Global hedge fund middle office and accounting firm Viteos has been awarded Best Global Shadow Accounting Firm at the Hedgeweek Global Awards 2017.

Hedgeweek notes that the awards recognise “excellence among hedge fund managers and service providers (and) celebrate the achievements of firms that contributed to another significant year for the sector.”
 
Especially significant is that winners are selected by Hedgeweek’s readership across the entire scope of professionals in the hedge fund space, including investors and managers as well as fund administrators, custodians, accountants and auditors, law firms, consultants and fund distributors.
 
Hedge funds and traditional asset managers have come to recognise the necessity for shadow accounting. Viteos provides investment management operations outsourcing capability backed by advanced reporting and analytics to alternative and traditional managers. The firm’s services are especially matched to those growing managers with a need for scalability, and for customised and automated shadow, reconciliation and trade support processes. Viteos integrates its offering into virtually all existing platforms in the US and Europe.
 
Shankar Iyer (pictured), Viteos CEO, says: “Viteos continues to garner recognition for our solutions to the challenges face by fund firms in the middle office. As shadow has becomes increasingly important, our approach, focused on operational efficiency, is unique. We are grateful for this Award. Its global scope confirms that we have delivered to meet the specific issues that fund managers face in shadow accounting.  Viteos serves the middle office, shadow accounting, and regulatory needs of our clients worldwide. We are committed to providing leading middle office thought and practice as our clients’ global environment becomes more complex.”