GlobeOp History

Founded on strong hedge fund expertise, GlobeOp’s history reflects steady client base growth and increased demand for new hedge fund support services and products.

2010

  • Full-year results (2009) - AuA grew 24% to $109 billion and were up 30% during second half of the year

 

2009

  • Managed Services launched - hosted datacenters, business continuity and disaster recovery
  • Full-year results (2008) - $91 billion in AuA, record revenues - 27% increase

 

Stanford University Business Case Study: "GlobeOp: Structuring for Hedge Fund Growth, 2003-2008."

 

2008

  • GlobeOp ranked in FinTech 100, RiskTech 100
  • Data center and office space acquired in Yorktown Heights, NY
  • Stanford University documents GlobeOp in first fund administrator business model case study
  • Strong first full-year results (2007) as a listed company - $97 billion in AuA, revenues increase 23%

2007

  • Official Hartford, CT, USA office opens
  • London Stock Exchange listing (LSE: GO.)
  • GlobeOp successfully completes SAS70 Type II audit
  • Dublin office opens

2006

  • Third India office opens, in Malad area of Mumbai (Bombay)
  • GlobeOp successfully completes SAS70 Level 1 audit
  • Hartford, CT, USA office investment plan awarded CEDAS Project of the Year

2005

  • Second India office opens, in Malad area of Mumbai
  • Separate power grid & data center provide business continuity
  • Data centre in Wappingers Falls, NY, USA opens to enhance global business continuity & disaster recovery capabilities

2004

  • Mumbai office expands to over 200 employee capacity

 

Stanford University Business Case Study: "GlobeOp: Enabling Hedge Funds, 2000-2003."

 

2003

  • Cayman Islands affiliate established to provide administration services directly to clients
  • GlobeOp Financial Services (India) established. 23 employees
  • Bandra Kurla office opens in Mumbai stock exchange complex
  • TA Associates acquire substantial minority

2000

  • GlobeOp Financial Services founded in Luxembourg
  • Offices in London, UK; Harrison and New York, USA; 18 employees overall
  • GlobeOp Risk Services launched