HONG KONG – August 20, 2013 –Income Partners, a Hong Kong based fixed income manager, announced today that it has selected financial technology company Messer Fund Services to manage the implementation of its front to back office systems.
Messer Fund Services is a Hong Kong based technology company that provides custom solutions to financial institutions. In addition to acting as project manager for Income Partners’ existing systems, MFS will develop proprietary products to meet the fund’s unique reporting and reconciliation needs.
Income Partners, founded in 1993 as the first Asian dedicated fixed income manager, now manages over $1.4 billion on behalf of its international clients. The fund uses several software vendors to meet its technology needs, and several months ago began seeking a company to coordinate those various services, implement and maintain its front to back office systems, and develop innovative software solutions where the fund’s reporting needs demanded it.
According to Income Partners Chief Operating Officer Lachlan Campbell, they selected Messer Fund Services because they demonstrated exceptional knowledge of Asian markets and understand the needs of Asian funds.
“We work with institutional investors and private clients around the world, and we need custom solutions that take into account the nuances of the Asian markets,” Campbell says. “At the same time we want someone familiar with the systems we already have in place. Messer Fund Services brings us all of that.”
“We are thrilled to be working with such a respected, industry-leading investment manager here in Hong Kong,” said Bryan Messer, Chief Executive Officer of Messer Fund Services. "Our goal is always to provide our clients with the best technical expertise and a deep understanding of the financial markets in which they operate. Being selected by Income Partners is a testament to our ability to deliver these core values.”