PFS-Paxus was installed in Custom House Administration and Corporate Services Limited, one of Dublin's largest specialist Hedge Fund Administrators, in March 2000. Custom House is in the process of converting all of its hedge funds over to the system.
As part of the development PFS
developed customised investor statements and built an automated price feed
from a proprietary data source provider. Included in the funds which have
been converted over to the system are multi-series long short equity funds,
some of which have in excess of 400 securities transactions per month.