Mitsubishi UFJ Fund Services has expanded its middle office services in response to the competitive and regulatory pressures faced by fund managers. 

Mitsubishi UFJ’s middle office services will enable fund managers to outsource their middle office operations and free up in-house resources allowing them to stay focused on their primary investment objectives.

“As part of the fifth largest bank in the world, we have been able to invest in our middle office services to meet the evolving needs of managers globally. Outsourcing middle office operations is no longer just about cost reduction but leveraging the expertise of a partner that can help fund managers grow in a challenging climate," said Ken McCarney, COO, Mitsubishi UFJ Fund Services.

“Fund managers need a partner who can provide the expertise and infrastructure to navigate them through the whole investment cycle. We will continue to invest in our fund administration and wider asset servicing solutions to support the investment industry.”

The middle office technology is incorporated within the firm’s wider custody and fund accounting systems, and will utilise technology platforms from Omgeo for post-trade transaction management and Advent’s Syncova to deliver margin and collateral management solutions.

The services provided by the middle office function include independent pricing and OTC valuation, corporate action processing, transaction management, margin and collateral management, performance measurement and attribution and risk reporting and aggregation.