Client Story

World-Class Fund Administration from Day One

Empowering Ultimus

Based in Cincinnati, Ohio, Ultimus provides comprehensive mutual fund administration and middle office services to investment advisers. Since Ultimus' founding in 1999, FIS® Investment Accounting Manager (formerly InvestOne), a fund administration solution, has played a key role in helping the firm to grow rapidly and solidify its current position as a top-rated fund administrator.

At a Glance

Provide “best of breed” fund accounting, administration, reporting and reconciliation
FIS has worked hand-in-hand with Ultimus to smartly manage its growth, deploying administration tools across multiple new offices and sites to support daily fund processing for the firm’s clients, while minimizing IT complexity and spend.


Nearly 20 years later, the partnership between Ultimus and FIS is stronger than ever. With FIS’ continued investment in its core fund accounting platform, Ultimus has been able to develop and offer middle-office outsourcing services to its customers.

Growth in AUA, 2014-2017

Growth in funds administered, 2014-2017

Customers now served

From a partnership perspective, [FIS] has been great. They’ve got world-class technology and they’ve got world-class service. They’ve helped us become one of the best service providers in the fund industry. We couldn’t be happier with FIS as a partner.”
- Bob Dorsey | CEO, Managing Director, Ultimus Fund Solutions

Together, FIS and Ultimus are exploring new ways that the firm can deepen its client relationships by delivering high-touch service supported by “best of breed” technology.