Hong Kong Trust Chooses Linedata for Fund Admin
![hong-kong-island hong-kong-island](/sites/default/files/styles/landscape_750_463/public/import/IMG/113/280113/hong-kong-island.jpg.webp?h=49baeb1f&itok=JkPV894n)
Hong Kong Trust provides professional trusteeship, fiduciary services, fund and private equity administration and corporate services. The selection of Linedata Admin Edge was based on the platform's functionality and ability to manage both fund administration and transfer agency functions and to handle a broad range of funds, many with special rules. Other criteria were the scalability, automation and compliance benefits.
"We are a specialist provider and have funds and structures with complex rules so Linedata Admin Edge's ability to service different type of structures was key," says Carolyn Butler, CEO of Hong Kong Trust.
Fatca and anti-money-laundering compliance were also high on Hong Kong Trust's selection check list, and Linedata Admin Edge's proven track record in these areas will assist in the process of producing the required reporting in an accurately and timely manner. Butler sees this being of particular importance in the administration of private equity and private fund structures, which is a growing market sector in Asia.
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