NEW YORK, Dec. 4, 2017 /PRNewswire/ -- Ernst & Young LLP (EY) has been named Best Overall Advisory Firm by the HFM US Hedge Fund Services Awards for the second consecutive year, and also earned the title of Best Accounting Firm, representing the eighth year EY has earned this recognition.
HFM notes that EY received Best Overall Advisory Firm for its unsurpassed level of innovation and unmatched client service and Best Accounting Firm for its ability to help clients achieve superior growth.
"EY is honored to receive these awards, a true testament to our commitment to lead innovative service offerings in the hedge fund sector and exceed our clients' expectations," said Michael Serota, Partner, Financial Services Organization, Ernst & Young LLP, and EY Global Leader of Hedge Fund Services. "Our globally integrated teams continue to excel at guiding organizations through the evolving hedge fund industry landscape, anticipating their unique regulatory, accounting, tax and technology needs, while advancing their long-term growth goals."
Each year the HFM US Hedge Fund Services Awards honor service and solution providers within the hedge fund sector that have demonstrated exceptional innovation, client service and performance over the past 12 months. Entries undergo two stages of judging, shortlisting and final judging, and are assessed both quantitatively and qualitatively. At each stage, a panel of senior level industry representatives evaluates performance results, qualitative information and client testimonials to reach their decision.
"We are extremely proud of EY's legacy as a firm that provides the best consultancy and product innovation to valued clients," said Natalie Deak, Partner, Financial Services Organization, Ernst & Young LLP, and EY Americas Hedge Fund Markets Co-leader. "With a future-forward focus, we are confident we can continue taking our clients' commercial success and business growth to the next level."
In addition to providing core audit and tax services, EY offers a wide range of specialty services that can help clients manage risk and improve their organizations' growth, operational efficiency and regulatory compliance. The EY Global Hedge Fund practice consists of dedicated professionals who serve the hedge fund industry across key financial centers in North America, South America, the Caribbean, Europe and Asia.
The full list of HFM US Hedge Fund Services Awards winners is accessible via the following link: http://bit.ly/2gSWpTI.
EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities.
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This news release has been issued by Ernst & Young LLP, a member of the global EY organization that provides services to clients in the US.
EY is a leader in serving the global financial services marketplace
Nearly 51,000 EY financial services professionals around the world provide integrated assurance, tax, transaction and advisory services to our asset management, banking, capital markets and insurance clients. In the Americas, EY is the only public accounting organization with a separate business unit dedicated to the financial services marketplace. Created in 2000, the Americas Financial Services Organization today includes more than 11,000 professionals at member firms in over 50 locations throughout the US, the Caribbean and Latin America.
EY professionals in our financial services practices worldwide align with key global industry groups, including EY's Global Wealth & Asset Management Center, Global Banking & Capital Markets Center, Global Insurance Center and Global Private Equity Center, which act as hubs for sharing industry-focused knowledge on current and emerging trends and regulations in order to help our clients address key issues. Our practitioners span many disciplines and provide a well-rounded understanding of business issues and challenges, as well as integrated services to our clients.
With a global presence and industry-focused advice, EY's financial services professionals provide high-quality assurance, tax, transaction and advisory services, including operations, process improvement, risk and technology, to financial services companies worldwide.