Capita has built a strong presence in a number of market segments. In particular we provide fund administration to both open and closed end structures, trust services and loan administration. Our scale enables us to deliver cost effective and flexible administration solutions across different tax jurisdictions (onshore, nearshore and offshore).
We are the 2nd largest administrator of investment companies in the UK and the 6th fastest growing administrator in Ireland, where market opportunities are particularly strong. With increasing pressure on both government and financial institutions to manage large and commercial loans as efficiently as possible, our expertise and scale as Europe’s largest, independent master servicer will stand us in good stead to grow our business in this area further.
Many financial services organisations are looking at reducing their cost bases and creating more flexible operating models to enhance their competitiveness. We believe we are positioned well to assist investment companies and other organisations to meet these challenges.
Drivers for outsourcing
- Ability to reduce costs through shared technology, administration processing, customer service and compliance support
- Need for leading edge systems to cope with increased competition and increasing legislative and regulatory change
- Reduce risk of not keeping pace with regulatory change and reduce costs associated with this
- Need for financial organisations to offer greater flexibility and enhance competitiveness
- Desire for organisations to divest of non-core activities in order to focus on core business and sales generation.