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Alternative Market Briefing

Eze Castle enjoys busy year in and out of the hedge fund cloud

Wednesday, November 30, 2011

By Beverly Chandler, Opalesque London:

From the perspective of Eze Castle Integration, new start-ups in the hedge fund arena are on the increase. Vinod Paul, managing director of Eze Castle Integration, reports that this has been one of their busiest years with their in-house 'hedge fund hotel’ for potential hedge fund start-ups enjoying 100% occupancy, while out of the 124 new clients they have taken on this year, some 44 have been new start-ups.

Founded in 1995, Eze Castle has become the largest IT technology integrator in the alternative space. Over 90% of its clients are hedge funds, representing over 600 hedge funds, and close to 100 of those manage over $1 bn in assets. Other clients come from the fund of funds, private equity, VC, broker dealer and private bank sectors.

The company has eight offices in the US alone. Its largest office is in New York but it is headquartered in Boston. Globally, there are offices in London, Geneva and Singapore and a new office opening in Hong Kong shortly.

Paul explains: "We offer a full 360 degree service in the technology space" with80% of their client base representing organisations of between 10 – 50 staff which do not have technologists in-house. "We look after all their technology needs if they have no one in-house" Paul says. "We have a very diverse background with skilled engineers who understand various applications so outsourcing is a better fit for all these funds." Larger funds might also use Eze Castle fo......................

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