Aims to grow its onshore fund administration business particularly in North America
Maples Finance, an independent global provider of fund administration services, has expanded its global presence with the opening an office in Montreal, Canada, to serve the North American region and its fund administration business.
Reportedly, Maples Finance has selected Montreal for its position as a global financial centre and gateway to North American markets. The resources and advantages the city offers global financial service companies include: a base of trained local financial services and technology professionals; cosmopolitan city with a well-educated population; a diverse demographic and multi-lingual capabilities; and world-class universities.
Maxine Rawlins, CEO of Maples Finance, said: “A long-term investment in developing a regional hub that expands Maples Finance’s global footprint. We will look to grow our onshore fund administration business particularly in North America. We expect this business to expand, offering job creation and business opportunities for the local market. This will offer exciting opportunities for technology professionals and service providers to work on leading edge systems initiatives in the financial services sector.”