The founding partners of Orical have launched Reliance Hub, which assists private fund managers and other companies in maintaining compliance and operational programmes that represent industry best practices.
Romulad Beneche, formerly of Citigroup Fund Services, has been hired as a director of Reliance Hub operations.
"We are dedicated to clients who apply the highest business and ethical standards to their operations and who wish to raise the bar when it comes to compliance," says Beneche. “All of our professionals have extensive experience working within the senior management of large private fund managers, which enables Reliance Hub to provide business-savvy solutions. We provide leading-edge compliance software to enable our clients to automate compliance programs and achieve their operational goals."