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Posted by Erika Lewis |
June 30 2021
Happy Canada Day, Sudrania!
This Canada Day, we have so many reasons to celebrate. As we emerge from this pandemic and embark on a road to recovery, Canada, and the Toronto Region remain top-of-mind for international investors. Our message remains the same: we grow, attract, and retain talent like no other.
Just ask Sudrania Fund Services (“Sudrania”)! This Canada Day is extra special for them, as the company celebrates its five year anniversary and its first expansion to the Canadian market. Sudrania is a global fund administrator based in Chicago, serving the global investment fund management community with its
platform, a cloud-based fund administration application that integrates portfolio, fund accounting and investor reporting. In five short years, the company has grown to 600 employees, serving over 500 clients, globally.
Sudrania is wasting no time in scaling up its operations in Toronto. The company has found the talent it needs, and quickly, with five people currently employed and plans to hire 20-25 people by the end of 2021. The growth that Sudrania has experienced in the last five years is a testament to the company’s client servicing and flexibility.
The pandemic has accelerated digital transformation, pushing companies over the technology tipping point, and changing business forever. Sudrania didn’t miss a beat, transitioning its workforce to a work-from-home model in fewer than 48 hours. The company capitalized on the opportunity to disrupt the financial services industry – one that had remained predominantly office-based. Sudrania’s expansion to Toronto represents a strategic market for growth. With our location in the Eastern time zone, immigration-friendly policies, strong financial services sector, and access to a wealth of global talent, Sudrania expects its Toronto office to amplify its already tremendous growth.
“We see our Toronto location as pivotal to achieving our goal of becoming a dominant global fund administrator,”said Nilesh Sudrania, Co-Founder and CEO, Sudrania. “We have been very impressed with the level of talent available in Toronto and the impact the team has made already. Overall, we have fantastic representation with a presence in India, the U.S. and now, Canada.”
The Toronto Region talent story is well-worn for good reason. To grow, financial technology companies like Sudrania need people, and there’s no better place to be than in the fastest growing financial market in North America.
We welcome Sudrania to the Toronto Region and join the team in celebrating its first-ever Canada Day!
Senior Communications Specialist
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