No fund administrator has made more acquisitions since the start of 2017 than Apex Fund Services. Christopher Mulhern, global head of acquisition integrations discusses the process of integrating multiple businesses and cultures into one united entity.
In January this year, former JP Morgan, State Street and Citi fund services veteran Chris Meader set up a new association for administrators, in a bid to promote collaboration and the sharing of ideas. He speaks to Global Custodian about the motives behind the association and what he is hoping to achieve.
The UK asset manager will consolidate its asset servicing relationships for its UK and Ireland fund ranges and use BNY Mellon as its sole outsourcing provider.
SS&C completed its acquisition of Citi and Wells Fargo Fund Services last year, and has since built on the fund admin business with a number of high profile deals.