Maples Finance, an independent global fund administrator, has opened a Montreal office to service the North American region.

Maxine Rawlins, CEO of Maples Finance described the Montreal office as "a long-term investment in developing a regional hub that expands Maples Finance's global footprint." Rawlins said the company expects to grow its onshore fund administration business, particularly in North America.

Over the past three years, Maples Finance has opened offices in Dublin, Dubai, Hong Kong and Luxembourg.

A new industry leading global fund administration platform will allow Maples Finance to build a scalable business in Montreal.

The Montreal office, Services Administratifs de fonds Maples, will eventually have over 50 people. It will provide training and international professional career opportunities in middle- and back-office accounting and administration services, and information technology.

Maples Finance provides a full range of fund administration services to onshore and offshore funds managed.