Milestone Group in the running for two Financial Services Awards

London - 15 November 2011

Shortlisted for the Funds Europe and ICFA Awards

Milestone Group, the specialist provider of optimised fund processing solutions to the global funds industry, is pleased to announce it has been shortlisted for two upcoming awards in recognition of its developments to its pControl® platform over the past 12 months.

Announced last week, the shortlist for the ICFA European Awards puts Milestone Group in the running for the European Asset Servicing Technology Vendor of the Year award. Awarding major innovations and technological developments supporting the custodian and fund administration industry, Milestone Group is shortlisted alongside other vendors SunGard, Advent, DST and Multifonds. In addition, Milestone Group is also a named finalist in the Fund Europe Award’s category for European Back Office Provider of the Year, recognising excellence in the back office from a cost, efficiency and resilience perspective. Again, Milestone Group sits among some of the financial service industry’s biggest players.

Paul Roberts, European Managing Director at Milestone Group, said, ‘We are delighted to be shortlisted for these two prestigious financial services awards. Being nominated for awards across the buy-side and custody markets is testament to the flexibility and sophisticated engineering of pControl. It has the unique capability to support multiple fund processing activities from a single application environment, allowing clients to simplify and rationalise system architectures, and simultaneously reduce cost and operational risk.”

Recent enhancements to pControl have transformed a variety of business critical processes including NAV Control, which automates the end to end fund valuation, validation and dissemination process, and Fund Oversight, which assists fund managers with efficient oversight and control of outsourced functions.

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