Country for PR: United States
Contributor: PR Newswire New York
Wednesday, February 13 2019 - 03:02
AsiaNet
Astignes Capital signs strategic agreement with Viteos
SINGAPORE, Feb. 13, 2019 /PRNewswire-AsiaNet/ --

-- Partnership an exciting development as Astignes continues to invest in 
cutting-edge solutions and technology to drive efficiency in the business 

Astignes Capital, the Asia-focused alternative investment management firm, 
announced today that it has selected Viteos Fund Services to provide outsourced 
middle office and accounting services.

Viteos has been operating for over a decade in the securities processing and 
fund administration and consulting services sector, working with several major 
players in the asset management industry. The process of outsourcing is 
expected to be implemented and in operation during the second quarter of 2019.

Outsourcing these functions will provide Astignes with a more advanced and 
flexible operational environment, enabling Astignes to meet increasingly 
sophisticated investor demands while simultaneously creating efficiencies and 
savings for the firm's operational cost base. After an extensive search to 
identify a suitable partner, Astignes chose Viteos for its world-class 
security, infrastructure, experience and offering. The move is in line with the 
firm's own commitment to invest in technology and adopt the most cutting-edge 
technology and systems.

Kisu Sung, Astignes' Chief Administrative Officer, commented "the Viteos team 
has a strong track record of providing high quality middle office, accounting, 
and technology services to hedge funds globally, with deep experience 
throughout the full transaction lifecycle.  Partnering with Viteos gives us 
access to their highly scalable operational capabilities, enabling us to 
respond more quickly to changing market and investor opportunities while 
maintaining an institutional-grade control environment."

Speaking on behalf of Viteos, Chitra Baskar, Chief Operating Officer, commented 
"the addition of Astignes to our client roster strengthens our presence in the 
Asia Pacific region. We look forward to building a mutually beneficial 
relationship as this addition bolsters our footprint in Asia." Ritesh Rathi, 
Head of Sales for Asia added "we are excited to support Astignes, whose complex 
investment strategies are a testament to Viteos' ability to deliver the highest 
level of efficiency via our services and technology." 

Astignes founder and Chief Investment Officer Bart Broadman commented "Astignes 
Capital is constantly looking for ways to leverage innovative technology and 
process solutions across all aspects of our business.  Engaging best-in-class 
service providers like Viteos is well in line with that strategy."

About Astignes Capital

Astignes Capital is an Asia-focused alternative investment management firm 
based in Singapore. Its investment strategy aims to capture macro and relative 
value opportunities in the Asia-Pacific region primarily through the use of 
interest rates, FX and volatility instruments. Founded in 2005, Astignes 
Capital launched its flagship Asia Rates fund in 2007.

About Viteos

Viteos Capital Market Services, founded in 2003, and with offices worldwide is 
a premier provider of global outsourced operations solutions for traditional 
and alternative asset managers as well as private equity and venture capital 
firms.

For media enquiries, please contact:

Newgate Communications

Fergus Herries 
+852.3758.2685 
fergus.herries@newgate.asia 

SOURCE: Viteos Fund Services
Translations

Japanese