Careers - Service Providers

Fund administrators, transfer agents and trustees / depositaries / custodians are all service providers in the funds and asset management industry.

Fund Administration Services

Fund administrators are authorised and supervised by the Central Bank of Ireland to handle the day-to-day operations of a fund. They are a ‘back office’ function and are responsible for making sure everything is done to enable the fund to run efficiently in all aspects, except the actual investment of assets. Fund administrators typically handle or coordinate with other service providers for auditing, company secretarial services, depositary services, listing on the stock exchange and transfer agents. Ireland is a recognised leader in administration for investment funds. This reputation extends to both Irish-domiciled funds and funds based in jurisdictions around the world. There are more than 40 administration companies operating in Ireland.

Transfer Agency Services

Transfer agents play a crucial role in investor servicing. The transfer agent is usually the primary point of contact for investors wishing to invest in a fund in Ireland. In addition to providing high levels of service, transfer agency staff need to be proficient in the requirements of the funds and in the regulatory requirements applicable to the provision of transfer agency services in Ireland. Ireland is well-known for its experienced transfer agents. This reputation is firmly established for both the retail and alternative investment sides of the funds industry.

Trustee / Custodian / Depositary Services

The role of a trustee, custodian and depositary is primarily safeguarding the assets and protecting the interests of investors. Legal and regulatory obligations vary from UCITS to AIFs. For example, each Irish regulated Collective Investment Scheme must appoint a depositary located in Ireland. The depositary role has evolved and been harmonised further at EU level since AIFMD, and UCITS V updated the duties of a UCITS depositary to bring these in line with AIFMD.

Service Providers Overview

Fund Accounting

Financial Reporting

Transfer Agency

AML/KYC

Custody

Depositary

Treasury

Implementation/Onboarding

Product Specific (e.g. ETFs or Alternatives)

Private Equity

Meet The People

We asked funds industry professionals to share their backgrounds and experiences working in the industry. They talk about career development, where they're from, what they enjoy most in their roles and what they're involved in at their company and outside of work

View All

'I have worked in the funds industry for nearly 20 years in a number of roles – starting as a Fund Accountant and eventually managing the New Business Integration unit within State Street.'

Karen Campbell Profile Image

Karen Campbell

Vice President - Change Management at State Street Ireland

Read More

Tara talks about her pathway into the funds industry as a non-business/finance graduate, moving into a new role at PwC, and the flexible working culture she has encountered.

Tara Doogan Profile Image

Tara Doogan

Manager, Regulatory Advisory, Asset & Wealth Management at PwC

Read More

Patrick talks about his career path in the funds industry leading to a fintech role, his proudest achievements, work-life balance and getting involved in the community.

Patrick Cahil Profile Image

Patrick Cahil

IT Business Analyst at Carne Group

Read more
0103