Pacific Fund Systems, the leading provider of fund administration software, is pleased to report that global independent fund administrator, Apex Fund Services (“Apex”), has successfully utilised its specialist CRS regulatory reporting software to submit its first range of client CRS filings.
Pacific Fund Systems has expanded the functionality within its core administration application, PFS-PAXUS, to be in line with the changing global regulatory environment. As the requirements of the global Common Reporting Standard (“CRS”) impacts many of Apex’s clients, its ability to facilitate robust and compliant reporting in this area is a fundamental requirement to effectively support its global client base.
“Our multi-strategy multi-geography client base means we need to partner with firms that are capable of delivering industry leading reporting technologies and that have the ability to quickly adapt and improve these mechanisms to suit the evolving requirements of our clients. We are always looking for increased efficiency, faster valuations, reduction in the risk of errors and broad ranging products that have the ability to support complex funds. PFS-PAXUS is a solid partner for Apex and the enhancement in its CRS offering reaffirms our confidence in this product assisting us in continuing to maintain the high levels of service we expect for our clients.” Anthony O’Driscoll, Chief Operations Officer – Apex Fund Services.