Global Custodian Results 2011 – Quintillion survey findings
Release Date: 23 August, 2011
Dublin, 23 August 2011 - The 2011 Global Custodian survey has been released and Quintillion is delighted with the responses and feedback it has received from our clients. Once again the survey re-iterates Quintillion’s commitment to providing excellent levels of service through a combination of experienced staff aligned with superior technology.
This survey is internationally recognized as the leading benchmark of the hedge fund industry which covers over 1,000 hedge fund managers trading all fund types and strategies. Key components of this survey include areas such as technology, client service, investor reporting and product offering.
Some of the client commentary which accompanied the survey results describing service levels was very complimentary. “Very smart people who take real pride in the work they do, which comes across in the excellent level of service,” writes one. “Because of their attention to detail, I know I can trust them and never have to chase them up on anything” said another.
Other client commentary noted Quintillion’s superior technology platform. “Quintillion has built a solid STP system and has maintained it well over the last few years” writes a client. The survey also noted that “Unlike some providers in this survey, the fine scores in almost every field are undeniably real, being based on nearly four-fifths of the client base, two-thirds of which also rated the firm last year. Tighter integration of its Paladyne data, HWM ManTra and Advent Geneva fund accounting systems, plus real-time access to the NAV process from trade capture to investor statements, earns the firm excellent scores in both investor services and fund manager reporting.”
The survey also noted that client numbers are up by a fifth and assets under administration by a quarter in the last year.
Commenting on the survey results, Joan Kehoe CEO said: “This year’s survey responses represent another outstanding year for Quintillion outperforming global benchmark scores and achieving best in class in all rated categories. We appreciate our clients feedback as always and will utilise this to drive our product development in the coming year which will enable us to continue to deliver exceptional service.”
Quintillion is a leading, independent hedge fund administration company, providing clients with integrated middle and back office services. Further information: www.quintillion.com
Head of Business Development – Quintillion Limited
Phone: +353-1-5238003 / Mobile: +353-87-131 9552