In an international context, fund operations require very specialized skills and facilities. For instance:

• differences in timing and mode of delivery and custody of securities in different jurisdictions and on various exchanges can be extremely complex
• communications and transactions must be completed in utmost confidentiality, from anywhere, at any time, in several languages and involving many currencies
• timely transmittals of orders, confirmations, net asset valuations and price quotes, and various other operational communications, are crucial to the orderly process of an offshore fund and equally crucial to maintaining the shareholders' sense of security