First Plus Asset Management (FPAM) has selected SS&C Technologies to provide comprehensive cross-border operations support across the Asia-Pacific region. This expansion aims to manage increasing operational complexity as the multi-asset investment firm scales its international footprint. The partnership focuses on modernizing investment operations and bolstering cross-jurisdictional compliance through an integrated, scalable service model.
SS&C Integrated Investment Operations for FPAM
The engagement involves SS&C providing a full investment lifecycle solution to support FPAM’s growing cross-border operating model. This includes transfer agency, order management and execution, and investment accounting. Specifically, SS&C will provide transfer agency services in Thailand to assist with investor servicing and recordkeeping. By leveraging these integrated offerings, FPAM intends to optimize workflows and manage portfolio exposures more effectively. The solution is designed to assist front-office teams with trading, investor accounting, and reconciliation processes, while providing access to integrated automation capabilities to manage complex fund vehicles and diverse investor requirements.
Scaling Cross-Border Compliance and Asset Management
As FPAM expands, the firm is utilizing SS&C’s global footprint to manage approximately $200 million in assets under management. The partnership is positioned to address the rising demand for cross-border operations and compliance support in a globalizing asset management market. According to Jeb Li, Co-Founder and CEO at First Plus, the integrated solution allows the firm to focus on scaling quickly and securely while maintaining client service standards. The implementation focuses on streamlining the processes required to manage complex fund structures and ensuring robust compliance across multiple Asian jurisdictions through a scalable, global ecosystem.
Key Takeaways
- SS&C will provide transfer agency, order management, and investment accounting services to FPAM.
- The partnership supports First Plus Asset Management in managing roughly $200 million in assets under management.
- SS&C will specifically provide transfer agency services in Thailand to support investor servicing.
TechInsyte's Take
In our view, this expansion signals a growing necessity for mid-sized asset managers to adopt integrated, globalized infrastructure to handle cross-jurisdictional complexities. By outsourcing the full investment lifecycle to SS&C, FPAM is prioritizing operational scalability over building bespoke internal systems. This move suggests that as firms manage more complex fund vehicles in the APAC region, the ability to automate reconciliation and compliance through a single provider becomes a critical strategic requirement for maintaining risk-adjusted returns.
Source: BUSINESSWIRE
