M.O. Young, AFA President & CEO. "We are excited to be able to offer our clients the Compushare Cloud Computing (C3) solution, which is designed as a totally outsourced cloud based technology platform for the financial services industry."
Whether Funds require additional technology expertise in specific areas like security, support, or compliance, or are inclined to outsource all of their information technology (IT) needs, Compushare offers modular technology solutions for Funds of all sizes and mindsets. Servicing over 800 financial clients nationwide, Compushare brings more than 15 years of technology and compliance expertise in order to provide technology solutions in the areas of critical systems hosting and management, network security management, compliance management and application hosting and management. Compushare provides enterprise class solutions at a fraction of what it would cost for the Funds to provide themselves.
"We are very excited to be in partnership with AFA and able to provide their clients with compliant and efficient technology management including our cloud based solutions. We believe that in the current economic and growing regulatory environment, it is critical that Funds be positioned to focus on their business without having to worry about investing in and maintaining technology assets and Compushare makes that possible," said Romir Bosu, Compushare's Chief Executive Officer.
Compushare is the leading provider of high quality, innovative technology and compliance solutions for the financial market. Whether it’s providing a totally outsourced cloud computing solution or assisting with the management of your technology or IT strategic plan, Compushare takes a consultative approach to its solutions. With more than 15 years of technology experience supporting over 800 financial clients nationwide, Compushare is a SAS 70 Type II certified, FDIC reviewed, and preferred partner with many major providers. From our leadership team to the members of our service delivery team, our array of knowledge, certifications and practical expertise is unrivaled in the Financial Services Industry.
Learn more about Compushare, Inc. at www.compushare.com.
About Advanced Fund Administration (AFA) – the real alternative in Fund Administration
Advanced Fund Administration (AFA) is a privately owned hedge and private equity fund administration company with offices in the United States and Cayman Islands. AFA’s goal is to service the hedge and private equity fund community with experienced and highly qualified staff, providing superior client service by availing of reliable and robust technology to deliver customized reports to investment advisors and investors alike. At AFA, we understand the alternative investment fund industry and we rely on our experience and expertise to enhance a fund’s operations and ensure a seamless relationship with fund investors and other counterparties.