ICON Advisers has selected Bisys to provide fund accounting and administration for its $2.7 billion, 17 fund family.

"Leveraging our core competencies with Bisys' resources will effectively and efficiently support our ongoing growth goals," stated Craig Callahan, president and chief executive officer of ICON Advisers.

Previously, ICON was using US Bancorp for accounting and administration for all of its funds, said Callahan.

ICON chose Bisys for both technological and other reasons, said Callahan. "Just in terms of giving us data and information, getting it timely, getting it automatically (instead of paper form)," Bisys was superior to US Bancorp, said Callahan.

Bisys also provides deep legal, accounting and compliance expertise, said Callahan.

The fund firm manages approximately $3.6 billion total in assets.  

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE