Our business and history

Apex Fund Services Ltd was formed by Mr Peter Hughes and was incorporated in Bermuda in June of 2003 and commenced operations in September 2003.

The business was founded on simple ethics that have paved the way for the success of what is now a global fund administration company covering global markets and investment management locations.             

These ethics remain the core backbone of each office with the group:
    
Absolute focus on client service

Attention to detail and aiming to exceed the expectations of the client have always been the mantra of employees in the group.

On a monthly basis, each office meets to discuss growth, client feedback, new staff hires or new clients coming in. It is in this that we ensure that all staff have a wider and more indepth knowledge of the work that we do as fund administrators.

It also ensures that all our staff are able to converse with clients on the clients terms which translates into a greater understanding of our clients requirements.

Each staff member is trained into a role that encompasses fund accounting, transfer agency and overall cash management. Our staff are also familiar with the legal structure and set-up and will work from the outset with the client to understand the full structure of the Fund. In doing this we ensure that staff are not departmentalised and grow their career in a more rewarding way. This has resulted in one of the lowest staff turnover rates in the industry.

Focus on internal procedures and robustness of controls in place in each office.

The Bermuda operation successfully achieved a TYPE II SAS 70 audit in 2007 testing the robustness of our internal controls and policies and further raising the bar of operational excellence within Apex Fund Services.

From the beginning we have given a huge amount of time and focus on ensuring that each step of the fund accounting and share registry process has a defined set of controls and procedures and more importantly that those controls and procedures are watertight.

Apex Fund Services are amongst the elite in achieving this internationally recognised standard and each office is subject to the same rigourous audit scrutiny on rotational basis so that each subsidiary company is of the same robust standards.