Pacific Fund Systems wins 'Excellence in the Use of Technology' award

Pacific Fund Systems has won the 'Excellence in the Use of Technology' award at the 2018 Awards for Excellence. This success can be attributed to the award winning PFS-PAXUS system; a specialist investment accounting and fund administration software. The system fully supports the NAV calculation and shareholder servicing administration for all types of alternative funds, including hedge funds, private equity, and managed account investment vehicles. PFS’ software continues to completely re-engineer the work processes of fund administrators across the globe by providing innovative solutions that replace multiple systems with one comprehensive, fully-integrated solution with customer web access built into its core. PFS’ product offering is complemented by a highly skilled and knowledgeable team, who each have extensive knowledge gained from many years’ experience of fund administration operations. This exceptionally strong combination of award-winning products alongside exceptional support allows PFS to deliver an innovative and dynamic set of products to its core target market. Looking ahead, the fund administration sector continues to rapidly change as more and more demands are placed upon administrators to comply with ever increasing regulatory and reporting requirements demanded by clients, investors, regulators and tax authorities. As such PFS has invested time and resources to analyse the ways in which the needs of fund administrators have changed and will continue to change, and continues to develop functionality that will assist administrators to meet these additional demands and responsibilities that are placed upon them. Importantly, PFS constantly monitor the industry to identify what adaptions are in view and seek to ensure solutions are in place by or before they are demanded by administrators – therefore helping to retain its enviable position as the software supplier of choice for the fund administration industry. In line with the aim of staying ahead of current technological trends and optimising the efficiencies they create, PFS has taken advantage of developing Cloud technology to offer a fully managed Software hosting and IT infrastructure service giving new and existing customers a multitude of implementation and licensing options to choose from. PFS is committed to continuing to build upon this client focused, technology led ethos, to support its strong market position, both now and into the future.