Happy, but not happy?

Michael Newton profile image
Michael Newton
Chief Operating Officer
Published: 14th Feb 2023

Happy, but not happy?

Are you feeling simultaneously happy and unhappy about your administrator due to the presence of conflicting emotions or experiences? Are you happy with some aspects, but unhappy with an ever changing team, the lack of expert support or the time it took to reach the desired outcome.

Are you finding that you are doing your current administrators review or thinking?

This conflicting emotional state can create a sense of dissatisfaction however there is always the additional factors of time, cost and risk to change administrator. One of the significant factors for any decision maker to reconcile is making a decision or recommendation to change administrator!

As a Chief Operating Officer at Altum Group, a leading fund administrator, I understand the importance of a smooth and seamless transfer process when it comes to moving funds from one administrator to another. The transfer of funds can be a complex and challenging process, but with the right approach, it can be a smooth transition that results in long-term benefits for our clients.

At Altum Group, we have a dedicated transfer team that works closely with our clients to ensure a successful transition. Our team is experienced in managing transfer processes and has a thorough understanding of the risks involved. To mitigate these risks, we employ several strategies and tools, including the use of robust data management systems and protocols for the reconciliation of data. This helps to ensure the accuracy and security of information throughout the transfer process.

Another key aspect of our transfer process is the development of a detailed transfer plan. This plan outlines the steps to be taken, the timeline for the transfer, and the responsibilities of each party involved. This helps to minimize operational disruptions and ensures that the transfer is completed in a timely manner.

In addition to minimizing operational risks, we also take steps to ensure compliance with legal and regulatory requirements. Our team of legal and compliance experts works closely with our clients to ensure that all necessary steps are taken to ensure compliance with regulations governing fund transfers.


Finally, our commitment to our clients extends beyond the transfer process itself. We understand that a successful transfer requires ongoing support and communication, and we are dedicated to providing the resources and expertise needed to ensure the long-term success of our clients’ investment portfolio

In conclusion, as a leading fund administrator, Altum Group is dedicated to providing our clients with a smooth and seamless transfer process. With our experienced transfer team, robust data management systems, and commitment to minimizing risks and ensuring compliance, we are confident that we can provide a successful transfer experience for our clients

Perhaps most importantly we know how important this and the ongoing administration is to your investors. We partner to ensure they and you benefit in the short and long term working with Altum Group.

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