SunGard supports Gemini hedge business 19 February 2014 New York Reporter: Georgina Lavers
Image: Shutterstock
Gemini Hedge Fund Services has chosen SunGard’s Hedge360, a back- office hedge fund investment management application suite, as its platform of choice.
Hedge360 aims to enable Gemini Hedge to increase operational efficiency to better service its clients through automating processes, simplifying workflows and reducing the risks associated with manual entries.
“The ability to choose tailored components of the investment management suite to meet our specific automation requirements was a key element of our decision,” said David Young, president of Gemini Hedge.
“We conducted a detailed evaluation of available solutions. The superior capabilities of SunGard’s Hedge360, coupled with its strong reputation and unified team support, offered us the optimal solution to help our fast-growing client base.”
Rob MacKay, chief operating officer of Hedge360, said: “We are seeing institutional credibility as a matter of preeminent concern across the hedge funds industry. To achieve this means that firms are now heavily reliant on their technological infrastructure. Cost-effective and integrated portfolio management platforms like Hedge360 are, therefore, of vital importance in helping firms like Gemini Hedge achieve operational efficiency and, ultimately, institutional credibility.”
NO FEE, NO RISK 100% ON RETURNSIf you invest in only one asset servicing news source this
year, make sure it is your free subscription to Asset Servicing Times
Image: Shutterstock 