Tuesday, 5 May 2015
Last updated 10 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.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…