Vistra, a provider of essential business services, has secured its authorisation from the Central Bank of Ireland to provide fund administration services from Ireland.
According to the provider, this move strengthens its presence in the Irish market and extends its global footprint in delivering fund administration services.
The team is supported by fund accounting software and Vistra’s bespoke investor servicing portal, VFunds, a fully integrated digital platform enabling investment managers, investors, and other related parties to receive the information they need in a fast, transparent and efficient way.
To support the expansion, Vistra Funds Services (Ireland) has appointed Aimee Gill, CEO and head of fund accounting, Paul McDonald, head of investor services and Jacqueline Evbodaghe, head of risk and compliance.
Benefits of outsourcing fund administration to a specialist
Cliona O’Faolain, managing director, Vistra Ireland, commented: “Ireland is an integral hub for the investment funds industry and an important gateway between our clients in the US, UK and Europe, as well as a jurisdiction increasingly on the radar of those based in Asia. The license enables us to better serve our clients across Vistra globally, strengthening our foothold within Europe and opening the Irish market so that we can contribute to the growth ambitions of new and existing fund clients.”
