Mergers & Acquisitions / Joint Ventures

Morgan Stanley opts for GlobeOp for managed account service


Morgan Stanley has selected GlobeOp Financial Services to provide independent middle and back office services, and detailed daily data and reporting for its managed account platform ALPHAS.

"Managed accounts require significant infrastructure to meet fund manager and investor demands for operational transparency and independently reconciled data," said Ron Tannenbaum, managing director, GlobeOp. "We welcome the opportunity to support Morgan Stanley with an established platform that currently serves more than 100 fund and investor clients with robust processing and a suite of web-based, customised reports."

GlobeOp's managed account platform services - GoMAP – offer independent middle and back office