NTAsset has selected SS&C Technologies Holdings to provide a range of fund administration services and middle office operational support for nearly USD1 billion in assets under management (AUM).
NTAsset, which invests long-term in small cap Asia-only companies to generate absolute returns, is growing to be one of the largest alternative fund management companies in South East Asia. To help NTAsset scale for future growth, SS&C GlobeOp will provide a full range of administration services including NAV preparation, cash and security reconciliations, and investor services.
After an extensive due diligence process, NTAsset selected SS&C GlobeOp citing the administrator’s complete suite of fund administration and middle office operational support as key reasons for their decision. NTAsset will also leverage SS&C’s best-in-class fund services portal that offers 24/7 accessibility and transparency from any desktop or hand-held device giving the firm unrivalled agility and transparency.
“SS&C clearly demonstrated their ability to service large, complex, long-only fund managers across a broad range of asset classes and they were unrivalled in terms of technology offering,” says Marayart Teeratomorn, Chief Operating Officer at NTAsset. “Above all, though, we selected SS&C because of their commitment to client service and integrity.”
“This marks our first footprint in Thailand’s fund industry. We are pleased to partner with NTAsset and support them as they work to deliver on their growth strategy,” says Chris Kundro, Managing Director, SS&C GlobeOp. “Our services are designed to help alternative fund managers such as NTAsset achieve high levels of service and transparency. This relationship demonstrates the range of our platform and expertise, which can support the full lifecycle of virtually any strategy employed by alternative funds today.”