Citco Fund Services has formed a partnership with Infonic AG of Switzerland to integrate the latters HedgeSphere solution into the administrators proprietary administration platform, Aexeo. The firms say the alliance will offer funds of funds and institutional clients a wider variety of middle-office and portfolio management tools.
HedgeSphere 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 an integrated environment.
“Many of our institutional clients already use HedgeSphere, says William Keunen, director of Citco Fund Services. 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.
Tom Furrer, founder of Infonic, adds: “Intensifying our cooperation helps Citco get even closer to their asset manager clients with their best-in-class service offering. Infonic continues to be at the forefront of the market with software product and business expertise for the world’s leading institutional investors in hedge funds.”
(CG)