After years of expansion and success, Maples Fund Services needed to improve its fund reporting capabilities to support a growing roster of private equity funds and investors all over the world. Maples has a history of building proprietary technologies but wanted to roll out powerful new reporting tools quickly and in compliance with the regulations of various international jurisdictions, so it turned to FIS.
At a Glance
OBJECTIVEImplement powerful private equity fund administration and reporting technology.
RESULTSAfter an exhaustive investigation, Maples chose to implement the award-winning Private Capital Suite solution because not only was it the best in the category but it could also support the entire fund life cycle within a single platform. Maples included Digital Data Exchange in its upgrade as well.
Today, Maples Fund Services continues to make technology a strategic priority. Private Capital Suite's implementation has helped to improve the organization’s efficiency by integrating disparate functions, enhancing fund reporting and automating accounting. On the clients’ end, the ability to slice and dice fund performance data through Digital Data Exchange has been extremely well received.
We decided that to get to the next level, we needed to pick a best-of-breed technology to support what we were trying to do.”
Maples continues to work with FIS to streamline its reporting and improve regulatory compliance.