IT Firm Unveils Product Aimed At Hedge Fund Managers

Mar 26 2009 | 1:46am ET

EXENET, a provider of IT consulting, integration and outsourcing services for alternative investment and wealth management firms, has launched a new product aimed at hedge fund managers.

The new suite of services, ProServo Managed Support for Alternative Assets, is designed to help small to medium-sized asset management firms efficiently and cost-effectively manage their IT.

“Small and mid-sized hedge funds have limited IT support capabilities, and can only identify serious IT issues after things are broken, which can often lead to devastating business interruption and unpredictable remediation costs,” says Arup Das, chief technology and strategy officer at EXENET. “The offering is unique to EXENET as it combines processes and tools designed for enterprise clients with best of class services and technologies for hedge funds”

ProServo includes managed services, help desk, and on-site support, as well as system benchmarking and predictive analysis to identify IT issues proactively, optimize operations, and ensure maximum system reliability.

“By offering ProServo for a fixed monthly fee, we are able to bring in the much needed predictability to IT operating expenses,” said Umit Cinali, CEO of EXENET.

The suite of hedge fund services includes remote infrastructure monitoring from the firm’s network operations center, a 24/7 help desk, and on-site support.

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