Client Story

Beyond Hockey Stick Growth for an Upstart Fund Administrator

Empowering Centaur Fund Services

Founded in Dublin in 2010 with just one client and $200 million in assets under management (AUM), Centaur Fund Services had brave aspirations for its hedge fund services business–but it needed efficient, agile operations to support its growth ambitions. With FIS InvestOne powering its fund accounting and administration, Centaur was able to scale quickly, enter new markets, and manage complex asset classes and hybrid fund structures, while meeting increased demands for transparency and risk mitigation.

At a Glance

Objective
Automate and reduce the costs of fund administration and allow for rapid expansion.
Results
Centaur has gained speed and efficiencies while reducing its administrative costs. Above all, Centaur is confident in knowing that FIS has the scale and skills to support the firm’s continued rapid expansion, as a partner in digital and analytics.

Impact

From 2010 to 2016, Centaur’s client base grew to include 35 groups, ranging from some of the world’s largest institutions to boutique managers, and its AUM increased to more than $15 billion.

new clients

x

INCREASE in assets under management

%

client retention

Through our partnership with FIS, we have been able to enter new markets, manage complex asset classes and offer hybrid and more complex fund structures, while at the same time meeting the demand for transparency and risk mitigation.”
- Antonio Frias | Head of Operations, Centaur Fund Services Limited

FIS and Centaur are forging ahead with their technology partnership end Centuar is benefiting from FIS' continued investment in and expansion of the InvestOne platform. The firm now delivers the best-rated client experience in the industry.