Apex Employs Fund Performance Analytics From StatPro

Apex Fund Services moved its headquarters from Bermuda to the Dubai International Financial Center in 2006.

Fund administrator employs cloud technology for portfolio analytics.

Apex Fund Services has employed cloud-based portfolio analytics software from StatPro to offer to its fund manager clients.

"This is the first time that fund administrators have been able to deliver fund performance analytics to their customers using cloud technology," says Justin Wheatley, StatPro's group chief executive. "Asset management users are already experiencing improved communications with end-investors and this is proving extremely valuable, particularly in an environment which demands increased transparency to help comply with regulations, as well as performance measurement."

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