2025 Winners
The winners were announced at a spectacular dinner and ceremony on September 16 at the stunning Guastavino’s, New York.
Each award celebrated service providers who have gone above and beyond over the past year, delivering outstanding client service, driving innovation, and setting new standards across the hedge fund services sector. Chosen through a rigorous judging process led by senior industry leaders, this year’s winners represent the very best in the business.
Congratulation to all of our winners!
2025 Winners
Best administrator: Client service - emerging managers
Formidium
Highly commended: Fund Associates
Best administrator: Client service - established managers
NAV Fund Services
Highly commended: Waystone
Best administrator: Emerging Managers
SGGG Fund Services
Best administrator: Middle-office services
Apex
Best administrator: Overall
Northern Trust Hedge Fund Services
Highly commended: NAV Fund Services
Best administrator: Private markets
BNY
Highly commended: Apex
Best administrator: Technology
Opus Fund Services
Best advisory firm: Compliance
PINE Advisor Solutions
Best advisory firm: Overall
EisnerAmper
Highly commended: Anchin
Best advisory firm: Regulation
Kroll
Best advisory firm: Tax
EY
Best AI solution or tool
Everysk
Best analytics tool
Portfolio BI
Best auditor
Citrin Cooperman
Best auditor: Emerging managers
Cohen & Co.
Best business banking service
FundBank
Best cash management or treasury service
Kayenta
Best cloud hosting solution
Abacus
Best custodian
U.S. Bank
Best cyber security service
Drawbridge
Highly commended: Align
Best data management solution
Arcesium
Highly commended: S&P Global Market Intelligence
Best digital assets provider
Haruko
Best fund accounting and reporting software
SS&C Advent
Best law firm: Private markets
Proskauer Rose LLP
Best managed IT service provider
ECI
Highly commended: Thrive
Best marketing and communications consultancy
Mischa Communications
Best offshore governance firm
Waystone
Best onshore law firm: Client service
Tannenbaum Helpern Syracuse & Hirschtritt LLP
Best onshore law firm: Emerging Managers
Akin
Best onshore law firm: Overall
Schulte Roth & Zabel
Highly commended: Alston & Bird
Best order management system (OMS)
Broadridge
Highly commended: SS&C Advent
Best outsourced operations/finance service
Altaira Strategic Partners
Best outsourced trading solution
Meraki
Highly commended: StoneX
Best portfolio management software (PMS)
Orchestrade
Highly commended: Coremont
Best prime broker: Client service
Triad Securities
Best prime broker: overall
Morgan Stanley
Best recruitment firm
Selby Jennings
Best RegTech firm
Confluence
Best risk management technology provider
Coremont
Best tech infrastructure provider
RFA
Highly commended: Abacus
Best valuations firm
Houlihan Lokey
Most innovative technology firm: Boutique
Align
Highly commended: Ediphy