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2024 - Another Exceptional Year For PAXUS!

20 December 2024

PAXUS, a global provider of fund administration software, is once again proud to confirm a record year of further revenue growth. Despite the unprecedented challenges posed by continuing global macro-economic factors PAXUS has continued to expand their international footprint, offering new and existing clients a long-proven track record of supporting fund administrators who wish to offer a premium service to their clients across the globe.

The award-winning PAXUS fund administration system offers a truly unique proposition in the alternative investment fund administration financial services sector, offering a complete back-office NAV fund accounting and transfer agency platform, incorporating a regulatory reporting administrative solution for both open-ended funds and private equity vehicles – all within a single, fully integrated solution.

PAXUS provides all functionality needed to provide third party fund administration services for all types of alternative fund or investment asset classes and continues to evolve in line with client demand and market needs, with new functionality continually added to the system.

An established market-leading product, PAXUS is also complemented by PAXUS-CONNECT an online portal providing a myriad of reporting and transaction tools, allowing fund managers and their underlying investors to access and query all transactional history and fund performance data securely.

All PAXUS software solutions can be hosted independently by customers or via a dedicated, secure, purpose-built vendor hosted platform - PAXUS-CLOUD, providing SaaS and hosting solutions.

PAXUS’ success mirrors that of its new and existing clients, which include the majority of industry leading specialist global service providers and the world’s largest independent fund administrator.

Looking to the future, Paul Kneen, CEO of PAXUS commented:  “Once again, we are delighted to announce another successful year for PAXUS and to thank each and every one of our clients for their continued support. Throughout 2024 we have continued to invest heavily in our technology, and I am pleased to announce that 2025 will see the launch of the first release of our browser-based version of the PAXUS application. This new PAXUS release incorporates a major upgrade of the front-end technology stack, which has been designed to enhance and future-proof the system for further efficiencies and connectivity improvements for the benefit of our valued global client base.”

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