Opus Fund Services achieved a significant milestone in accelerating and automating alternative investment managers’ capital raising efforts, surpassing 1,000 digital subscriptions completed on its proprietary fund administration platform.
With a first-time completion rate of 96%, versus the 9% rate for traditional paper-based fund subscription processes, Opus has enhanced the investor experience while eliminating manual errors and frustrating back-and-forth communication between fund managers and their investors.
“Fund managers of any size or strategy can easily configure a centralized investor portal, integrated data room, and fully compliant digital onboarding process for their investors using the secure, cloud-native Opus platform”, says Mike Canni, Chief Operating Officer at Opus. “Opus simplifies the capital raising process so our clients can focus on managing their investor relationships and portfolios.”
Opus digital subscriptions are 100% paper-free, natively support any fund structure, and benefit investors by using smart automation workflows, intuitive guided navigation, and frustration-free experiences tailored to each investor’s specific AML/KYC requirements. Fund managers receive end-to-end transparency throughout the investor onboarding process.
“Opus is committed to helping support and scale our clients’ own strategic initiatives, including adoption of innovative technologies; digital transformation strategies; and mitigating operational risk,” explains Mike. “Opus digital subscriptions have evolved the investor onboarding process from error-prone to accurate and frictionless, contributing to a high-quality experience for investors with their fund manager.”
Mike Canni, Co-Founder and Chief Operating Officer, Opus Fund Services – Mike Canni has been an integral part of Opus Fund Services as a co-founder since 2009, leading the development of its award-winning fund administration technology platform. With previous global onboarding roles at Citadel, Bank of America, and Spectrum, Mike brought a wealth of experience in operational leadership to the company. Under Mike’s direction, Opus’ platform was built from the ground up, enabling seamless client and investor access through a secure, cutting-edge online portal. His focus on innovation has driven the platform’s continuous expansion, earning it dozens of industry awards and distinguishing the company as a leader in hedge fund administration technology. A firm believer in empowering talent, Mike’s leadership philosophy centers on hiring the best people and giving them the freedom to innovate. This approach has fostered a dynamic tech team responsible for the platform’s ongoing success. Alongside his technical expertise, Mike contributes to shaping the company’s strategic direction, helping ensure that technology and client service remain key drivers of Opus’s continued success.
About Opus Fund Services: Established in 2006, Opus Fund Services is an award-winning independent and privately-owned full service global fund administrator providing automated, integrated middle and back-office administration services to hedge funds and asset management firms. Opus Fund Services has offices in Bermuda, New York, Chicago (Naperville), San Francisco (Brentwood), Austin (Texas), Manila, Halifax, Dublin, Enniscorthy, Cape Town, and Mauritius. Opus Fund Services (Bermuda) Ltd. is regulated by the Bermuda Monetary Authority under the Fund Administrator Provider Business Act 2019. For further information see www.opusfundservices.com or contact one of our offices.
