Asian tie-up for fund admin and risk management services



Two Hong Kong-based companies, Quality Risk Management & Operations (QRMO) and Skye Fund Services, have partnered to offer a middle-/back-office, fund administration and risk management service to hedge funds and funds of funds.

Skye and QRMO will combine Skye's administration and middle-office services with QRMO's middle-/back-office, risk management and independent third-party valuation services to offer a one-stop solution, say the two firms.

The alliance does not have any joint clients as yet,

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