Capita awarded fund administration contract by Hawthorn Life
Capita, in partnership with Financial Risk Solutions (FRS), has been awarded a five-year contract to provide fund administration for Hawthorn Life.
We are providing secure cloud-based investment fund management using FRS’s Invest|Pro software. The solution allows complex and critical business processes to be managed via one single system using Microsoft Azure Cloud, delivering simplicity and cost efficiencies for Hawthorn Life.
The successful implementation of this service from a major fund administration establishment showcases how our professional and an expert team can deliver tangible benefits to our clients.
Hawthorn Life’s head of investment operations, Brian Aherne, said: “This robust, secure and scalable solution has improved our ability to manage our investment administration requirements from an operational perspective.
The experience of the specialist implementation teams from HLL, FRS and Capita and the deployment in the cloud could enable us to scale up these operations with minimum disruption to our ongoing business.”
Sean Holland, managing director of Capita’s life and pensions business in Ireland, said: “The Hawthorn Life investment administration delivery is a landmark in a new era of cloud based computing.
Capita, working with FRS, is leading this industry and is proud of the delivery of this ambitious project.”