New Investor Reporting Platform for Bank of Bermuda

LONDON (HedgeWorld.com)–As part of its collaboration with CorrectNet, an investor reporting software company, Bank of Bermuda will launch an advanced web-based reporting program for its alternative investment fund managers and their investors.

The new system, GFSInvestor, acts as a data information portal within the Bank of Bermuda’s hedge fund administration servicing package.

According to officials in the bank’s Global Fund Services unit, the program was developed for both onshore limited partnerships and offshore investment funds. The reporting platform also is tied in with Bank of Bermuda’s other investor platforms–Koger NTAS and Advent Partner.

“With exceptionally quick response times, it is an effective tool for accessing a wide range of account level information including account balances, pending and completed transactions, equalization and partnership transaction information and NAV data,” said Chris Wilcockson, head of client services for the global fund services unit.