Apex Fund Services has launched a new technology division, Apex Technologies, to offer fund managers a suite of technology solutions and third party services including an order management system (OMS) and a portfolio management system (PMS).
The OMS, delivered through Apex Trade Manager, and PMS, through Apex Vision, are to be offered to any fund manager using Apexs services and also as a separate service.
Apex Technologies is partnering with organizations including Linedata, Pacific Fund Systems, Lazorne, Statpro, Newedge, Knight, RJ O Brien, EFG Hermes and Global Prime Partners to deliver the services.
The new OMS and PMS services are fully integrated with Apexs existing fund launch platforms, fund administration servicing and middle office functions. Apex now provides fund managers with seamless services ranging from pre-trade compliance, trade execution and portfolio management, right through to NAV, risk and UCITS reporting.
Peter Hughes, managing director, Apex Fund Services , said: The launch of Apexs OMS and PMS service is set up for two reasons. Firstly, to allow asset managers an affordable tool to ensure they meet the investable criteria of institutional investors. Secondly, to enable faster risk and performance reporting to our clients and their investors. Both products will be available to existing clients and potential clients across the globe via Apexs 29 international offices.
The launch of the PMS and OMS systems strongly positions Apex as the ultimate Total Fund Solutions provider, offering a complete and seamless range of fund services.
(JDC)