Dublin, May 10th 2024 - Fund Recs, a leading provider of cloud-based reconciliation software for the global funds industry, is excited to announce that the Maples Group has integrated its innovative EMIR reconciliations solution to its product suite.
The Maples Group is a leading independent global fund services provider, offering a wide range of services and operational support to alternative investment funds and institutional investors. By adopting Fund Recs' EMIR platform, the Maples Group is set to boost efficiency by further automating its reconciliation operations and minimizing manual checks. This strategic move aims to further enhance data integrity and ensure transparency, thereby reinforcing the firm’s commitment to operational excellence.
"We are happy to expand our relationship with Fund Recs to include EMIR reconciliation capabilities," said Mark Weir, Deputy Global Head of Fund Services at Maples Group. "The growth of our business has been heavily predicated on our ability to implement best-of-breed vendor systems to supplement our proprietary technology solutions. We have been impressed with Fund Recs’ innovative and scalable reconciliation platform and their approach to integrating with existing platforms’."
Alan Meaney, CEO at Fund Recs, commented, "Our collaboration with the Maples Group marks another step towards simplified and enhanced regulatory compliance through automation. We are dedicated to ensuring that our comprehensive and precise data management solution can support our clients, like the Maples Group, as they assist their clients with their EMIR reconciliation requirements."
For more information on the Maples Group, visit https://maples.com/services/fund-services
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.