Fund Recs Strengthens Commitment To Indian Market With Strategic Executive Visit To Expand Partnerships And Drive Growth

November 13, 2024 Off By admin

Fund Recs, the Ireland-based leader in reconciliation and data transformation for the global funds industry, has announced an upcoming strategic visit to India from November 18th-21st. With stops in Mumbai, Kolkata and Bengaluru, the initiative focuses on strengthening ties with existing clients—including a key partnership with Apex Fund Services—and building brand awareness among potential partners within India’s rapidly expanding funds and asset management sector.

Fund Recs has established a robust presence in India, increasingly targeting the Funds & Asset Management sector. Its clients in India include a diverse portfolio of financial institutions, such as Fund Administrators, Transfer Agents, Fund Managers, Investment Managers, Auditors, Depositories, and Alternative Investment Funds (AIFs).

The executive team, including Chief Operating Officer Ciaran Walshe, Senior Sales Director Vickesh Shah, Head of Product Operations Simon Gillis and Client Solutions Supervisor Eoghan Carron, will engage in a series of high-level meetings and on-site client visits across the 3 cities. This visit reflects Fund Recs’ commitment to solidifying its footprint in India, where it already collaborates with industry leaders across their client base.

Ciaran Walshe, COO of Fund Recs said, “With India emerging as a pivotal market for global fund administration, we see immense value in bringing our innovative solutions closer to our clients here. This visit will enable us to deepen partnerships, enhance localized support, and showcase how our software can drive operational efficiencies for the Indian funds industry.”

A key focus of the visit will be reinforcing Fund Recs’ partnership with Apex Fund Services through dedicated on-site engagements at Apex’s offices in Kolkata and Bengaluru. This partnership underscores Fund Recs’ commitment to empowering fund managers in India with streamlined data management and automation solutions that drive operational excellence.

“We are thrilled to directly engage with the Indian market and foster awareness around Fund Recs’ solutions in data transformation and reconciliation. Our technology is designed to optimize and automate back-end processes, reducing reconciliation time by up to 90%. This visit is a testament to our commitment to supporting the growth and innovation of India’s financial services.” stated Vickesh Shah, Senior Sales Director.

The visit is supported by Enterprise Ireland, the Irish government agency dedicated to growing Irish businesses globally. Amit Raje, SVP, India and South Asia, Enterprise Ireland commented, “Fund Recs’ advanced solutions align well with India’s needs for innovation in fund management, making this expansion both timely and impactful.” With Enterprise Ireland’s vast network and industry insights, Fund Recs aims to establish a robust client support infrastructure, accelerate growth, and strengthen its role as a key player in India’s financial services landscape.

By leveraging Enterprise Ireland’s resources and expertise, Fund Recs aims to elevate its presence and reinforce its role in the Indian fund administration market, supporting the country’s rising demand for automation and innovation.

This visit underscores Fund Recs’ long-term commitment to India’s asset management sector, positioning the company at the forefront of support for India’s fast-developing funds industry through streamlined processes, improved service quality, and cutting-edge financial technology solutions.