Onno Bouwmeister discusses technology investment trends among fund administrators
Onno Bouwmeister, global lead, private equity at Vistra recently commented on the trend of technology investment in an article published in Buyouts that explored M&As among fund administrators.
While a client credits technology for landing their business, price still matters in such a competitive market. “There are pressures to reduce our fees, which just means that we have to work more efficiently and leverage technology to meet service expectations,” says Onno.
Onno mentioned that the support from Vistra’s private equity owner Baring Private Equity Asia has also played a huge part in helping Vistra become a truly global fund administration, trust and corporate services provider. “Their support allowed us to invest in technology and staff and buy ourselves into niche areas like capital markets and the servicing of aircraft leasing, including asset-backed securities transactions.”
Vistra has focused heavily in technology over the recent years as the organisation continues to invest in technological capabilities – an online portal and system – which provide clients with global oversight of their funds and make data sharing safe, compliant, and more efficient.
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