← Back to Insights

2023 – a year of exceptional growth for PAXUS!

15 January 2024

Pacific Fund Systems (PFS), a global provider of fund administration software is once again proud to confirm increased year-on-year revenue and net profit for 2023.

Now in its 25th year of operation, PFS has continued to grow year-on-year since its launch and offers new and existing clients a long-proven track record of maintaining stable and current software functionality, supporting fund administrators who wish to offer a premium service to fund managers across the globe.

PFS’ award winning PAXUS fund administration system integrates all fund administration processes on to a single solution, including: securities portfolio reconciliation and valuation, full multi-currency general ledger, accounting automation, consolidation of multi-strategy and multi-class assets, automated fee calculation, NAV calculations, shareholder processing and registry services including a full suite of investor communications, and automated global regulatory reporting and compliance functionality.

PAXUS is also complemented by PAXUS-CONNECT, a leading web portal providing myriad reporting and transaction tools, allowing Fund Managers and their investors to self-service,  accessing fund data securely via the web. All of PFS’ software solutions can be hosted by customers, or directly by PFS’ on a tailored secure PAXUS-CLOUD hosted SaaS solution.

Despite the unprecedented challenges posed by a global pandemic and the difficult economic environment resulting from global volatility throughout 2022 and 2023, PAXUS has continued to exceed revenue targets – ending 2023 as a further exceptional year of growth. PFS’ growth has mirrored the success of both new and existing clients; a list that includes industry leading service providers who operate around the globe, incorporating the world’s largest independent fund administrator and a number of major global investment banks.

Looking to the future, Paul Kneen, CEO of Pacific Fund Systems commented:

“We continue to invest heavily in our technology, expanding STP options and web enabled functionality for fund managers and investors, maintaining our position as global leader in the provision of integrated NAV and registration fund administration software. We aim to align our objectives with those of our clients – continually evolving the software to optimise efficiency and grow margin and profitability for our clients. We know that each client also has individual and unique demands and out teams work hard to ensure our software is  configurable to meet each clients specific requirements – enabling our clients growth is the key to PFS’ continued expansion.”

Get in touch with our team

If you would like to enquire about one of our services then please contact the team on info@paxusgroup.com

Contact Us