PD Capital said the software, SS&C Fund Services, can fast-track the conversion of the fund’s books and records from the previous fund administrator in four weeks.
SS&C converted and reconciled five months of historical data including one month parallel processing, enabling an easy transition to daily production including daily profit and loss reporting and full monthly valuations for the fund.
PD Capital founder and managing director David Disbrey said SS&C’s superior technology, proven conversion track record, and attention to detail in the preparation stages are the primary reasons for choosing it to migrate its business.
SS&C Technologies claimed its proprietary technology platform, a standardised conversion process, and well-defined controls delivering improved efficiency gains for its clients differentiate it as a fund administrator.
