PFPC Expands Services to Hedge Funds
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Monday, March 31, 2003

PFPC Expands Services to Hedge Funds

PFPC, a member of The PNC Financial Services Group, said today that its alternative investments group will employ InvesTier, an integrated investor accounting and web-based reporting solution for hedge funds.

Through a recent licensing agreement, PFPC will integrate InvesTier software with its existing processing platforms in the United States, Dublin and Luxembourg. The licensing agreement with SunGard Investment Management Systems allows PFPC to deploy web-reporting solution to its clients and address the need for greater transparency and enhanced reporting within the hedge fund industry.

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