Wednesday, 17 September 2014
Last updated 9 hours ago
May 4 2009 | 9:23am ET
Hedge fund administrator Viteos Fund Services has released a suite of bundled investor services aimed at speeding up and streamlining investor reporting and client relationship management.
The new service, VEDA, enables integrated relationship management and manages the entire investor servicing process through investor reporting.
Taken from the Sanskrit for “knowledge and “seeing,” it is an acronym for The Viteos Economic Distribution Application. Viteos has selected this term because once VEDA is deployed, funds are able to allow their clients to "know" and "see" all investor services in one application.
“Fund managers are now under regulatory and investor scrutiny in a harder competitive environment,” says Chitra Baskar, COO of Viteos. “The ability to use technology for productivity gains and to respond to increased investor demand for both timeliness and transparency has become an enormous responsibility and challenge. We have designed VEDA to meet those needs and we believe it will address a big void in the marketplace in addressing economic allocation and share and partnership accounting needs.”
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.