Dublin, October 31st, 2024 - We are thrilled to announce that SuMi TRUST, one of Japan's largest financial services groups, has selected Fund Recs for our innovative Fund Accounting reconciliation software. This decision highlights SuMi TRUST's commitment to leveraging cutting-edge technology to enhance their operational workflows and compliance processes within the funds and finance sector.
The services being provided by Fund Recs to SuMi TRUST include Cash Rec, Position Recs, Dividend Recs, Interest Recs, and Cap Stock Recs, all delivered through our fully hosted Software as a Service solution. This platform is designed to significantly enhance SuMi TRUST's oversight capabilities, optimizing workflows and streamlining compliance operations. By implementing Fund Recs' solution, SuMi TRUST ensures they are well-prepared to navigate the ever-changing landscape, allowing them to focus on their core mission of delivering exceptional financial services to their clients.
Eric McCarthy, Head of Operational Planning at SuMi TRUST, shared, “Adopting Fund Recs' reconciliation solution marks a significant strategic enhancement for us. It strengthens our dedication to maintaining a robust and adaptable operational framework that continues to evolve. We are confident that this partnership will improve our operational capabilities.”
Alan Meaney, CEO of Fund Recs, stated, “We are delighted to extend our partnership with SuMi TRUST by working with their Fund Accounting team. This collaboration reinforces our commitment to delivering comprehensive solutions across the industry. SuMi TRUST has been a key client for many years, and we look forward to continuing our growth together.”
For more information on SuMi TRUST, visit https://www.sumitrustgas.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.
