Prior to founding FundApps, we worked in the financial industry to advise asset managers on compliance and technology. We repeatedly saw a reliance on Excel and a huge overlap between managers as each tried to avail themselves of their regulatory responsibility with massively inconsistent results. For many, this set of circumstances frequently led to exorbitant operating costs, regulatory fines and reputational damage.
In retrospect, it seems blindingly obvious that asset managers should not be burdened with the overhead of dedicated servers, IT staff, regulatory experts and dedicated rule coders in order to simply keep pace with regulatory change. But, this was the unavoidable norm in 2010.
However, with the rise of cloud technology, we saw the opportunity to help asset managers across the globe. We pioneered a new business model that combined the latest software, far in advance of the tools typically used by asset managers, with world-class regulatory expertise.
When combined, this allows for a new type of service, which is always up-to-date with the latest regulatory content. This enables managers to check their positions and immediately understand their obligation to disclose to regulators around the world.
ProsIt's a really enjoyable team to be part of and everyone cares for each other. When you ask for help it's always available and there's a great social vibe in the team even though we're all at home at
ConsI can't think of any right now. I am sure there are plenty of challenges on the horizon but from what I've seen I am confident FundApps will overcome them.
I applied online. I interviewed at FundApps (United Kingdom)
InterviewAn initial chat with Talent Partner and Lead UX, the second stage will be portfolio review but I didn't reach that stage as I have another job offer. I wanted to give a big shout-out to the Talent Partner, she is so positive! The only HR that reply a follow-up email after I withdraw the application (most company will ghost the candidate). This reflects positively on the culture of Fundapp. It was a great experience!
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...It was a really great internship...
26 October 2020