Oct 07, 2011
Citco Fund Services receives “Best in Class” awards in all categories of services and is “Top Rated” globally in Global Custodian’s 2011 annual Hedge Fund Administration and Private Equity Administration surveys
Citco Fund Services, the global leader in administration services in the alternative investment industry, has been ranked top rated across the board in the annual administration surveys of hedge funds and private equity firms conducted by Global Custodian.
Citco scored higher than its rivals in all categories of service and is top rated in all categories of funds. Clients in the HFA Survey also rated Citco highly in new service areas such as Middle Office, Risk Management and Client Reporting. The rankings clearly demonstrate Citco’s continued investment in its services and added capabilities in areas of collateral management, regulatory reporting and risk management.
Equally high scores were awarded for Citco’s services in the Private Equity space which propelled last year’s inaugural entry to the top of the league tables this year.
Global Custodian’s comments on the results included ‘No provider has as many clients as Citco, none gets more responses and, with average scores as close to perfection as this, the firm will not be worried by the competition either’.
“Such consistency suggest Citco is not relying on what one client calls a ‘great name’, but getting the balance right between the opportunities to automate afforded by scale and the need to tailor services to client needs”.