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Gryphon Fund Group selects FundGuard for primary accounting book of record

by Piyasi Mitra
22 May 2024
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Gryphon Fund Group, LLC the Ohio-based fund administrator providing back-office service for private and registered investment funds, has selected FundGuard, an AI-powered SaaS platform for investment management and administration, as its primary accounting book of record (Abor) for its open-end fund client base.

According to the group, FundGuard’s intuitive, low-touch and cloud-native SaaS platform is designed to support the complex needs of today’s asset servicers, including real-time processing, all-in-one multi-book and multi-asset class capabilities and compliance with evolving regulatory requirements. Additionally, the move ensures transparency, scalability, and operational resilience in support of its growth plan.

FundGuard sponsors Funds Europe Awards 2024 After Party

Chris MacLaren, CEO, Gryphon, said: “Our selection will empower us to streamline our operations while further enhancing our service offerings and bringing back a boutique approach to servicing clients – a speciality that has been lacking in our industry of late.”

According to Lior Yogev, CEO and co-founder, FundGuard: “Our unique technology is built to drive innovation and efficiency, and we look forward to seeing Gryphon harness these benefits to achieve success.”

“The ease and speed at which we were able to go live with FundGuard underscores the value of their proven methodology and the true benefits of advanced cloud-native technology,” said Gordy Jones, president, Gryphon.

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