29.02.2012 Citco and Infonic announce strategic partnership
Opalesque Industry Update: Citco Fund Services, the global leader in provision of administration services to the alternatives sector, has announced a strategic partnership with Infonic AG of Switzerland.

Building on the long-standing licensing arrangement to use its HedgeSphere technology, Citco has formed a long-term alliance with Infonic AG of Switzerland to integrate HedgeSphere into its proprietary Æxeo platform and offer funds of funds and institutional clients access to a wide range of middle office and portfolio management tools. HedgeSphere is the industry leading front-to-back tool that 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 a fully integrated environment.

William Keunen, Director of Citco Fund Services said "many of our institutional clients already use HedgeSphere. 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 said "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."

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