Fund administrator Viteos has expanded its services to family offices following increased client demand and the need for operations support and accounting.
As family offices reassess their operating models, seeking to implement institutional-grade infrastructures, they are increasingly looking to external providers in lieu of hiring additional staff or purchasing new technology, Viteos says.
The firm offers end-to-end service solutions as well as data aggregation, reconciliation and valuation.
Our move into the family office space is a response to both opportunity and demand, says Shankar Iyer, CEO of Viteos. As we engaged in conversations, we saw an increased need to bring the kind of expertise, technology and service that we have traditionally provided to hedge funds and other asset managers to address the specific needs of family offices. With more than a decade of experience, Viteos is confident that the segment will benefit from our approach.
(CG)