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ISIS gets Cayman licence

Bermuda fund administrator ISIS Fund Services Ltd (ISIS) has been granted a Corporate Services Licence by the Cayman Islands Monetary Authority.ISIS will now be able to provide Cayman domiciled funds with registered office services through ISIS Fund Services (Cayman) Ltd.ISIS said it would continue to provide Cayman-domiciled funds with fund and portfolio accounting, investor servicing, corporate secretarial and independent directorship services through its offices in Bermuda and the US.“Establishing ISIS Fund Services (Cayman) Ltd is a natural extension of the company’s existing services having offshore headquarters and a large number of fund clients domiciled in Cayman,” says Ede Conyers, CEO of ISIS.“ISIS recognises the value of having an established presence in the Cayman Islands with Cayman being a key offshore jurisdiction and funds domicile and will allow the ISIS Funds Group to provide Cayman funds with a more comprehensive service offering.”ISIS has also recently set up a New York presence to facilitate marketing and business development efforts.This office will be solely an ISIS representative office and core operations will continue to be handled out of the company’s Bermuda and US offices.