KOGER Deploys Its Signature NTAS Platform to the Cloud

NEW YORK, April 3, 2017 /PRNewswire/ -- KOGER® Inc., leading financial services technology company, announced that it has deployed its flagship NTAS® platform for fund administration and compliance to the cloud for even greater ease of use.

NTAS is a share registry system that manages fund tracking, reporting and fee calculation. More than 8,000 funds with $2 trillion in assets are administered through NTAS, which is used by many of the largest funds, fund administrators and financial institutions. The NTAS platform and its complementary product suite support all types of investment funds, including hedge funds, private equity, mutual funds, money market funds and pension funds.

"The migration of NTAS to the cloud is part of our ongoing innovation to enhance efficiency for financial institutions and make complex processes easier to manage. With this step, the platform becomes even faster and more convenient. It eliminates costly infrastructure expenditures for smaller firms, allowing easier access to more sophisticated technology and valuable efficiencies," said Ras Sipko, KOGER Chief Operating Officer. 

NTAS handles daily transfer agency recordkeeping, investor registration, cash management, trade processing, compliance, reporting and fee processing. NTAS in the cloud runs seamlessly via a secure Virtual Private Network (VPN). NTAS is scalable and can be customized to financial institutions and fund organizations of all sizes. The cloud configuration reduces up-front costs and makes it simple to scale up, without additional hardware or an "end of life" for current equipment.

Founded in 1994, KOGER pioneered fund administration solutions for alternative investments.  Through the years, the company built on its signature NTAS product to create a comprehensive fund administration platform that now serves the entirety of the investment industry.

"KOGER has a 20-year track record working with the financial services industry. As investment vehicles have proliferated and the regulatory environment grown more rigorous, we have continued to evolve the platform to serve the rapidly-changing market, and simplify and streamline the day-to-day processes of fund administration," Sipko said.

About KOGER
Founded in 1994, KOGER® is the provider of NTAS®, the market's leading platform for investment fund administration and compliance. More than 8,000 funds with $2 trillion in assets are administered through NTAS, which is used by the world's largest funds, fund administrators and blue-chip financial institutions. The NTAS platform encompasses a comprehensive suite of products for the investment industry, including hedge funds, private equity funds, mutual funds and pension funds. KOGER's NTAS platform provides fund administrators and financial institutions with an integrated, scalable solution that increases efficiencies and reduces costs, and can be customized to financial organizations of all sizes.

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SOURCE KOGER