Wednesday, 30 July 2014
Last updated 39 min ago
Feb 29 2012 | 9:37am ET
Citco Fund Services will integrate HedgeSphere software from Switzerland’s Infonic into its proprietary Æxeo platform.
The deal builds in Citco’s long-standing licensing arrangement for the use of HedgeSphere, a front-to-back tool that enables managers to track the liquidity profiles of their fund of fund portfolios, perform scenario analysis and monitor portfolio compliance on a pre and post-trade basis. This facilitates the execution of trades via Citco Funds Net and the generation of portfolio valuations and net asset value calculations in a fully integrated environment.
Said Citco Director William Keunen in a statement: "Many of our institutional clients already use HedgeSphere. Our partnership with Infonic secures the long-term stability of a fully aligned service and technology offering that facilitates the needs of both the fund of fund manager and Citco in a seamless form.”
The Citco Group of Companies is a worldwide group of independent financial service providers offering hedge fund administration, brokerage and custody, financial products and corporate and trust planning solutions for over 70 years.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…