Fund Administration Transformed: 6 reasons why AI innovations can’t be ignored!
Fund managers are increasingly adopting AI to gain an edge in a rapidly evolving, hyper-competitive industry. Investment teams now use algorithms and machine learning to analyze vast datasets and unconventional data sources, identifying patterns and predicting future market trends and price movements with exponentially greater speed and accuracy than traditional methods. Automations are even leading to the development of new strategies, such as Quantamental Investing, where AI is combined with human judgement to uncover investment trading signals while managing portfolio risk more effectively.
But it’s not just the front desk that has been transformed. Opus is a pioneer in applying a similar AI-human approach within fund administration. At a time when cracks are showing in the traditional fund administration model due to reliance on spreadsheets and manual workflows, the Opus Digital Back Office is empowering fund managers with faster reporting, greater transparency, and reduced operational risk.
For those that can keep up, AI is rapidly transforming fund administration in several key ways:
Automation of Routine Tasks: AI can handle repetitive processes such as data entry, reconciliation, and report generation, whilst increasing efficiency and reducing errors.
Enhanced Data Processing: AI-powered analytics enable faster and more accurate processing of large datasets, improving decision-making and portfolio analysis.
Regulatory Compliance: AI tools assist in monitoring transactions and ensuring compliance with regulations by flagging anomalies and automating audit trails.
Improved Customer Service: Chatbots and AI-driven support systems provide clients with quick responses and personalized updates, enhancing client experience.
Risk Management: AI models help identify potential risks and fraud patterns proactively, strengthening the overall security of fund operations.
Cost Reduction: By automating complex tasks and reducing manual effort, AI helps firms lower operational costs.
And Opus is leading the way offering a modern solution for achieving the resourcing and scale necessary to provide fund managers, and their investors, with the proactive client service they deserve. Our formula is simple. Intelligently automate 80% of a workflow, such as calculating an NAV, and apply human expertise to the 20% that matters most - ensuring accuracy, while freeing them up to focus on supporting clients.
And while fund administrators’ AI stories often go from “operational” to “aspirational” during due diligence, Opus can demonstrate exactly how our harmonized human-digital teams, intelligently automated processes, unified data architecture, and global orchestration system all work together to deliver sustainable peak operational performance for fund managers. Today.
Opus. Engineered for Growth.
About Opus:
Established in 2006, Opus Fund Services is an independent high-performance global fund administrator. Currently servicing over 1,000+ client funds and 100,000+ investors globally, Opus pioneered the use of intelligent automation to solve business challenges and operational risks that legacy fund administration could not. Opus’s industry-first Digital Back Office has transformed the levels of controls, scale, and transparency available to protect, support and empower fund managers and their investors. Opus Fund Services has offices in Bermuda, New York, Chicago (Naperville), San Francisco (Brentwood), Austin (Texas), Florida (Fort Myers), Manila, Halifax, Dublin, Enniscorthy, Cape Town, and Mauritius. Opus Fund Services (Bermuda) Ltd. is licensed by the Bermuda Monetary Authority under the Fund Administration Provider Business Act 2019 and the Corporate Service Provider Business Act 2012. Company registration no: 42409. Opus Fund Services (IRE-Admin) Limited is authorised under Section 10 of the Investment Intermediaries Act 1995 (as amended). For further information see www.opusfundservices.com or contact one of our offices.