SS&C GlobeOp Gains UK Regulatory Approval for Depositary Lite

The depositary had been running under transitional approval until the FCA granted full authorization.

SS&C GlobeOp has gained full UK Financial Conduct Authority (FCA) approval for its Depositary Lite service, the provider has announced.

Depositary Lite assists with helping fund managers located outside of the European Economic Area comply with Alternative Investment Fund Managers Directive (AIFMD) obligations, and handles functions in areas such as asset verification, cash flow and oversight.

"We have been operating as a Depositary 'Lite' under the transitional provision for a number of months and we are delighted to now receive our full authorization," says Des Pierce, senior director at SS&C GlobeOp.

  • LinkedIn  
  • Save this article
  • Print this page  

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: