Fund Recs Announces New Partnership to Automate Reconciliations and file processing at Curo Fund Services

Dublin, 10th March 2020 - Fund Recs today announced that it will provide Curo Fund Services, South Africa’s largest third-party administrator, with trade capture automation services through its Velocity fund administration software as well as providing Curo with the capability to manage multiple data sources through its new ETL tool Fusion.

The Fusion system is delivered as a fully hosted Software as a Service solution and puts an easy to use ETL solution into the hands of the administrator.

Barri Maggott, CEO of Curo, said: “Implementing Fusion allows our business to optimise its operating model by placing the management of data in the hands of the administrator and reducing the demands on our technology department ”

Fund Recs CEO, Alan Meaney, said: “We are delighted to be working with Curo Fund Services as they continue to innovate the fund servicing process through the combination of powerful software and domain expertise.”

About Curo Fund Services
Curo Fund Services is a specialist investment administration services partner providing investment management solutions to leading investment providers for more than a decade.
Curo offers flexible and dynamic fund services solutions in an ever changing investment market through expertise that supports clients’ product growth strategies, while managing risk through standardisation of common industry processes.Curo currently employs over 300 experienced staff and administers more than R2 trillion in assets under administration. For more information, please visit: www.CuroFund.com

About Fund Recs 
Fund Recs is the doing platform for funds. We translate complex workflows into a series of simple actions to help people manage, move, and reconcile their fund data at scale. Founded in Ireland in 2013, the clients we serve are spread across the world and our remote-first team continues to grow to help meet the challenges of doing business, meeting regulations, and scaling through people and technology.