Sudrania Fund Services exceeds 1,000 employees and opens a Blockchain laboratory | News

CHICAGO, December 30, 2021 / PRNewswire-PRWeb / – Sudrania Fund Services, founded in 2016 and led by a team of front and back office alternative investment professionals, has grown exponentially in 2021 with a client base 5 times larger and a considerably increased customer size, on average. Always responsive to its rapid growth, Sudrania has made many additions in the areas of customer success and relationship management to improve the customer experience. Additionally, Sudrania has dramatically improved tax and audit support with numerous hires to facilitate a smooth 2022 audit season among digital assets and hedge funds.

As part of this expansion, Sudrania will open its eighth global office and its first technology lab in Hyderabad, India. Hyderabad is part of india two main technological poles, as well as Bangalore, and a major outpost for global tech giants including Microsoft, Amazon, Deloitte, Accenture, TCS, Wipro and Infosys. Initiatives in Hyderabad include the development of a smart fund administration contract, as well as significant R&D aimed at increasing Sudrania’s already industry-leading high-frequency business accounting capabilities within the Seamless software system, the Sudrania’s proprietary cloud-based ledger accounting system.

Founder and CEO, Nilesh Sudranie said, “In today’s global business landscape, our belief is that a company’s institutional infrastructure is as important as its physical infrastructure. We are constantly evaluating and reinvesting in our own infrastructure, technology and the development of our people. one of our greatest assets is our human capital. We are constantly striving to be the best, hire the best, and provide the best service to our ever-expanding customer base.

Co-founder Shalin Madan added, “The success of our customers is our success. That is why we have made concerted efforts to develop the field of relationship management. With these new recruits, Sudrania clients have access to representation in almost all world time zones and master several languages. , from French to Chinese. “

Sudrania has become, in less than two years, the world leader in the administration of digital asset funds thanks to its software and its funds administration services Seamless Crypto. With over 100 API connections between brokerage houses, exchanges and custodians, along with large-scale general ledger capabilities and the ability to denominate in any cryptocurrency up to 10 decimal places, and a With a trading capacity exceeding one million transactions per month, Seamless is the only digital asset and multiple asset class accounting system.

About Sudrania Fund Services

Sudrania Fund Services is a global fund administrator powered by its award-winning Seamless software – a large-scale cloud-based fund administration application integrating portfolio, fund accounting and investor reporting to deliver best-in-class solutions both traditional and alternative. investment fund management community. Seamlessly processes high frequency trading volumes to provide daily net asset value for hedge funds, digital asset funds, SPVs, mutual funds, private equity funds, private equity funds risk, impact funds, commodity pools and mortgage funds. Sudrania’s operations and technology are SOC 1, SOC 2 and SOC 3 audited, and it currently has over 1,000 employees in its eight global offices.

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Lea Kuhry, Sudrania Fund Services, 19543053753, [email protected]

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SOURCE Sudrania Fund Services

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