Olympia Capital (Ireland) Limited has licensed Comada’s M A T share software for use within its fund of hedge funds administration business.
The Dublin-based specialist administrator caters to almost $10 billion in fund assets, and decided to utilise M A T share to help it take its existing culture of high touch service provision to the next level.
“In this high touch area of the fund services business, a generic product simply will not do,” says John Walley, CEO of Olympia Capital in Dublin. “We chose M A T share because it is a specialist product, designed for a highly specialised area of the hedge fund investment business.”
Rupert Vaughan Williams, co-founder of M A T share developer Comada adds: “Funds of hedge funds are the fastest growing area of the hedge funds business. Service providers of these funds have found that as their clients grow considerably larger, they are seeking operational efficiencies that can only be scalable if they make use of robust and tailored technology solutions.”