The last word: What challenges/opportunities are facing fund administrators in 2013?

Four industry experts give their verdict on the year ahead in the fund administration space

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Patricia White, managing director, Legis Group
The influx of compliance and regulatory changes will continue to impact fund administrators in 2013 due to the cost and implementation of the required procedural changes. Topical issues include the alternative investment fund managers (AIFM) directive, the Foreign Account Tax Compliance Act (Fatca) and the Dodd-Frank Act, which will result in more detailed, complicated and voluminous reporting requirements. This may result in further consolidation

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