Aurora FundAdmin Launches Fund Services in Dubai with Avaloq Partnership
Aurora FundAdmin Limited, a new fund administration business in DIFC, has partnered with Avaloq to launch automated fund administration services in Dubai. This move addresses the increasing demand for institutional-grade fund administration in the region.
Aurora FundAdmin Limited, a newly established fund administration business based in the Dubai International Financial Centre (DIFC), has selected Avaloq to power its new services. The partnership will see Aurora FundAdmin implementing Avaloq's platform to provide automated and standardized fund administration in Dubai.
The launch aims to cater to the growing requirement for robust and efficient fund administration solutions, particularly within Dubai's expanding financial ecosystem. This strengthens the infrastructure supporting investment funds and financial startups in the region.