{"id":38713,"date":"2013-10-18T14:00:04","date_gmt":"2013-10-18T18:00:04","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=38713"},"modified":"2013-10-18T14:00:04","modified_gmt":"2013-10-18T18:00:04","slug":"custom-house-launches-gateway-for-us-hedge-fund-sector","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2013\/custom-house-launches-gateway-for-us-hedge-fund-sector.html","title":{"rendered":"Custom House Launches Gateway for US Hedge Fund Sector"},"content":{"rendered":"<p>Hedge fund service provider, Custom House Global Fund Services, has announced the official launch of Custom House Gateway, a web based portal that connects fund servicing with solutions across the middle and back office, designed specifically for US alternative investment managers.<\/p>\n<p>\u201cThe US hedge fund industry is growing fast globally, adding $150 billion in assets under management in 2013. At the same time, fund managers face unprecedented pressure on costs from regulatory compliance, comprehensive due diligence, and other operational expenses. We have made the strategic decision to expand our operations in the US and Custom House Gateway is a new offering devised for US asset managers of all sizes, but particularly emerging managers who face higher cost to income ratios,\u201d said Mark Hedderman, CEO, Custom House Global Fund Services Ltd, which recently opened a New York office and has eight global locations, with over $40 billion of assets under administration and 200 staff.<\/p>\n<p>\u201cTechnology and infrastructure is a huge burden for today\u2019s fund managers who must demonstrate an institutional quality business during operational due diligence to raise new capital mandates. To allow managers to succeed, we are launching Custom House Gateway; an innovative and scalable approach to alternative asset operations that investment firms can leverage to, not only cut costs, but will grow with their reporting and regulatory requirements. Gateway is a complete solution that is designed to handle industry complexities, including accommodating multiple prime brokers, multiple asset classes and a broad range of investment strategies and products,\u201d said Scott Price, Regional Director and Head of Sales, Custom House Global Fund Services (Chicago) LLC.<\/p>\n<p>\u201cWe have invested in a state-of-the-art, proprietary platform that extends our operational delivery and services locally. Custom House Gateway offers efficiencies, convenience and simplicity for handling daily portfolio reporting, month-end NAVs, risk analytics and a breadth of functionality, allowing investment managers to concentrate on trading and growth,\u201d said Chris Rakers, COO, Custom House Global Fund Services Ltd.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hedge fund service provider, Custom House Global Fund Services, has announced the official launch of Custom House Gateway, a web based portal that connects fund servicing with solutions across the middle and back office, designed specifically for US alternative investment [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-38713","post","type-post","status-publish","format-standard","hentry","category-press-releases"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/38713","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=38713"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/38713\/revisions"}],"predecessor-version":[{"id":38714,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/38713\/revisions\/38714"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=38713"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=38713"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=38713"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}