About : Prometa Fund Services Inc.

Company Overview

Prometa Fund Support Services Inc. is a Canadian owned back office service provider, administering over $8 billion in assets for 90 funds, including LSVCC, Hedge Funds, and Mortgage Investment Corporations (MICs). With significant industry experience, our staff is well positioned to provide your company with the quality, accuracy and commitment you demand. We are knowledgable about all aspects of the Investment Fund industry.

Prometa is a full service fund support provider and we are 100% Fundserv compliant. With our unique online sales reports, we provide tools for our clients that assist them in making their fund a success. Whether your fund is a start-up or is looking to switch providers, our flexibility allows us to administer back office services to funds of all sizes.

Our Mission

Our mission is to provide back office fund support at the highest level of efficiency and accuracy resulting in reduced costs for our clients. We consider ourselves to be the premier back office service provider in Canada. At Prometa, we work with our clients to provide top quality fund support at a much lower cost than our competitors.

Fund Start-ups

Our staff can easily guide you to having your fund available on the Fundserv network in as little as 3 weeks.

Existing Fund Conversions

If you are not happy with your current back office, make the switch to Prometa! We have successfully completed conversions from many of the larger fund administrators. Let us show you why Prometa is becoming well-known in the industry. Our excellent customer service is accentuated by our customizable software and knowledgeable staff.

If you are hesitant about converting out of your current back office provider due to anticipated high conversion costs, no need to worry. We can perform this conversion free of any charges. Additionally, we can assist in recouping some of your conversion-out costs as well.

Our Management Team

George Asprey President & CEO

George Asprey co-founded Prometa Fund Support Services in November, 2006, as President he is responsible for sales and strategic direction for the company.

George has 23 years experience in the field of Information Technology with eight years in a supervisory or management role. George started his I.T. career in the Airline industry and after several years moved to the Grain industry starting with logistics software development and ultimately futures and options trading and brokerage services. After a number of years in the Grain industry, George moved into managing Information Technology staff in the Mutual Fund industry and went on to also managing Shareholder Services staff.

Mike Kalic Vice-President & COO

Mike is a founding partner of Prometa Fund Support Services Inc. Mike holds the position of Vice-President & Chief Operating Officer. He is responsible for the day to day operations of the company, along with being the primary contact for Fundserv.

Mike has 16 years experience in the field of Information Technology. Prior to launching Prometa, Mike worked as a Software Developer within the Manitoba financial services industry from the period of 2000-2006. He also has prior experience in the grain industry, working for a prominent Winnipeg-based grain company as a Programmer from 1998-2000.

Mike holds a Computer Programmer/Analyst Diploma (Hons.) from Red River College, which he graduated from in 1998. He also possesses a Business Administration Diploma from Red River College.

What customers are saying

Invico Capital Corporation (“Invico”) has been working with Prometa Fund Services Inc. (“Prometa”) since 2008. At the time, we made the decision to work with Prometa as they are also a Western based, entrepreneurial company and we felt that they could help Invico meet the needs of servicing our investors. Invico has been extremely pleased with the quality of service that we have received from Prometa over the past seven years. Prometa is very responsive to our needs and is able to customize their services to ensure our needs are met in the most efficient and cost effective manner. I would not hesitate to recommend Prometa to other organizations that are looking for fund services.

Allison Taylor, CEO, Invico Capital Corporation
Prometa Fund Services has been instrumental in expanding our sales network. The staff is professional and knowledgeable about all aspects of FundSERV and the fund industry. Since launching Magenta III Mortgage Investment Corporation on the FundSERV network we’ve experienced substantial growth. Prometa has made our FundSERV initiative a tremendous success.

Gavin Marshall, CEO, Magenta Mortgage Corp.
We approached Prometa three years ago to explore the possibility of transacting our exempt market product through the FundSERV platform. Working with Prometa has allowed us to expand our distribution network, improve visibility into our capital pipeline and bring structure to the subscription timeline that has benefited both us and our dealer partners. Prometa has exceeded my expectations with their exceptional response times, professionalism and ability to successfully navigate the fast pace of change in the exempt market.

Jon Herman, Chief Financial and Operating Officer, KV Capital Inc.
Prometa Fund Services Inc. has played an important role in the continuing success of the SaskWorks Venture Fund Inc. Since we began working with Prometa in 2003, we have experienced a level of service that far exceeds our prior backoffice. The fact that this service is provided to us at a cost less than our previous provider allows us to not only provide great service to our shareholders but put more dollars back in their pockets through a lower MER.

Randy Beattie, President & CEO, SaskWorks Venture Fund Inc.