This will include: trade processing and order management, fund accounting and administration, data management, investment accounting, daily cash and position reconciliations, risk management, performance measurement and end-client reporting, billing and servicing.
Hondros, president and CEO of AlphaOne, said he decided to outsource fund servicing functions to achieve greater infrastructure transparency, flexibility and scalability, particularly as AlphaOne continues to grow through acquisitions.
“As we went through the process, it was clear that no one could compare with SEI’s ability to integrate best-in-class systems into one seamless infrastructure that can scale with the changing needs of our business,” Hondros said. “We are growing quickly, having added top-quality investment teams and client assets to our infrastructure during our first year of business.”
