Previous winners
For more than 15 years, the highly sought-after Hedge Fund Services Awards | US have celebrated the firms powering the success of the US hedge fund industry. Each year, the awards recognise and reward service providers who demonstrate exceptional client service, innovative product development and strong, sustainable business growth.
Held at one of New York’s most iconic venues, the ceremony has become a highlight of the hedge fund calendar and an evening that brings together senior leaders and peers from across the industry for a night of recognition and celebration.
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 insurance provider
Alliant
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
McDermott Will & Schulte
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
Most innovative technology firm: Large scale
Liquidnet
2024 Winners
Best Administrator: Overall
Citco
Highly Commended - NAV Fund Administration Group
Best Administrator: Client Service
Waystone
Highly Commended - BNP Paribas
Best Administrator: Emerging Managers
Artex Fund Services
Highly Commended - US Bank
Best Administrator: Middle-Office Services
Northern Trust Hedge Fund Services
Best Administrator: Reporting/Regulatory Services
U.S. Bank
Best Administrator: Technology
Opus Fund Services
Highly Commended - NAV Fund Administration Group
Best Advisory Firm: Regulation and Compliance
Vigilant
Best Advisory Firm: Tax
Withum
Highly Commended - KPMG
Best AI Managed Platform or Tool
SOLVE
Best Analytics Tool
Northern Trust Investment Data Science - Equity Data Science
Highly Commended - Everysk
Best Auditor - Middle Market
EisnerAmper
Highly Commended - Cohen & Co
Best Auditor - Overall
KPMG
Best Auditor - Start Ups
Anchin
Highly Commended - Cohen & Co
Best Boutique Prime Broker
StoneX Prime Services
Highly Commended - Triad Securities
Best Business Banking Service
FundBank
Best Cloud Hosting Solution
Abacus Group
Best Custodian
BNY
Best Cybersecurity Service
RFA
Highly Commended - Abacus Group
Best Data Management Solution
Oxane Partners
Highly Commended - Northern Trust Investment Data Science - Equity Data Science
Best Digital Assets Provider
NAV Fund Administration
Best EMS
SS&C Advent
Best Executive Search Firm
Selby Jennings
Best Fund Accounting and Reporting Software
SS&C Advent
Highly Commended - OpEff Technologies
Best Information and Data Provider
Vidrio Financial
Best Innovation in ESG
Acuity Knowledge Partners
Best Insurance Broker
Alliant
Best IT Consultancy
Linedata
Best Law Firm - Alternative Credit
Schulte Roth & Zabel
Best Managed IT Service Provider
Siepe
Best Marketing and Communications Consultancy
Mischa Communications
Best Offshore Governance Firm
Calderwood
Best OMS
Broadridge
Best Onshore Law Firm
Akin
Highly Commended - Kleinberg, Kaplan, Wolff & Cohen, P.C.
Best Onshore Law Firm – Client Service
Tannenbaum Helpern Syracuse & Hirschtritt
Best Onshore Law Firm Startups
Alston & Bird
Best Outsourced ManCo
Apex Group
Best Outsourced Operations/Finance Service
Linedata
Highly Commended - Arcesium
Best Outsourced Trading Solution
Meraki Global Advisors
Highly Commended - Jones Trading
Best Portfolio Management Software
Oxane Partners
Highly Commended - Quantifi
Best Prime Broker
Goldman Sachs
Best Prime Broker – Capital Introduction
BNY
Best Prime Broker for Emerging Managers
Interactive Brokers
Highly Commended - Meraki
Best RegTech Firm
SteelEye
Best Risk Management Technology Provider
Orchestrade
Highly Commended - Everysk
Best Shadow Accounting Firm
CSC
Best Technology Infrastructure Provider
Everysk
Best Treasury Management Solution
Arcesium
Highly Commended - Kayenta
Best Valuations Firm for Hard to Value Assets
Houlihan Lokey
Most Innovative Technology Firm - Boutique
AQMetrics
Highly Commended - DiligenceVault
Most Innovative Technology Firm - Large Scale
Clear Street
Highly Commended - RFA
2023 Winners
Best administrator - client service
U.S. Bank Global Fund Services
Highly Commended - Ultimus LeverPoint
Best administrator – emerging managers
NAV Fund Administration Group
Best administrator - fund of hedge funds
Centaur Fund Services US, Inc., a Waystone Group Company
Best administrator – middle-office services
Northern Trust - Hedge Fund Services
Best administrator - reporting/regulatory services
IQ-EQ
Best administrator – technology
Citco
Best administrator - overall
Citco
Highly Commended - Northern Trust Hedge Fund Services
Best advisory firm - regulation and compliance
Waystone Compliance Solutions
Best advisory firm - tax
EY
Best analytics tool
Kayenta
Highly Commended - Quantifi
Best auditor - middle market
EisnerAmper
Highly Commended - Anchin
Best auditor - overall
KPMG
Best auditor - start ups
EY
Highly Commended - Anchin
Best boutique prime broker
Clear Street
Best business banking service
AXOS Bank
Best integrated surveillance firm
SteelEye
Best custodian
FundBank
Highly Commended - Interactive Brokers
Best cyber-security service
Elteni
Best data management solution
Northern Trust Investment Data Science - Equity Data Science
Best EMS
TS Imagine
Best digital assets provider
Coinbase
Best innovation in ESG
Maples Group
Best executive search firm
Selby Jennings
Best fund accounting and reporting software
SS&C Advent
Best information and data provider
SOLVE
Highly Commended - M Science
Best insurance broker
Alliant
Best IT consultancy
RFA
Best managed IT service provider
Omega Systems
Best marketing and communications consultancy
Ovis Creative
Best offshore governance firm
Calderwood
Best OMS
SS&C Eze
Best onshore law firm
Akin Gump Strauss Hauer & Feld LLP
Highly Commended - Schulte Roth & Zabel
Best onshore law firm – client service
Seward & Kissel
Best onshore law firm start-ups
Proskauer Rose LLP
Best law firm - alternative credit
Schulte Roth & Zabel
Best outsourced ManCo
Acuity
Highly Commended - Apex Group
Best outsourced operations/finance service
Linedata
Highly Commended - Acuity
Best outsourced trading solution
StoneX
Best managed account platform
Kettera Strategies
Best portfolio management software
Broadridge
Highly Commended - Orchestrade
Best prime broker
BNY Mellon | Pershing
Best prime broker – capital introduction
Societe Generale
Highly Commended - TD Cowen
Best risk management technology provider
TS Imagine
Best shadow accounting firm
CSC
Best tech infrastructure provider
RFA
Best treasury management solution
Arcesium LLC
Highly Commended - Hazeltree
Best valuations firm for hard to value assets
Houlihan Lokey
Most innovative technology firm
Portfolio BI
Highly Commended - Backstop Solutions
2022 Winners
Best administrator - client service
Centaur Fund Services US, Inc.
Best administrator – emerging managers
Opus Fund Services
Best administrator - fund of hedge funds
BNP Paribas
Best administrator – middle-office services
Northern Trust
Best administrator - reporting/regulatory services
U.S. Bank Global Fund Services
Best administrator – technology
NAV Fund Administration Group
Best administrator - overall
Apex Group
Best advisory firm - regulation and compliance
IQ EQ
Best advisory firm - tax
EY
Best analytics tool
Enfusion
Best auditor - middle market
EisnerAmper
Best auditor - overall
KPMG
Best auditor - start ups
Withum
Best boutique prime broker
Clear Street
Best business banking service
Axos Bank
Best Crypto Platform/Service - NEW 2022
SS&C Eze
Best custodian
UMB
Best cyber-security service
Drawbridge
Best data management solution
Backstop
Best EMS
TS Imagine
Best ESG Admin
Apex Group
Best ESG Advisory - NEW FOR 2022
ACA Group
Best executive search firm
Selby Jennings
Best fund accounting and reporting software
Citco
Best information and data provider
M Science
Best insurance broker
Alliant
Best IT consultancy
RFA
Best managed IT service provider
Options
Best marketing and communications consultancy
Ovis
Best offshore governance firm
Calderwood
Best OMS
Portfolio BI
Best onshore law firm
Katten
Best onshore law firm – client service
Schulte Roth & Zabel LLP
Best onshore law firm start-ups
Akin Gump Strauss Hauer & Feld LLP
Best Outsourced ManCo - NEW FOR 2022
Waystone
Best outsourced operations/finance service
Arcesium
Best outsourced trading solution
JonesTrading
Best PEO (Professional Employer Organization) - NEW FOR 2022
Emplova PEO
Best portfolio management software
SS&C Advent
Best prime broker
Goldman Sachs
Best prime broker – capital introduction
Cowen
Best risk management technology provider
SteelEye
Best shadow accounting firm
Intertrust Group
Best tech infrastructure provider
ACE IT Solutions, an Omega Systems company
Best treasury management solution
Kayenta
Best valuations firm for hard to value assets
Houlihan Lokey
Most innovative technology firm
AQMetrics
2021 Winners
Best administrator - client service
Centaur Fund Services
Best administrator - client service - emerging managers
Opus Fund Services
Best administrator - emerging managers
U.S. Bank Global Fund Services
Best administrator - fund of hedge funds
Citco
Best administrator - middle-office services
BNP Paribas Securities Services
Best administrator - reporting/regulatory services
Apex Group
Best administrator - technology
Northern Trust
Best administrator - overall
Citco
Best advisory firm - regulation & compliance
ACA Group
Best advisory firm - tax
EisnerAmper
Best auditor - middle market
Withum
Best auditor - start ups
Anchin
Best auditor - overall
KPMG
Best boutique prime broker
Cowen
Best business banking services
Axos Bank
Best custodian
UMB Institutional Custody
Best cyber-security service
ACA Aponix
Best data management solution
Backstop Solutions Group
Best executive search firm
Selby Jennings
Best fund accounting and reporting software
SS&C Advent - Geneva
Best independent cap intro provider
Agecroft Partners
Best information and data provider
M Science
Best insurance broker
Alliant Insurance Services
Best managed IT service provider
Agio
Best marketing and communications consultancy
Ovis Creative
Best offshore governance
Athena International Management
Best OMS/ EMS provider
SS&C Eze: Eze Investment Suite
Best onshore law firm
Schulte Roth & Zabel LLP
Best onshore law firm - client service
Seward & Kissel
Best onshore law firm - start-ups
Akin Gump Strauss Hauer & Feld LLP
Best outsourced operations/finance service
Arcesium
Best outsourced trading solution
JonesTrading Institutional Services, LLC
Best portfolio management software
FIS Global
Best prime broker
Goldman Sachs
Best prime broker - capital introduction
BNY Mellon | Pershing
Best risk management technology provider
Enfusion
Best shadow accounting firm
IQ-EQ US
Best tech infrastructure provider
RFA
Best technology firm - newcomer
gVue, a Greyline Company
Best treasury management solution
Hazeltree Fund Services, Inc.
Best valuations firm for hard to value assets
Houlihan Lokey
2020 Winners
Best administrator
Citco
Best administrator - client service
Centaur Fund Services US
Best administrator - fund of hedge funds
BNY Mellon
Best administrator – middle-office services
NAV Fund Administration Group
Best administrator - reporting/regulatory services
Apex Group Ltd
Best administrator – small managers
Opus Fund Services
Best administrator – technology
SS&C Technologies
Best advisory firm – regulation and compliance
Seward & Kissel
Best advisory firm – tax
Cohen & Company
Best auditor
KPMG
Best auditor - smaller managers
EisnerAmper
Best boutique prime broker
Cowen Prime Services
Best business banking service
Axos Bank
Best custodian
U.S. Bank Global Fund Services
Best cyber-security service
Agio
Best data management solution
Portfolio BI
Best executive search firm
Selby Jennings
Best fund accounting and reporting software
SS&C Advent - Geneva
Best independent cap intro provider
Castle Hill Capital Partners
Best information and data provider
IHS Markit
Best insurance broker
Crystal Financial Institutions, a division of Alliant Insurance Services
Best managed service provider
Arcesium
Best marketing and communications consultancy
Peregrine Communications
Best offshore governance firm
Athena International Management
Best onshore law firm
Schulte Roth & Zabel
Best onshore law firm – client service
Akin Gump Strauss Hauer & Feld
Best onshore law firm start-ups
Katten
Best outsourced operations/finance service
Constellation Advisers
Best outsourced trading solution
JonesTrading
Best portfolio management software
Enfusion
Best prime broker
Goldman Sachs
Best prime broker – capital introduction
BNY Mellon | Pershing
Best risk management technology provider
LayerOne Financial
Best shadow accounting firm
Viteos
Best tech infrastructure provider
RFA
Best technology firm – newcomer
Daloopa
Best treasury management solution
Indus Valley Partners
Best use of cloud technology
Eze Castle Integration
Best valuations firm for hard to value assets
Houlihan Lokey
2019 Winners
Best administrator – small managers
Opus Fund Services
Best administrator – technology
SS&C
Best administrator – middle-office services
Ultimus
Best fund accounting and reporting software
SS&C Advent
Best shadow accounting firm
Viteos Fund Services
Best valuations firm for hard to value assets
Houlihan Lokey
Best treasury management solution
Enso
Best advisory firm – tax
EY
Best advisory firm – regulation and compliance
ACA Compliance Group
Best administrator - reporting/regulatory services
BNY Mellon
Best administrator - under $300bn client service
Centaur Fund Services
Best administrator - over $300bn client service
Apex Group
Best cyber-security service
Agio
Best use of cloud technology
Eze Castle Integration
Best technology for small and start-up firms
Siepe
Best managed service provider
Eze Castle Integration
Best tech infrastructure provider
Agio
Best outsourced operations/finance service
Constellation
Best boutique prime broker
Cowen
Best portfolio management software
Enfusion
Best outsourced trading solution
JonesTrading
Best independent cap intro provider
Castle Hill Capital Partners
Best prime broker – capital introduction
Morgan Stanley
Best overall prime broker
Goldman Sachs
Best data management solution
Arcesium
Best risk management technology provider
FIS
Best alternative data provider
IHS Markit
Best information and data provider
Refinitiv
Best hedge fund recruitment firm
Selby Jennings
Best marketing and communications consultancy
Peregrine
Best onshore law firm – hedge fund start-ups
Akin Gump Strauss Hauer & Feld
Best onshore law firm – client service
Lowenstein Sandler
Best onshore law firm
Schulte, Roth & Zabel
Best administrator - under $30bn fund of hedge funds
US Bancorp
Best administrator - over $30bn fund of hedge funds
SS&C
Best auditor
KPMG
Best custodian - NEW
Northern Trust
Best exchange operator - NEW
CME Group
Best administrator - under $300bn single manager
US Bancorp
Best administrator - over $300bn single manager
Citco
2018 Winners
Best shadow accounting firm
Viteos Fund Services
Best advisory firm – tax
EY
Best advisory firm – regulation and compliance
ACA Compliance Group
Best technology for small and start-up firms
InfoHedge Technologies
Best risk management technology provider
Numerix
Best independent cap intro provider
Castle Hill Capital Partners
Best information and data provider
Thomson Reuters
Best outsourced trading solution
Cowen Prime Services
Best outsourced operations/finance service
Constellation Advisers
Best administrator – small managers
NAV Fund Administration Group
Best administrator – middle-office services
US Bancorp Fund Services
Best administrator - fund of hedge funds
Citco
Best administrator - under $300bn client service
BNP Paribas
Best administrator - under $300bn single manager
NAV Fund Administration Group
Best audit services - smaller managers
Anchin, Block & Anchin
Best audit services
EY
Best executive search firm
GQR
Best portfolio management software
Enfusion
Best data management solution
Broadridge Financial Solutions
Best cyber-security service
ACA Aponix
Best use of cloud technology
Abacus Group
Best managed service provider
Agio
Best tech infrastructure provider
Abacus Group
Best CRM system
Backstop Solutions Group
Best fund accounting and reporting software
Eze Software
Best managed account platform
Lyxor Asset Management (USA)
Best administrator - reporting/regulatory services
SS&C Technologies
Best administrator – technology
SS&C Technologies
Best administrator - over $300bn client service
Northern Trust
Best administrator - over $300bn single manager
BNY Mellon
Best valuations firm for hard to value assets
Houlihan Lokey
Best treasury management solution
Citco
Best marketing consultancy
Peregrine Communications
Best communications consultancy
Prosek Partners
Best offshore law firm
Harneys
Best boutique law firm
Tannenbaum Helpern Syracuse & Hirschtritt
Best onshore law firm – client service
Lowenstein Sandler
Best onshore law firm – hedge fund start-ups
Kleinberg, Kaplan, Wolff & Cohen, P.C.
Best onshore law firm
Akin Gump Strauss Hauer & Feld
Best prime broker – tech and innovation
Interactive Brokers
Best prime broker - consulting services
Goldman Sachs
Best boutique prime broker
JonesTrading
Best prime broker – capital introduction
JP Morgan
Best overall prime broker
Morgan Stanley Prime Brokerage