Gottex fund Management Licenses Point Nine’s FinanceBelt
March 23 2007. London and New York – Point Nine Financial Technologies announced today that Gottex Fund Management Sarl, the USD8bn fund of funds manager has signed up for its flagship system, FinanceBelt. It will be used by its specialist asset based strategies team for managing complex and highly bespoke portfolios of privately originated investments in cash flow producing assets and pools of assets.
FinanceBelt captures everything from vanilla instruments through to the most structured asset based and asset backed positions. Once entered, all positions are broken down to their components and stored as cash flows. The most esoteric transactions are initially entered as cash flows. From this atomic level, all analytics can be performed across any subset of data required to show exposure, risk, P/L, etc. “We are very excited to welcome Gottex as our latest client. The requirements of their asset based funds team for extreme flexibility is the perfect match for FinanceBelt’s architecture.” Comments Len Fricker.
About Gottex Fund Management Sarl.
Founded in 1992, Gottex Fund Management is a global investment management group specializing in absolute return strategies. With funds under management of over USD 8 billion, Gottex offers seven commingled fund of hedge funds products and a variety of managed account solutions. Headquartered in Lausanne, Switzerland, Gottex has offices in London, New York, Boston and Hong Kong, and affiliate offices in Sydney and Montevideo.
About Point Nine
Point Nine is a software vendor specializing in ASP delivered trading and risk management solutions for complex derivatives, fixed income and asset based investment activities . Solutions specifically target the most complex, bespoke structured credit products which conventional systems are unable to handle. Customers include hedge funds, banks and asset managers. With Point Nine, cost of ownership is minimized as customers are able to go live within days or weeks rather than months, the system requires minimal support and there are no hardware costs.
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- Contact Information
- Len Fricker
- Business Development Director
- Point Nine Financial Technologies
- Contact via E-mail
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