Compliance

London Hedge Fund Platform Signs Compliance Contract

Tom Burroughes Deputy Editor London 4 April 2008

London Hedge Fund Platform Signs Compliance Contract

London-based PCE Investors, an infrastructure platform for hedge funds holding $1.4 billion of assets, has chosen MIG21, an automated compliance system provided by the German-based company Aquin International. The financial size of the contract was not disclosed. Funds are increasingly under pressure to give clear and quick information about their performance and strategy to investors, a trend also pushed by growing regulatory pressure on the industry. “PCE Investors and Aquin can now provide PCE’s clients with the full range of support from its institutional scale operating environment whilst ensuring they are able to meet current and future needs of both regulators and retail clients via Aquin’s technology,” the companies said in a statement.

Register for WealthBriefing today

Gain access to regular and exclusive research on the global wealth management sector along with the opportunity to attend industry events such as exclusive invites to Breakfast Briefings and Summits in the major wealth management centres and industry leading awards programmes