Since its inception in 2012, INDOS Financial has grown organically, developing solutions recognised as industry-leading. As of January 2019, client assets under depositary oversight have grown past $28 billion and a further $15bn which are MLRO service clients.
There are many reasons that make INDOS such an attractive proposition to potential clients, here are just some of them.
- INDOS is independent. We firmly believe that depositary services are more effective when handled by an autonomous provider, rather than one affiliated to a fund administrator. This belief is growing within the fund management community. In the last three years alone, over 40% of INDOS’ depositary assets, representing over $12bn, have been transferred from other service providers.
- INDOS’ clients enjoy a tailored fee structure where, unlike the fixed rates charged by many other providers of depositary services, rates decline as fund managers’ assets grow.
- The INDOS team, based in our London, Fareham and Ireland offices, bring with them a wealth of experience operating in the alternative funds arena. Working closely with our clients’ existing fund administrators, prime brokers and custodians, they offer exceptional standards of service – flexible, proactive and transparent; this has been instrumental in our ability to build long-term and successful client relationships.
Contact us now to learn how you could benefit from the services that INDOS provides.
Pass 100 funds with $26bn fund assets under depositary.
First full UK depositary mandate (listed investment trust) live.
Open Fareham office, UK Operational Centre for PE/RE funds.
Became UNPRI signatory.
Commenced Cayman MLRO Services to funds with over $18bn of AUM.
Named Best Depositary Solution in HFM 2017 Service Provider Awards.
Obtained full depositary status for unauthorised AIFs from FCA.
Launch of DEPOcheck system.
Obtain Type II SOC 1/ISA3402 accreditation.
Team grows to 25 staff.
Assets under depositary pass $10bn.
Named Best Depositary Solution in HFM 2016 Service Provider Awards.
Take on $2.5bn two fund mandate following switch from another global fund administrator.
Take on first UK listed REIT.
Take on 9 mandates from a leading fund administration group that exits the depositary market.
Reach 75 funds with $13bn Assets under depositary.
Extend FCA licence to act for Private Equity and Real Estate funds.
First non-EU manager marketing to German investors.
Take on first $1bn mandate following a switch from another global fund administrator.
Assets under depositary pass $5bn.
First non-EU manager marketing to Danish investors.
Take on first UK listed investment trust.
First AIFMD depositary to be authorised by FCA.
Take on first client.
End of AIFMD transitional period.
Assets under depositary pass $1bn.
Ireland office established.
INDOS incorporated in UK.
AWARDS, AFFILIATIONS AND ACCREDITATIONS
Our AIFMD depositary services are SOC1/ ISAE3402 (Type II) certified and we have obtained the Cyber Essentials Plus certification.
INDOS was named Best Depositary Solution in the 2016 and 2017 HFM Service Provider Awards and Best Fund Oversight provider in the 2018 Hedge Fund Journal Service Awards.
INDOS is a UNPRI signatory, underscoring our commitment to the principles of responsible investment.