Maples Finance Expands Global Presence with North American Hub in Montreal


    


    
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<p><location>MONTREAL</location>, <chron>Oct. 1</chron> /CNW/ -- Maples Finance, an independent global fund administrator that provides a full range of fund administration services, today announced the expansion of its global presence with the opening of a <location>Montreal</location> office to service the North American region and its growing fund administration business.</p>
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<p>Maples Finance has selected <location>Montreal</location> for its position as a global financial centre and gateway to North American markets. The resources and advantages the city offers global financial service companies include: a base of highly trained local financial services and technology professionals; a large cosmopolitan city with a well-educated population; a diverse demographic and multi-lingual capabilities; and world-class universities.</p>
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<p><person>Maxine Rawlins</person>, CEO of Maples Finance described the <location>Montreal</location> office as "a long-term investment in developing a regional hub that expands Maples Finance's global footprint. We will look to grow our onshore fund administration business particularly in <location>North America</location>. We expect this business to expand, offering job creation and business opportunities for the local market." Over the past three years, Maples Finance has opened offices in Dublin, Dubai, <location>Hong Kong</location> and <location>Luxembourg</location>.</p>
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<p>The centre of expertise for Maples Finance's technology will also be established in <location>Montreal</location>.  "This will offer exciting opportunities for technology professionals and service providers to work on leading edge systems initiatives in the financial services sector," said Rawlins. A new industry leading global fund administration platform will allow Maples Finance to build a scalable business in <location>Montreal</location> with quality of service and a controlled process for the middle- and back-office.</p>
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<p>Operating as Services Administratifs de fonds Maples, Inc. the <location>Montreal</location> office will have eventual capacity in excess of 50 people. Services Administratifs de fonds Maples will provide training and international professional career opportunities in middle- and back-office accounting and administration services, and information technology.</p>
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    About Maples Finance

    
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<p>Maples Finance is an independent global fund administrator operating in eight countries. The firm provides a full range of fund administration services to onshore and offshore funds managed by investment management firms and global financial institutions. Led by a team of experienced professionals, Maples Finance is committed to providing a high level of specialized expertise and client service. Our comprehensive services cover fund and trust administration, fiduciary, structured finance and accounting and are tailored to client requirements. For more information, visit <a href="http://www.maplesfinance.com">www.maplesfinance.com</a>.</p>
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<p>For further information please contact:</p>
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    Thor Valdmanis
    FD
    +1 (212) 850-5696
    Thor.Valdmanis@fd.com
    
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    Daniel DelRe
    FD
    +1 (212) 850-5724
    Daniel.DelRe@fd.com





    

For further information: For further information: Thor Valdmanis, +1-212-850-5696, Thor.Valdmanis@fd.com, or Daniel DelRe, +1-212-850-5724, Daniel.DelRe@fd.com, both of FD Web Site: http://www.maplesfinance.com

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