FundBPO is now supporting the IMA/SMA back office administration requirements

MainstreamBPO’s subsidiary FundBPO is now supporting the IMA/SMA back office administration requirements for a number of clients.

FundBPO is able to offer scalability in resourcing, subject matter expertise and independence. In the current market Investment Managers, Advisers and Stockbrokers need to seriously consider the demands when providing back office services. There are resource costs and continuity issues while the AUM is small, there can be a lack of economies of scale in important skill sets (corporate actions, tax reporting, trade settlement and custody reconciliations) and independence of valuation is paramount in investor’s minds after the GFC.