Opus Fund Services has now surpassed 1,000 digital subscriptions completed on its proprietary fund administration platform, which aims to accelerate and automate alternative investment managers’ capital raising efforts.
According to a press statement, with a first-time completion rate of 96%, versus the 9% rate for traditional paper-based fund subscription processes, Opus digital subscriptions are 100% paper-free, natively support any fund structure, and benefit investors by using smart automation workflows, intuitive guided navigation tailored to each investor’s specific AML/KYC requirements. Fund managers receive end-to-end transparency throughout the investor onboarding process.
Mike Canni, Chief Operating Officer at Opus, commented: “Fund managers of any size or strategy can easily configure a centralised investor portal, integrated data room, and fully compliant digital onboarding process for their investors using the secure, cloud-native Opus platform.
“Opus simplifies the capital raising process so our clients can focus on managing their investor relationships and portfolios.”