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Maples Fund Services Launches New Brand

5 October 2010

Maples Fund Services Launches New Brand

Maples Fund Services, a leading independent global fund services provider, is pleased to announce a formal launch of their restructured fund administration business, formerly operating as Maples Finance. The announcement is part of the global restructuring of the Maples Finance business, which now operates as MaplesFS, with various business divisions including Maples Fund Services.

“With our new brand, Maples Fund Services is now positioned as a fully outsourced solutions provider,” said Scott Somerville, CEO of MaplesFS. “Over the past eighteen months, we have committed a significant amount of resources to Maples Fund Services, building out a best of breed operational infrastructure and technology platform, re-organizing our executive team, including adding dedicated business development resources in the US and Europe, and ensuring a global platform to offer a customizable service offering.”

Mr. Somerville, who previously held a number of senior management positions within MaplesFS, becomes CEO of the group. Toni Pinkerton, with the firm for 6 years, moves into the role of Global Head of Fund Services for Maples Fund Services. The Maples Fund Services executive team is rounded out by Tyler Kim, the Chief Information Officer, responsible for building out all technology and infrastructure.

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