Guernsey-based outsourced services provider Ipes has been authorised by the Central Bank of Ireland to provide fund administration services.
The authorisation, effective from 16 July, enables Ipes (Ireland) to provide full administration services to collective investment schemes and alternative investment managers in Ireland, including fund administration, financial reporting, company secretarial and management support services.
Ipes has 35 staff in Cork, and plans to grow the business in the next 12 months.
Ipes Chief Executive Chris Merry commented: “Cork is our fastest growing office. This authorisation enables us to widen our service offering in Ireland and enhance our EU-based funds capability."
Ipes Ireland is led by Craig Long and Kenneth Whitney. Both have worked for Ipes in Ireland for several years – Kenneth as Director and Craig as a Senior Manager.
Pictured: Kenneth Whitney (left) and Craig Long