AI Fund Awards 2017

14 Acquisition International - International Fund Awards 2017 dynamic set of products to its core target market; independent fund administrators. Looking ahead, the fund administration sector is changing quite rapidly, as more and more demands are placed upon administrators to comply with ever increasing regulatory and reporting requirements demanded by the world’s regulators and tax authorities. As such PFS have invested time and resources to analyse the ways in which the needs of fund administrators have changed and will continue to change, developing functionality which will assist administrators to automate areas of the additional responsibility 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. Additionally, in line with the aim of staying ahead of current technological trends and the efficiencies they create, PFS is currently enhancing its offering with the planned delivery of PFS-PAXUS via the cloud, as a PFS hosted solution, targeted for launch in 2017. The existing ‘client hosted’ model will continue to be offered in parallel with PFS-CLOUD, providing new and existing clients with an enhanced range of hosting options. As such, PFS-PAXUS and PFS- CONNECT will be able to be rapidly deployed in the cloud delivering an alternative hosting option for clients looking to use best of breed hosting, set up and technical support for PFS-PAXUS, PFS-CONNECT and related interfaces. PFS- CLOUD will also offer existing and future clients the opportunity to mitigate IT costs, improve flexibility to scale software usage and increase focus on core business activities without compromising security or user experience. The PFS-CLOUD initiative will allow PFS to manage the PFS-PAXUS environment in the cloud, working directly with leading global data hosts. Services will include new release updates, interface maintenance and environment tuning. With the number of interfaces expected to grow in scale and complexity it will make technical and financial sense to have PFS experts managing the PFS-PAXUS technology environment on behalf of clients, in turn allowing those administrators to focus on their core business. PFS is committed to continuing to build upon this client focussed, technology led ethos, to support its strong market position, both now and into the future. Pacific Fund Systems Limited