Milestone Group, a provider of fund processing solutions, reports that Henderson Global Investors (HGI) has gone live with pControl Fund Oversight across its extensive range of mutual funds and investment trusts.
Graham Foggin, Director of Operations at Henderson Global Investors, said: “Our valuations team is now overseeing a large number of daily priced funds and share classes across several administrators and different global locations. We wanted to introduce common standards and apply a greater focus to the management of true exceptions. pControl has delivered the automation, speed and standardised validation approach we were looking for. The fact that our main third party administrator is also moving to pControl for NAV calculation brings additional benefits through the common end to end platform.”
Paul Roberts, Managing Director of Milestone Group in EMEA, added: “Continued regulatory focus on transparency has triggered asset managers to search for a more robust solution to fund oversight. With Henderson Global Investors experiencing an exciting period of growth, it has recognised the importance of having technology that complements its ambitions. As a result, the firm can focus on managing future business goals, rather than just running laborious checks.”