The Maples Group Recognised at US Alt Credit Performance and Services Awards

The event was held at New York’s Metropolitan Club by HFM Global, a leading publication and information provider for the alternative asset management industry. The Maples Group was among more than 30 winners recognised throughout the evening for ingenuity in providing the debt and credit segment of the asset management industry with market-leading solutions, as well as to high-performing asset management firms themselves. The award commends our alternative investment fund management company solution, which works in coordination with the Group’s myriad offerings including fund administration, fiduciary and legal services.

Complying with global anti-money laundering (“AML”) standards continues to be a key issue for the industry. Increased regulatory focus and the implementation of aggressive international sanctions makes AML compliance even more important for firms that establish structures that are subject to AML legislation in the jurisdictions where they are domiciled. Know-Your-Client (“KYC”) information is required in order to comply with these regulations, and processes for the collection and analysis of such have become more intricate.  In order to remain investor-friendly, the approach to obtaining and managing investor data needs to be modified to minimise friction. The Maples Group full service solution provides an extensive range of services for clients looking to meet their compliance obligations. In addition, having the expertise of our legal services team builds in another level of reassurance.

“We are pleased to have once again been recognised for our cutting-edge compliance technology,” Global Head of Fund Services Tyler Kim said, commenting on the award. “Alpha is our proprietary investor KYC system with a rules engine and workflow automation to streamline data collection. Complementary platforms such as Origin, our FATCA and CRS reporting platform, serve more than 77,000 accounts to regulators across seven major jurisdictions. These platforms demonstrate the Group’s commitment to investing in technology to ensure operational excellence, reporting and data management.”

The Maples Group was also recognised this past June in Global Custodian’s 2021 Innovation Awards for achievement in regulatory and compliance solutions. With our focus on delivering tailored and dynamic platforms and by bringing together professionals across a variety of disciplines, it enables us to deliver an offering to investment funds for regulatory compliance that is second-to-none.