Alternative investment firm Värde Partners has selected SS&C GlobeOp to provide operational and fund administration services and related technology applications to several strategies and funds.
“Värde is committed to leveraging technology to digitize processes, support controls, and empower our organisation with data,” says Brendan Albee, Chief Operating Officer and Senior Managing Director, Värde Partners. “We are also keenly focused on partnering with service providers who can complement our efforts to meet the needs of our investors. We selected SS&C GlobeOp as our partner because of their unique combination of customised services and integrated technology solutions.”
After a competitive due diligence process, Värde chose SS&C GlobeOp for its proven services aimed at complex, hybrid structures.
“We are pleased to be selected for such a prestigious mandate by Värde,” says Bill Stone (pictured), Chairman and Chief Executive Officer, SS&C Technologies. “We view this deal as a validation of the investments in technology and expertise we’ve made in our fund administration business, including the process automation of complex entities and hybrid fund structures.”