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Treppides conducts deal with SAGE Group SA

Posted on: February 24, 2015

Treppides conducts deal with SAGE Group SA

Upgrades in the field of Investment Fund Administration

Lausanne, 24 February 2015 – Treppides Fund Services has recently gone ahead with the conclusion of two very important agreements as part of its expansion of operations. According to the company, these deals mirror its prominent position as a service provider in the field of Investment Funds.

One of the agreements pertain to the Prospero Fund software for the provision of administration services and accounting valuations for Investment Funds. The agreement was signed with Swiss company SAGE Group SA, which is one of the top software system providers and which has great experience in Mutual Funds, fund management, and custodian companies for the provision of the Prospero Fund software.

The Prospero Fund software is based on a powerful platform which allows users to manage the investment fund’s assets in the most optimal way. The software has been designed for the effective and simple automation of all functions, including transactions, corporate actions and investor record keeping. Furthermore, it ensures compliance with all the international rules and regulations that govern investment funds.

 

SAGE Group SA CEO Jean-Luc Freymond expressed his satisfaction at the conclusion of the agreement between Treppides Fund Services Ltd and SAGE Group SA by saying:

”We are thrilled to welcome Treppides Fund Services in the Prospero users’ community and assist them with their ambitious growth objectives. Prospero’s unique modular design that integrates rules and workflow engines make it possible for smaller Fund Administrators such as Treppides Fund Services to benefit from a robust system otherwise only accessible to very large institutions. After completion of the short implementation project, the new system will let Treppides Fund Services serve their clients with the level of excellence and reliability that they can only expect from the best Fund Administrators.”

 

Andreas Yiasemides, Partner at Treppides Fund Services Ltd mentioned the following:

“The company has invested in a specialized system, through its effort to offer the best service possible in Mutual Funds. The field of Mutual Funds is developing at a fast pace in Cyprus and Treppides Fund Services Ltd, as a leading service provider in the field, remains dedicated in its efforts for continuous reinvestment, both in the software and human elements, in order to maintain its development as the leading Administrator of Investment Funds.”

 

Treppides Fund Services Ltd was founded in 2012 with the prospect of providing professional services of the highest level in a wide range of Investment Funds. The company provides a plethora of services such as design, tax structure, application authorization preparation, accounting services, compliance services, advisory services and other investment fund services. With the addition of the new software, the company aims to provide an even higher level of services and to ensure that all mandatory procedures are in place. The deal will confirm the professionalism and reliability of the company as a leading service provider in Investment Funds.

 

*This article was originally published in Greek at IN Business News on 11th February 2015. Published text translated in English has been adapted for its significance to SAGE Group SA.


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