Pacific Fund Systems Launches PFS-CONNECT for Web Reporting

Pacific Fund Systems ("PFS"), a leading provider of hedge fund administration software has launched its new web portal product, "PFS-CONNECT". PFS-CONNECT is a real-time web portal that allows investors, fund managers and other authorized third-parties to access PFS’ PFS-PAXUS fund accounting and administration platform. PFS-CONNECT communicates directly with the PFS-PAXUS database thus providing real time access to fund data, portfolio analysis, documents, graphs and much more. PFS-CONNECT is an asp.net application utilising Microsoft .net 4 framework. Ground breaking functionality in PFS-CONNECT includes the ability to deliver transparency to selected investors on a real-time or restricted basis and the ability of managers to approve NAV calculations and investor transactions on-line, with full integration into the PFS-PAXUS workflow module. PFS-CONNECT provides a straightforward and rapid upgrade path to web connectivity for existing PFS-PAXUS clients. Clients will benefit from its tight integration with PFS-PAXUS, and by avoiding the issues associated with operating multiple vendor applications. Graeme Vollemaere, Director of PFS, commented: ’I am very pleased that we have successfully delivered this exciting new capability to our clients. Transparency in our industry has never been more important and PFS-CONNECT now provides our clients with additional capabilities to meet the most stringent of transparency-related requirements’.