Channel Capital selects PFS-PAXUS Fund Administration software

Channel Capital has announced the selection of PFS-PAXUS for the administration of its investment funds operations in Australia. Dan Longan, Director at Channel: ’After careful deliberation we have decided to deploy PFS-PAXUS to assist us in growing our investment solutions business. PFS-PAXUS is rich in functionality and the extent of automation in the system will allow us to increase operational efficiency and thereby allow us to spend more time focusing on our core capabilities’. Channel Capital offers global investment solutions to institutional and sophisticated investors through a number of underlying asset classes. Pacific Fund Systems (‘PFS’) is a leading provider of hedge fund administration software. PFS services over 70 client sites across multiple global jurisdictions with in excess of US$300bn of assets managed on PFS-PAXUS, PFS’s fully-integrated share registry, fund accounting and allocations platform.