In this article in COO Connect, the benefits of the pragmatic, flexible independent depositary oversight solution which INDOS Financial is planning to offer hedge funds is explained. In particular it explains why the multiple-firm approach – enabling prime brokers to continue to safe keep a fund’s assets, and the administrator to perform the cash flow monitoring duties, makes sense from an operational and cost perspective and avoids unnecessary duplication. The only entirely new requirement will be the oversight duties which INDOS plans to perform. To read the full article click here.
