16th September 2013
Centaur Fund Services, the leading independent fund administration, middle office and regulatory solutions company, announces the launch of an Open Protocol Enabling Risk Aggregation (“Open Protocol”) compliant reporting solution for asset managers and investors.
Open Protocol is a standardized risk and exposures reporting framework which enables fund investors to compare and aggregate their portfolio exposures from investments in alternative funds.
Investors and leading investment consultants are increasingly insisting on Open Protocol reporting as it fast becomes the industry standard for transparency reporting for alternative funds.
Eric Bertrand, Founding Partner and Head of Client Service at Centaur, comments:
“Centaur has always been committed to developing solutions which address our clients’ ever evolving needs and with the growing adoption of Open Protocol investors and managers are demanding a seamless, painless and cost effective solution. Centaur is known for embracing industry developments and is at the forefront of delivering these solutions to our clients and the industry.”