Collaboration will provide Deep Pool’s seamless digital experience, enabling enhanced processing of digital assets worldwide
IRELAND – Deep Pool Financial Solutions today announced it has been selected by STP Investment Services (STP) to license their NTAS private equity and transfer agency system technologies, arming STP’s operations team with best-in-class investor allocation and transfer agency systems to create efficiencies for complex hedge and private capital fund structures. The Deep Pool solutions will bolster STP’s fund administration approach for its accounting and investor servicing teams.
STP is a global, end-to-end investment operations services and technology provider that supports more than $340 billion in total assets. Through its licensing deal, NTAS will be integrated into STP’s cloud-based BluePrint platform via a seamless API, providing clients and end-investors with an unrivaled seamless digital experience when processing alternative assets.
Established in 2006, Deep Pool has grown to more than 120 employees and services 11 of the top 20 alternative fund administrators in the world, establishing the firm as the leader in investor servicing and compliance solutions.
“Partnering with Deep Pool and its industry-leading transfer agency technology allows us to focus on providing our clients with a unified and holistic technology platform that supports their entire book of business,” said Patrick Murray, STP’s CEO and Founder. “We built BluePrint to address the acute pain points investment managers and wealth managers face, such as navigating data management and reporting across all investment structures and asset types, without the need for numerous, disparate technologies. Deep Pool’s solutions enhance our processing capabilities across complex fund structures; BluePrint arms our clients and their end-investors with the critical smart data, reporting and premiere digital experiences needed to compete and grow in today’s dynamic market.”
Since 2008, STP has served global financial institutions, including emerging and wealth managers, as well as plan sponsors and family offices, as a custom solution providing everything related to front, middle and back-office operations. Its BluePrint platform offers a premium, holistic user experience by aggregating, warehousing and illustrating all accounting and allocation information. Its data-agnostic architecture supports integrations from leading providers.
“We are delighted to be selected by STP to assist them in providing technologies which we feel are unmatched,” said Shamus O’Donnell, CEO of Deep Pool. “We are proud to have built a reputation and product that is trusted by global fund administrators and we look forward to a shared future with our new partner STP.”
About Deep Pool Financial Solutions
Deep Pool is the #1 investor servicing and compliance solutions supplier, providing cutting-edge software and consulting services to the world’s leading fund administrators and asset managers. Our flexible solution suite, developed by an experienced team of accountants, business analysts and software engineers, supports offshore and onshore hedge funds, partnerships, private equity vehicles, retail funds and regulated financial firms. Deep Pool is a global organisation with offices in Dublin, Ireland, the United States, the Cayman Islands and Slovakia. For more information, visit: www.deep-pool.com.
About STP Investment Services
STP Investment Services is an award-winning technology-enabled services company that provides front, middle, and back-office solutions to investment managers, funds, family offices, wealth managers, and plan sponsors providing the service, software, expertise, and confidence needed to focus on their core business objectives. STP provides a broad range of services and SaaS offerings for the financial services industry with capabilities to process all asset classes and meet ever-evolving business requirements. STP has been recognized multiple times for its strong company culture by the Philadelphia Business Journal and Inc. Magazine as well as being twice in a row being named as Outsourced Provider of the Year by Financial Technologies Forum (FTF). With nearly 250 employees around the world, STP services and provides solutions to clients representing more than $340 billion in assets supported. Visit STP Investment Services and follow us on LinkedIn and Twitter.
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