BISYS adds key hire to support global product development
BISYS Fund Services has appointed Paul Yelicanin as senior vice president of Product Development.
In response to heightened fund regulatory and compliance mandates, technological advancements, and evolving client needs, BISYS has recently introduced a number of new product offerings and enhanced services. In his new role, Yelicanin will support that momentum and help BISYS continue to augment its core mutual fund outsourcing services.
'Paul is a welcome addition to our global product development team,' says James Nolan, executive vice president of BISYS Fund Services. 'With his proven track record of introducing and implementing a number of key product innovations throughout his extensive industry experience, Paul is uniquely qualified to lead our domestic and international product initiatives.'
With over 20 years of experience in the financial services industry, Yelicanin joined BISYS following his nine-year association with PFPC. During that tenure, he served as vice president and managing director of Investor Services, responsible for global project management and business analysis, client desktop, internet and voice response technologies. Prior to joining PFPC, he was director of development and business analysis at Delaware Investments. Yelicanin also served in the US Marine Corps before embarking on his financial services career.
'BISYS is at the forefront of product innovations,' says Yelicanin. 'They take great measures to leverage client input through regular client advisory council meetings as well as through in-depth analysis of market research. It's great to be part of a forward-thinking organization that puts service excellence first and foremost.'
The recently launched BISYS offerings that Yelicanin will support in this new role include:
- BoardAssist - objective research and education services tailored to independent fund board members
- ComplianceEdge 22c-2 Solution - A total compliance, technology, and service solution for the recent SEC mandate
- AdministrationPlus - An enhanced administration service model with heightened transparency and oversight capabilities
Background notes: BISYS Fund Services is an industry-leading provider of outsourcing solutions for mutual funds, separately managed accounts (SMAs), and other investment programs, worldwide. Recognized by various industry publications and surveys for its service excellence and compliance focus, BISYS administers more than USD 400 billion in assets for approximately 2,000 portfolios. Its core offerings include compliance and regulatory consulting and oversight, treasury and financial administration, broker/dealer compliance, tax and legal services, fund accounting, distribution support, and transfer agency services. Investment managers of all types and sizes turn to BISYS for innovative and tailored solutions. BISYS Fund Services is a division of The BISYS Group, Inc's Investment Services group.
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