Hedge Fund Services Awards | Europe
previous winners


Year on year, the With Intelligence HFM European Services Awards recognise and reward hedge fund service providers who demonstrate exceptional client service, innovative product development and strong and sustainable business growth.

The rigorous judging process, based on the views of a panel of leading hedge fund COOs, CFOs, CCOs, GCs and CTOs, ensures that the Awards stand out from the crowd as the ones the big providers really want to win, and recognise those driving up service standards across the sector.

Hedge Fund Services Awards | Europe 2025 winners



Best administrator – boutique and emerging managers
Waystone
Highly Commended: Apex Group
Best administrator – client service
US Bank Global Fund Services
Highly Commended: Waystone
Best administrator – middle-office services
BNP Paribas
Best administrator – overall
The Citco Group of Companies
Best administrator – private equity / credit
Apex Group
Highly Commended: HSBC Securities Services
Best administrator – technology
Opus Fund Services
Best adminstrator – private equity / credit – client service
BNY
Highly Commended: HSBC Securities Services
Best advisory firm – client service
Centralis Group
Best advisory firm – compliance
ACA Group
Best advisory firm – private equity / credit
Rosedge Capital AG
Best advisory firm – regulation
RQC Group
Highly Commended: Judd Advisory
Best cash management services
BlackRock
Best cloud technology – boutique and emerging managers
Lanware
Highly Commended: RFA
Best cloud technology solution
RFA
Best cyber-security service provider
ECI
Best data management solution
FINBOURNE Technology
Highly Commended: Oxane Partners
Best data provider
RFA
Best executive search
One Ten Associates
Best fund accounting and reporting software
FIS
Best hedge fund platform
Falcon Investment Management
Best innovation in AI
Orbit Financial
Best insurance provider
Gallagher
Best integrated surveillance firm
SteelEye
Best law firm – private equity / credit
Dechert
Best managed account platform
Deutsche Bank
Best managed service provider
Alternit One
Best marketing and communications consultancy
Lacewing Media
Best offshore law firm
Walkers
Best offshore law firm – client service
Maples Group
Best onshore law firm
Simmons & Simmons
Best onshore law firm – client service
Akin
Best outsourced provider
HSBC Securities Services & Mount Street
Best outsourced trading provider
Jefferies
Best portfolio management software provider
Coremont
Highly Commended: MAIA Technology
Best prime broker – boutique and emerging managers
StoneX
Best prime broker – client service
ABN AMRO Clearing Bank
Best prime broker – emerging markets
HSBC
Best prime broker – overall
Morgan Stanley
Highly Commended: J.P. Morgan
Best prime broker – technology
IG Prime
Best regtech solution
ACA Group
Best regulatory hosting solution
Vittoria & Partners
Best regulatory reporting solution
Qomply
Best risk management technology
Orchestrade
Highly Commended: Coremont
Best service provider – ESG
Waystone
Best tech infrastructure provider
RFA
Highly Commended: ECI
Best technology firm – client service
Alternit One
Best technology firm – overall
MAIA Technology
Highly Commended: Alternit One
Best treasury management system
Kayenta
Best UCITS platform
Lumyna Investments
Best valuations firm for hard to value assets
Houlihan Lokey
Most innovative technology firm – boutique
Portfolio BI
Most innovative technology firm – large scale
MAIA Technology

Hedge Fund Services Awards | Europe 2024 winners



Best administrator – alternative credit
HSBC Securities Services
Best administrator – client service
US Bank
Highly Commended: Centaur Fund Services Limited, a Waystone Group Company
Best administrator – middle-office services
BNP Paribas
Best administrator – overall
The Citco Group of Companies
Best administrator – start up and emerging funds
Opus Fund Services
Best administrator – technology
NAV Fund Administration Group
Best advisory firm – client service
Centralis
Best advisory firm – regulation and compliance
Cosegic
Best cash management/treasury services
BlackRock
Highly Commended: Goldman Sachs
Best cloud technology – smaller managers
RFA
Best cloud technology solution
Alternit One
Highly Commended: Lanware
Best cyber-security service provider
Alternit One
Best data management solution
Oxane Partners
Best data provider
Third Bridge
Best digital assets custodian
Copper
Best digital assets provider
Coinbase
Best EMS solution
SS&C Eze
Best executive search
One Ten Associates
Best fund accounting and reporting software
SS&C Advent
Best hedge fund platform
AKJ Group
Best insurance provider
Willis Towers Watson
Best integrated surveillance firm
SteelEye
Best law firm - alternative credit
Schulte Roth & Zabel
Highly Commended: Goodwin
Best law firm – client service
Akin
Best managed account platform
Deutsche Bank
Best managed service provider
Lanware
Highly Commended: ECI
Best marketing and communications consultancy
Lacewing Media
Best offshore law firm
Walkers
Best onshore law firm
Simmons & Simmons
Best onshore law firm – start up and boutique managers
Simmons & Simmons
Best outsourced provider
HSBC Securities Services & Mount Street
Best outsourced trading provider
Marex Prime Services
Best portfolio management software provider
MAIA Technology
Highly Commended: Broadridge
Best prime broker – boutique
StoneX
Highly Commended: Marex Prime Services
Best prime broker - client service
ABN AMRO Clearing Bank N.V.
Best prime broker – emerging markets
HSBC
Best prime broker – overall
HSBC
Highly Commended: Societe Generale
Best prime broker - technology
IG Prime
Best regtech solution
ACA Group
Best regulatory hosting solution
ACA Mirabella
Highly Commended: Vittoria and Partners
Best regulatory reporting solution
ACA Group
Best risk management technology
Orchestrade
Best service provider - ESG
Apex Group - Holtara
Best tech infrastructure provider
RFA
Best technology firm – client service
Alternit One
Best technology firm – innovation
Ediphy
Best technology firm – overall
FINBOURNE Technology
Highly Commended: MAIA Technology
Best treasury management system
Kayenta
Best UCITS platform
Lumyna Investments
Best valuations firm for hard to value assets
Houlihan Lokey

Hedge Fund Services Awards | Europe 2023 winners



Best administrator – start up and emerging funds
Opus Fund Services
Best administrator – alternative credit
HSBC Securities Services
Best administrator – middle-office services
The Citco Group of Companies
Best administrator – technology
Alter Domus
Best administrator – client service
BNP Paribas
HIGHLY COMMENDED: Apex Group
Best administrator – overall
US Bank
HIGHLY COMMENDED: The Citco Group of Companies
Best cash management / treasury services
BlackRock
Best treasury management system
Kayenta
Best executive search
One Ten Associates
Best marketing and communications consultancy
Lacewing Media
Best advisory firm – client service
Compliancy Services
HIGHLY COMMENDED: Larkstoke Advisors
Best advisory firm – regulation and compliance
Centralis
HIGHLY COMMENDED: Buzzacott
Best tax advisor
PricewaterhouseCoopers
Best valuations firm
Kroll
Best valuations firm for hard to value assets
Houlihan Lokey
Best insurance provider
Willis Insurance & Risk Management
HIGHLY COMMENDED: BMS Group
Best innovation in ESG
Apex Group
Best offshore law firm
Maples Group
HIGHLY COMMENDED: Walkers
Best law firm – client service
Schulte Roth & Zabel
Best law firm – alternative credit
Dechert
Best onshore law firm
Simmons & Simmons
Best UCITS platform
Lumyna Investments
Best managed account platform
Deutsche Bank - dbSelect
Best hedge fund platform
AK Jensen Investment Management
Best data provider
ACA Group
Best data management solution
Backstop Solutions
Best digital assets custodian
Copper
Best digital assets provider
Coinbase
Best regtech solution
ACA Group
Best regulatory reporting solution
Buzzacott
Best regulatory hosting solution
ACA Group
Best integrated surveillance firm
SteelEye
Best technology infrastructure provider
Alternit One
Best cloud technology – smaller managers
RFA
Best cloud technology solution
Lanware
HIGHLY COMMENDED: Options
Best cyber-security service
Drawbridge
HIGHLY COMMENDED: RFA
Best managed service provider
Alternit One
Best risk management technology
Orchestrade
Best portfolio management software provider
MAIA Technology
Best fund accounting and reporting software
SS&C Advent
Best outsourced provider
RFA
Best technology firm – client service
LiquidityBook
Best technology firm – innovation
Edgefolio
Best technology firm – overall
Alternit One
Best prime broker – boutique
TD Cowen
Best prime broker – emerging markets
HSBC Bank
Best prime broker – start up and emerging funds
IG Prime
Best prime broker – overall
Societe Generale
HIGHLY COMMENDED: ABN AMRO Clearing

Hedge Fund Services Awards | Europe 2022 winners



Best administrator – client service
Apex Group
Best administrator – start up and emerging funds
Opus Fund Services
Best advisory firm – client service
Effecta Compliance
Best cash management/treasury services
BlackRock
Best cyber-security service
Options
Best digital assets custodian
Coinbase
Best hedge fund platform
AK Jensen Group
Best managed account platform
Deutsche Bank
Best offshore law firm
Maples and Calder
Best outsourced provider
Cowen
Best prime broker – capital introduction
Societe Generale
Best regtech solution
SteelEye
Best research solution
Sentieo
Best technology firm – client service
Alternit One
Best Ucits platform
Lumyna Investments
Best administrator – ESG
Apex Group
Best administrator – technology
Citco Fund Services
Best advisory firm – ESG
Kroll
Best cloud technology – smaller managers
RFA
Best data management solution
FINBOURNE Technology
Best executive search
One Ten Associates
Best insurance provider
Willis Towers Watson
Best managed service provider
Lanware
Best onshore law firm
Simmons & Simmons
Best portfolio management software provider
Enfusion
Best prime broker – emerging markets
HSBC
Best regulatory hosting solution
ACA Mirabella
Best risk management technology
TS Imagine
Best technology firm – innovation
Kayenta
Best valuations firm for hard to value assets
Houlihan Lokey
Best administrator – middle-office services
Citco Fund Services
Best administrator overall
SS&C Technologies: SS&C GlobeOp
Best advisory firm – regulation and compliance
Wheelhouse Advisors
Best cloud technology solution
SS&C Technologies: Eze Eclipse
Best data provider
SimilarWeb
Best fund accounting and reporting software
Pacific Fund Systems
Best law firm – client service
Dechert
Best marketing and communications consultancy
Lacewing Media
Best onshore law firm – start-ups
Schulte Roth & Zabel
Best prime broker – boutique
IG Prime
Best prime broker overall
JP Morgan
Best regulatory reporting solution
Fingerprint
Best tech infrastructure provider
RFA
Best technology firm overall
FINBOURNE Technology

Hedge Fund Services Awards | Europe 2021 winners



Best administrator – smaller managers
NAV Fund Administration Group
Fund
Best administrator - reporting/regulatory services
Apex Group
Fund
Best administrator - fund of hedge funds
Centaur Fund Services
Fund
Best administrator – technology
Apex Group
Fund
Best administrator - overall
Citco Fund Services
Fund
Best regulation and compliance firm - client service
Duff & Phelps
Fund
Best valuations firm for hard to value assets
Houlihan Lokey
Fund
Best advisory firm - overall
ACA Group
Fund
Best regtech solution
Compliance Solutions Strategies
Fund
Best regulatory reporting solution
IHS Markit
Fund
Best onshore law firm - start-ups
Schulte Roth & Zabel
Fund
Best cloud technology solution
RFA
Fund
Best cyber-security service
ACA Aponix
Fund
Best managed service provider
Alternit One
Fund
Best tech firm - innovation
Options
Fund
Best tech infrastructure provider
Eze Castle Integration
Fund
Best specialist portfolio management system provider
TORA
Fund
Best risk management technology
Landy Tech
Fund
Best data management solution - smaller managers
Indus Valley Partners
Fund
Best data management solution
SteelEye
Fund
Best data provider
AdvantageData
Fund
Best outsourced trading
Cowen
Fund
Best Ucits platform
Lumyna Investments
Fund
Best executive search
One Ten Associates
Fund
Best insurance broker
Lockton
Fund
Best digital assets custodian
Copper
Fund
Best cash management/treasury services
BlackRock
Fund
Best prime broker - consulting
Societe Generale
Fund
Best prime broker - emerging markets
HSBC
Fund
Best boutique prime broker
Sova Capital
Fund

Hedge Fund Services Awards | Europe 2020 winners



Best administrator – smaller managers
Vistra
Best administrator – reporting/regulatory services
Apex Group
Best administrator – middle-office services
MUFG Investor Services
Best administrator – fund of hedge funds
BNY Mellon
Best administrator – technology
SS&C GlobeOp
Best administrator – client service
US Bank Global Fund Services
Best administrator – overall
Citco Fund Services
Best auditor
EY
Best advisory firm - regulation and compliance
Duff & Phelps
Best niche alternative advisory firm
Ocean Wall
Best regtech solution
AQMetrics
Best regulatory hosting solution
Mirabella Group
Best regulatory reporting solution
SteelEye
Best offshore law firm
Maples Group
Best onshore law firm - start-ups
Akin Gump Strauss Hauer & Feld
Best law firm - client service
Dechert
Best onshore law firm
Simmons & Simmons
Best cloud technology solution
Alternit One
Best cyber-security service
Charles Square
Best managed service provider
Enfusion
Best tech infrastructure provider
RFA
Best portfolio management software provider
SS&C Eze
Best risk management technology
Broadridge Financial Solutions
Best risk management technology - smaller managers
Northstar Risk Corp
Best technology firm - client service
Numerix
Best technology firm - overall
Options Technology
Best fund accounting and reporting software
SS&C Advent
Best data management solution
Redline Trading Solutions
Best data provider
Refinitiv
Best depositary solution
BNP Paribas Securities Services
Best managed account platform
Lyxor Asset Management
Best outsourced finance service
haysmacintyre
Best outsourced middle and back office operations
HedgeFacts
Best outsourced trading solution
Outset Global
Best Ucits platform
Lumyna
Best valuations firm for hard to value assets
Houlihan Lokey
Best executive search
One Ten Associates
Best marketing and communications consultancy
Prosek
Best insurance broker
Lockton
Best cash management/treasury services
BlackRock
Best custodian
State Street
Best digital custodian
Copper
Best prime broker - capital introduction
Goldman Sachs
Best prime broker in emerging markets
HSBC Prime
Best boutique prime broker
Cowen International
Best prime broker
Morgan Stanley

Hedge Fund Services Awards | Europe 2019 winners



Best administrator - fund of hedge funds
BNP Paribas Securities Services
Best administrator – middle-office services
BNY Mellon
Best administrator - reporting/regulatory services
Apex Group
Best administrator – small managers
Circle Partners
Best administrator – technology
Northern Trust
Best administrator - under $300bn client service
Centaur Fund Services
Best administrator - over $300bn client service
Citco Fund Services
Best administrator - under $300bn single manager
US Bank Global Fund Services (Ireland)
Best administrator - over $300bn single manager
Citco Fund Services
Best audit services
KPMG
Best advisory firm – regulation and compliance
Robert Quinn Consulting
Best valuations firm for hard to value assets
Duff & Phelps
Best information and data provider
Bloomberg
Best depositary solution
HSBC
Best hedge fund platform
AK Jensen Group
Best managed account platform
Deutsche Bank
Best regulatory hosting platform
Mirabella
Best Ucits platform
Schroder Gaia
Best treasury management solution
CME Group
Best digital asset custodian
Enfusion
Best tech infrastructure provider
Copper
Best Mifid II solution – research management
Red Deer
Best Mifid II solution – trade and transaction reporting
Digiterre
Best marketing and communications consultancy
Greenbrook
Best insurance broker
Lockton
Best data management solution
Options Technology
Best use of cloud technology
RFA
Best regtech solution
Red Deer
Best risk management technology provider
Numerix
Best tech infrastructure provider
Hentsu
Best portfolio management software provider - for small and start-up firms
Enfusion
Best portfolio management software provider
Broadridge Financial Solutions
Best fund accounting and reporting software
SS&C Eze
Best cyber-security service
Tessian
Best cloud technology provider - for small and start-up firms
Charles Square
Best managed service provider
Alternit One
Best outsourced operations/finance service
HedgeFacts
Best outsourced trading solution
Linear Investments
Best onshore law firm – start-ups
Simmons & Simmons
Best onshore law firm client service
Akin Gump
Best offshore law firm
Maples and Calder
Best onshore law firm
Dechert
Best prime broker – capital introduction
Morgan Stanley
Best prime broker - innovation
Saxo Markets
Best prime broker – technology
Interactive Brokers
Best prime broker in emerging markets
HSBC
Best boutique prime broker
Cowen
Best overall prime broker
Goldman Sachs

Hedge Fund Services Awards | Europe 2018 winners



Best offshore law firm
Maples and Calder
Best onshore law firm
Simmons & Simmons
Best onshore law firm – client service
Dechert
Best onshore law firm – hedge fund start-ups
Schulte Roth & Zabel
Best administrator - over $30bn single manager
Citco
Best administrator - reporting/regulatory services
Northern Trust
Best administrator – over $30bn innovation
Apex Fund Services
Best administrator - over $30bn client service
Quintillion
Best administrator - over $30bn fund of hedge funds
BNY Mellon
Best advisory firm – regulation and compliance
Duff & Phelps
Best Mifid II solution – research management
Red Deer
Best Mifid II solution – trade and transaction reporting
Digiterre
Best regulatory hosting platform
Mirabella
Best audit services
KPMG
Best fund accounting and reporting software
Eze Software
Best outsourced operations/finance service
Buzzacott
Best treasury management solution
Nex Enso
Best valuations firm for hard to value assets
Houlihan Lokey
Best depository solution
BNP Paribas Securities Services
Best administrator - under $30bn single manager
Vistra Fund Services
Best administrator – under $30bn innovation
Custom House
Best administrator - under $30bn client service
Circle Partners
Best administrator - under $30bn fund of hedge funds
Maitland
Best administrator – middle-office services
SS&C GlobeOp
Best administrator – technology
SEI
Best administrator – Ucits funds
HSBC Securities Services
Best outsourced trading solution
Linear Investments
Best boutique prime broker
Cowen International
Best prime broker - innovation
Invast Global
Best prime broker – capital introduction
J.P. Morgan
Best prime broker – technology
Saxo Markets
Best prime broker in emerging markets
HSBC
Best overall prime broker
Morgan Stanley
Best cyber-security service
RFA
Best hedge fund platform
Eze Software
Best hedge fund platform – emerging funds
AK Jensen
Best information and data provider
Thomson Reuters
Best managed service provider
Indus Valley Partners
Best portfolio management software provider
Enfusion
Best risk management technology provider
HedgeFacts
Best tech infrastructure provider
RFA
Best technology for small and start-up firms
Charles Square
Best use of cloud technology
Eze Castle Integration
Best executive search firm
Mondrian Alpha
Best hedge fund insurer
Travelers Insurance
Best insurance broker
Howden Group
Best managed account platform
Lyxor Asset Management
Best marketing and communications consultancy
Peregrine Communications
Best Ucits platform
Bank of America Merrill Lynch