NAV Fund Administration Group Earns Best Administrator - Technology Award

NAV Fund Administration Group, a leading provider of administrative services to alternative asset managers, was announced as Best Administrator ‐ Technology at the With Intelligence HFM US Services Awards in New York City on September 13.

The With Intelligence HFM US Services Awards "recognize and reward hedge fund service providers who have demonstrated exceptional client service, innovative product development, and strong and sustainable business growth over the past 12 months."

"NAV's continuous development strategy consistently adds performance and security enhancements to deliver more functionality, exceptional security, and expanded management and communication tools," said NAV VP of Strategic Solutions Ravi Gupta. "Recent releases to the NAV client and investor portals have featured biometric login options, a fund onboarding tool, and full-featured mobile apps for Android™ and iOS® platforms."

"It's been a busy year and we're honored that our efforts have been recognized by the industry. Kudos to our talented in-house IT team that goes above and beyond to ensure our clients access to best-in-class services and tools," Gupta said.

NAV was named Best Administrator ‐ Technology by a judging panel composed of leading hedge fund COOs, CFOs, CCOs, GCs and CTOs charged with "identifying service providers that drive up standards across the sector and stand out from the crowd." Specific evaluation criteria included:

• Commercial success and business growth
• Demonstration of product or service innovation
• Description of future product or service development possibilities
• Positive customer feedback via submitted testimonials