OAKBROOK TERRACE, Ill., May 9, 2019 /PRNewswire-PRWeb/ -- NAV Fund Administration Group (NAV) has reached a new milestone by employing over 700 of the industry's top professionals.
NAV's expanding team includes over 100 software engineers, 450 accountants, and 100 registrar and transfer agency specialists.
"When we founded NAV in 1991, there were only a handful of us working out of an apartment in Chicago," recalls Nav Gupta, CEO. "The growth over 28 years has been surreal."
While the quantity of employees has been steadily increasing, the quality of those employees has been, too. Of the hundreds of accountants working for NAV, 70% are CAs, CPAs, MBAs, and/or CFAs. New accounting employees at NAV's offices must be CAs or CPAs and must undergo twelve months of training prior to being deployed in the production workflow. NAV's registrar and transfer agency team undergoes annual Anti-Money Laundering training, and managers in the department are required to complete additional courses from the Securities and Exchange Commission.
"This is only the start," says Gupta. "We will continue to expand our staff as our client base grows to ensure we are always providing the highest level of service possible."
About NAV Fund Administration Group
NAV Fund Administration Group ("NAV") is a fund administrator with over 28 years of experience in providing a comprehensive fund service offering including, accounting, reporting, investor servicing, and middle and back-office support to the hedge fund industry. NAV is ranked among the top 10 fund administrators in the world by number of funds. With assets under administration of US$68 billion, NAV employs 700+ people that serve a global client base of over 900 clients. NAV is differentiated in the industry by its independence, proprietary technology and client retention. For more information, please visit http://www.navconsulting.net
SOURCE NAV Fund Administration Group
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