Intertust acquires US fund administration provider Viteos

Intertrust has acquired Viteos, a US fund administration provider which delivers tech-enabled, value added services to the funds industry – for an undisclosed sum. A statement said: “As well as widening our range of services with its comprehensive fund solutions, Viteos’ leading edge technology across artificial intelligence, blockchain and robotics process automation will enable us to significantly enhance our service offering, benefitting clients in the Americas, Europe and Asia, and across corporates, funds, capital markets and private wealth.” With more than 700 employees, Viteos has grown into an industry leader servicing $350 billion in assets. The company says that clients will