Pacific Fund Systems Appoints Cloud Services Manager

14 March 2017

Pacific Fund Systems Limited (PFS), the leading global provider of fully integrated fund administration software via its award winning PFS-PAXUS application, has announced a further appointment to its growing European operations team.

The group’s newest recruit, Mr Didier Lucotte, joins the team as Cloud Services Manager and will based in the group’s Isle of Man office. Didier is an experienced cloud project manager having previously served in this role with a UK listed telecoms company. Didier’s role will encompass bringing the PFS-CLOUD initiative online and subsequently managing new and existing client migration onto the PFS-CLOUD. As part of the new service PFS will offer its core software products, PFS-PAXUS and PFS-CONNECT via a vendor hosted and managed cloud deployment model, known as ‘SaaS’ (Software as a Service). PFS’ cloud based services will include; automatic update of each new version release, development and maintenance of software interfaces (to allow automated data input and extraction feeds to connected software) plus overall environment management to ensure optimal remote performance.

Commenting on his new role Didier said, “I am delighted to be joining PFS to help build out and manage PFS’ technology in the cloud, as PFS positions itself for future growth utilising the latest technological advancements. Cloud delivery of PFS products will further allow PFS’ clients to focus on their core businesses, reducing overall dependence on internal or third party IT resources. With the number of online software-to-software application program interfaces expected to grow in scale and complexity as the wider software application industry moves to the cloud, I am very pleased to be joining PFS at such an exciting time in the group’s development”.

Commenting on Didier’s appointment, Paul Kneen COO of PFS, said, “Didier’s wealth of specialist knowledge and experience will greatly benefit the groups planned delivery of PFS-PAXUS via the cloud, as a PFS hosted solution, targeted for launch later this year. Didier’s appointment reflects our continued investment in people and commitment to our business operations. Pacific Fund Systems remains focussed on the expansion of its global client base, and we will continue to build upon this client-centric, technology-led ethos, by seeking top talent to support the operational needs of the business as it continues to grow”.

Pacific Fund Systems (PFS) has been supporting the investment fund accounting and administration industry since 1999 via its core PFS-PAXUS product. PFS initially commenced its business supporting the alternative fund management industry and now supports wholesale fund administration and the administration of all manner of alternative funds such as hedge funds and private equity funds. PFS has always had a global approach to its business, with its core PFS-PAXUS software currently in operation in more than 70 separate database installations across multiple global jurisdictions, with thousands of funds administered and audited on PFS-PAXUS annually.

As a privately held company, PFS is dedicated to providing a first class global business solution to its clients. Understanding its clients' business and providing excellent ongoing product support are at the heart of PFS's business objectives. The common denominators amongst PFS's clients are growth and success. PFS is committed to using the best technology available in its products and consistently innovates and updates its core technology where appropriate.

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