Announcements Maples Fund Services Celebrates 10 Years of Excellence
07 May 2015
Since commencing operations in the Cayman Islands in 2005, Maples Fund Services has grown to become a recognised global leader in the provision of fund administration and accounting services to an international client base comprised of top tier financial institutions, fund managers, institutional investors and high net worth individuals.
"This is a proud moment for our firm. I would like to thank all of our clients for their continued commitment and support," said Toni Pinkerton, Global Head of Fund Services at Maples Fund Services. "Of course, our success has very much been a team effort and every member of staff has played a part in our achievements. Our teams in Asia, Cayman, Europe, the Middle East and North America have all contributed to our success across their respective jurisdictions, navigating tough economic climates, increasing regulation, new office openings, expansions and acquisitions.
Now in her fifth year as Global Head of Fund Services, Pinkerton has been with the firm since its inception and has been integral to its growth and success. In April 2015, Pinkerton was joined at the helm by Tyler Kim, Maples Fund Services’ Chief Information Officer, who took on the additional role of co-Global Head of Fund Services in recognition of the accelerating importance of technology to fund services globally. "Over the past decade, Maples Fund Services has grown from strength to strength, establishing a presence across all major financial jurisdictions and gaining the respect and trust of our clients and peers," said Kim. "I am excited to join Toni as a Global Head as Maples Fund Services continues to excel, particularly in the areas of technology and regulatory reporting. Our value-added services are becoming evermore important to our clients and only further differentiate Maples Fund Services among its competitors."
Maples Fund Services' strong performance has been consistently acknowledged in the market. The firm has been named an Institutional Investor "Tech 50 Firm" three years in a row. Additionally, over the past year, it has been awarded "Best European Fund Administrator – under $30 billion single manager," "Best European Fund Administrator – small and start-up firms," "Best US Administrator – under $30 billion client service," "Best Asia Administrator – under $30 billion overall" and "Best Asia Administrator – under $30 billion fund of hedge funds" by HFMWeek as well as "Best Fund Administrator – private equity" and "Best Fund Administrator – sharia compliant funds" by MENA Fund Manager.
As part of the Maples group, the combination of fund and fiduciary services offered by MaplesFS, by way of Maples Fund Services and Maples Fiduciary, alongside the legal expertise offered by leading international law firm Maples and Calder, is being recognised by the industry as a formidable combination and a welcome alternative to the bank custodian or private equity backed administration model.
"Our reputation for excellence and innovation continues to grow and we look forward to building on this in the future," said Scott Somerville, Chief Executive Officer of MaplesFS. “We are not only proud of what we have achieved over the past decade but also excited about what the next 10 years hold for us, as we continue to build out our world-class service offering and provide solutions to help our clients succeed."
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