SICO Funds Services
Established in 2004 as a wholly owned subsidiary of SICO, SICO Funds Services (SFS) is a leading regional provider of integrated custody and fund administration solutions, with a proven track record spanning nearly two decades. Fully licensed by the Central Bank of Bahrain, SFS settles securities transactions, manages the safekeeping of custody assets and securities servicing for corporate actions, and provides comprehensive administration services including valuations and reporting for SICO’s asset management and brokerage clients, as well as its own global clients.
SFS is one of the GCC’s most successful and highly regarded custody service players, anchoring its success in its client-centric approach and utilization of the most advanced technology tools, processes, and delivery platforms. This winning formula enables SFS to offer clients innovative, flexible, and seamless service offerings through the Firm’s team of dedicated and experienced professionals, operating through a select network of local sub-custodians.
SFS provides wide-ranging custodian services covering both collective investment schemes and private portfolios, in line with regional regulatory requirements.
It also provides a comprehensive fund administration solution that helps streamline the day-to-day management of investment funds and portfolios while covering all necessary bookkeeping and reporting activities.
SFS offers clients a detailed fund registrar service that constitutes a critical element of the Firm’s fund administration solution.
Its high-quality reporting seeks to meet clients’ specific needs to enhance their decision-making. The reports generated by SFS cover data, modeling, and formatting, while a customizable platform enables SFS to generate reports tailored to clients’ needs.