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Vistra uses Eleven to bring next generation technology to fund services

News Team, 15/12/2021

Fund administration support firm Vistra has announced that it is making a global transformation to the future of investor relations and fund services technology, which is centered on maximising investor experience, enhancing efficiency, and helping clients grow.

Vistra launched their new investor servicing portal, VFunds 2.0, which is powered by Eleven, and enters the next wave of their digital transition for fund administration clients.

This launch includes the migration of Vistra’s entire US business to VFunds 2.0, a development following Vistra’s initial foray into this space back in early 2020 when they first launched their client-facing fund administration global technology, Vfunds.

Vistra is now rolling out VFunds 2.0 to clients around the world, with a goal of obtaining a single, best-in-class solution for the whole of Vistra that fully supports all offices and all clients across all geographies.

Scott Kraemer, managing director for alternative investments in North America, Vistra said: “With our U.S. business now on VFunds 2.0, we are excited to bring this state-of-the-art, secure online portal to Europe and Asia where the take up of online portals and mitigation of emails in the fund administration space are not nearly as prevalent.”

The current rollout of VFunds 2.0 focuses on disruptive technology firm Eleven’s document management system. It brings Vistra’s investor relations teams new capabilities to deliver investment documents and communications to investors inside each client’s own branded, interactive online environment. It simultaneously enables investor contacts to easily access the documents they need and across multiple investments.

As part of the initial launch, Vistra worked closely with Eleven to innovate, design, build, test and introduce new functionality, which is now also available to all fund administrator and fund manager users of Eleven.

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