Saturday, 10 October 2015
Last updated 4 hours ago
Jun 15 2007 | 10:42am ET
Credit Suisse has taken an equity position in Viteos Fund Services to offer its clients fund administration and middle office services while simultaneously reducing its operating costs. Terms were not disclosed.
“Our ability to deliver both expertise and advanced technology while simultaneously reducing costs enables our clients to increase alpha,” said Shankar Iyer, Viteos CEO.
Viteos is already working with CS to develop two programs, which will be deployed simultaneously and CS, for the first time, will outsource certain internal prime brokerage operations to Viteos. Both firms will co-brand and co-market an outsourced product for hedge fund middle-office operations.
Oct 7 2015 | 4:57am ET
Charity A Leg To Stand On (ALTSO) will hold its 12th Annual Hedge Fund Rocktoberfest – NYC on October 15 and its 4th Annual Rocktoberfest - Chicago on October 22. Read more…