Dark
Light

Gryphon Fund Group chooses FundGuard for primary accounting needs.

1 min read
40 views

TLDR:

  • Gryphon Fund Group has selected FundGuard as its primary accounting book of record for its open-end fund client base
  • Implementing FundGuard’s ABOR solution will optimize accounting processes and scale operations

Gryphon Fund Group, LLC, an Ohio-based fund administrator, has chosen FundGuard, the first fully cloud-native, AI-powered multi-asset and multi-book investment accounting utility, as its primary accounting book of record (ABOR) for its open-end fund client base. This strategic decision aims to bring unparalleled transparency, scalability, and operational resilience to support Gryphon’s growth plan. By utilizing FundGuard’s ABOR solution, Gryphon plans to streamline its accounting operations, scale its services, and deliver exceptional value to its clients.

The collaboration with FundGuard highlights Gryphon’s commitment to differentiating with a client-centric approach to fund administration that leverages tech-forward fund accounting operations. FundGuard’s intuitive cloud-native SaaS platform is designed to support asset servicers’ complex needs, including real-time processing, multi-book and multi-asset class capabilities, and compliance with regulatory requirements.

Gryphon’s selection of FundGuard marks the beginning of a transformative phase for the firm, aiming to set new standards in asset servicing. FundGuard’s technology, combined with Gryphon’s expertise, is expected to drive innovation, efficiency, and success in the financial services industry. Gryphon’s first NAVs produced in FundGuard were reported to NASDAQ on March 11, 2024.

Gryphon Fund Group provides comprehensive back-office services for private and registered investment funds, servicing over 150 funds with $9 billion in assets under administration. FundGuard is a cloud-native SaaS platform powered by AI, supporting investment management and administration, and backed by strategic partners and investment firms.

For press inquiries:

  • Erika Alter, Marketing Director, FundGuard – [email protected], +1 718-514-5783
  • Gordy Jones, President, Gryphon Fund Group – [email protected], +1 330.715.1948

Previous Story

“Majority of finance workers suspect internal fraud within companies.”

Next Story

US aims to fast-track accountant qualification due to shortage.

Latest from News