Estlander selects SEI to provide hedge fund outsourcing
Estlander & Partners has selected SEI to provide operational outsourcing services for the firm’s hedge fund business.
With a strong institutional investor base, Estlander sought an outsourcing partner with a proven institutional-quality infrastructure as well as the ability to provide daily reconciliation to support the firm’s systematic trading strategies.
This is the latest in a series of wins for SEI as more investment managers seek premier outsourcing providers that can provide them with the transparency, insight and support to make better decisions, eliminate risk, and provide valuable, accurate and timely information.
SEI will provide Estlander with a comprehensive suite of back-office services including fund accounting, fund administration, and investor servicing. SEI will provide its services in a straight-through-processing environment with an automatic reconciliation tool designed specifically for reconciling high transaction volumes with CTAs and brokerage firms. Estlander will utilise SEI’s Manager Dashboard reporting platform to gain flexible, transparent, and aggregated views of its data. The firm will also use SEI’s Investor Dashboard, an investor-focused reporting platform that facilitates greater communication and transparency with investors. SEI’s institutional-quality infrastructure, its high-quality investor servicing and its ability to provide daily reconciliation for systematic trading were pointed to as key factors in the selection process.
“As we continue to expand our business throughout Europe and the US, having an outsourcing partner such as SEI that has a global reputation, innovative technology and specific expertise in our trading strategy is critical,” says Martin Estlander, Chief Executive Officer and Chief Investment Officer of Estlander & Partners. “Executing high-frequency trading strategies, we needed a top-quality and robust infrastructure to support daily reconciliation in a high-volume environment while also providing the scalability and the expertise we need as we continue to grow our business. SEI proved to offer just that and we are excited to team with a strategic partner that brings so much to the table at such an important period in our business.”
"Providing an exceptional investor experience is core to our offering and a main reason why our technology was compelling to Estlander,” says Philip Masterson (pictured), Senior Vice President and Managing Director, SEI’s Investment Manager Services division. “We’ve invested heavily in our technology and our integrated operating platform to deliver a high degree of automation, risk controls and transparency that not only help our investment manager clients, but also provide comfort and an enhanced experience for Estlander’s investors. We’re excited to partner with Estlander to help the company drive greater efficiencies, attract more institutional clients, and continue to grow its systematic trading business.”
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