Bermuda on a tech roll

The funds administrator is upgrading its technology, particularly for hedge funds.

Bank of Bermuda is rolling out a number of modular technology services for its funds administration, trust, custody and asset management and banking services in Asia. Its immediate focus is to provide better service for the region's hedge funds, as the bank's legacy systems can't always meet their needs, says Simon Maclean, head of global fund services business technology in Hong Kong.

We are creating a global platform that can service the whole range of funds, he says,...

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