Trustee company MSC Group has launched a fund administration platform, called MSC Abacus.
MSC Abacus provides fund registry, reporting and accounting for capital managers. MSC Group said all services offered by MSC Abacus can be white-labelled and can be tailored to meet specific requirements of managers and individual capital structures.
"In launching MSC Abacus, we are seeking to address a broader market need for high-quality administration services that provide ultimate flexibility for clients, no matter how their capital is structured or the level of transaction activity," MSC Group managing director, Mr Matthew Fletcher, said
The service is available for both fund managers with their own internal trusteeship structure and those using external trustee firms. Users can pick and choose specific services within the platform and can contract directly with MSC Abacus.