PFS, a leading supplier of global fund administration software via its award-winning product, PAXUS, provides a combination of services to clients including implementation services and ongoing support. PAXUS fully supports the entire back-office fund administration of all types of open and closed ended alternative funds, including fund accounting and transfer agency in a single, automated, and fully integrated solution.
DTOS Ltd has opted for a full SaaS PAXUS-CLOUD deployment model, which allows their Funds and Financial Institutions team to benefit from a fully secure vendor hosted solution, with staff able to access PAXUS from anywhere in the world, secure in the knowledge all data is managed 24/7 in a highly secure environment, and that all upgrades, continuity and ongoing maintenance will be taken care of by PAXUS’ experts.
Commenting on the successful adoption of PAXUS by DTOS Ltd, Paul Kneen, CEO of PFS added, “We are excited to welcome DTOS Ltd as one of our newest adopters of PAXUS. We firmly believe there is currently no better multi-functional market-wide product that can compete head on with PAXUS’ offering as a comprehensive fund administration solution, and we look forward to helping the DTOS team to service the unique needs of investment managers, asset sponsors and investors using our PAXUS system.”
Jimmy Wong, CEO of DTOS Group, commented: “We are extremely enthusiastic about what the adoption of PAXUS means for our future strategic development. Over the last thirty years we have placed client service at the forefront of our operations and this latest implementation is in line with our quest for continuous enhancement of our delivery capabilities. I would like to thank the PFS team for their collaborative and constructive approach during the implementation process.”
DTOS Senior Manager Funds and FI, Ashwin Beegadhur, stressed: “The acquisition of PAXUS as our fund accounting software represents a significant step forward in enhancing our operational efficiency. With its robust features and advanced automation capabilities, PAXUS will streamline our accounting processes, improve consistency, and allow us to deliver even greater value to our clients”.
Pacific Fund Systems services a continually expanding international client base with more than US$1.5 trillion of assets managed globally on PAXUS.
For more information on DTOS Group, please contact: LHow@dtos-mu.com