“As a specialist global fund administrator, Mainstream Fund Services recognises the importance of having the best technology and software in place for our clients. We invest in best-of-breed technologies across our business lines to focus on software that is robust, reliable and scalable. For alternative funds, such as Cayman based hedge funds, private equity funds and fund of funds with series or equalisation requirements, we use PFS-PAXUS fund accounting and administration software from Pacific Fund Systems. PFS-PAXUS’ extensive and integrated functionality across the full range of fund administration principles means we have been able to benefit from improved operational efficiencies, faster valuations and support a large range of complex structures in our constantly evolving industry.”

“Pacific Fund System’s PFS-PAXUS is a world leading specialist accounting and administration application system designed specifically for use in the alternative fund administration industry. At Sanne we chose PFS-PAXUS due to the system’s ability to deliver an integrated solution offering a straight through processing solution for our functional teams. PFS-PAXUS integrates all parts of the administration process that traditionally had to be done on separate systems, incorporating the securities portfolio, allocation system, general ledger, fee calculation and share registry module into one operation. For Sanne, the benefits are clearly visible, in the ability to perform complex fund valuations in a simple and automated fashion, allow us to meet the needs of our clients while reducing not only our risks in calculating NAV’s but our IT overheads as well.”