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, noting the initiative began in the United States and has spread to Europe and now Asia.

Whereas some of its competitors tend to build proprietary systems to handle everything, Bermuda has opted to...

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222