Ultimus wins full service mandate

Ultimus Fund Solutions, the U.S.-based independent provider of fund administration, accounting, and investor solutions, has been selected by Grandeur Peak Global Advisors to provide an enterprise-wide solution that includes middle office operations, as well as fund administration for private funds and mutual funds. As a result, Ultimus will be supporting the firm’s entire suite of investment products. Grandeur Peak is a global equities investment firm based in Salt Lake City, Utah.

Ultimus worked with the Grandeur Peak team to tailor and implement a solution suited to the unique requirements of its business. This involved a multi-phased conversion approach including the transition of 12 mutual funds into Ultimus’ trust governance infrastructure after an initial conversion of middle office operations and private fund administration.

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