Multifonds, a provider of single platform multi-jurisdictional investment fund software, has released the latest version of Multifonds Transfer Agent, v3.60.
The release includes 12 extensions to the hedge fund, performance fee equalisation and series of share functionality.
For example, it includes extensions to dividend distribution capabilities for equalisation or series of shares funds, as well as the ability to on-board funds between crystallisation periods by catering for the migration of performance fee history.
Keith Hale, global head of transfer agency at Multifonds, says: “We have been working closely with several fund administrators that had previously run legacy in-house systems, and moving them onto Multifonds Transfer Agent. As a result we are consolidating the processing and supporting platforms of their hedge and Ucits funds.”