ConvergEx Launches Eze Hosting

New Program Provides Clients with Additional Options for Application Management and Delivery

Jun 22, 2010, 12:18 ET from ConvergEx Group

NEW YORK, June 22 /PRNewswire/ -- ConvergEx Group, a leading technology company, today announced the launch of a new program that gives clients of its award-winning order management system, the Eze OMS™, additional options for the management and delivery of the Eze OMS.  Through formalized agreements with select partners, Eze Hosting gives clients preferred access to some of the industry's leading infrastructure providers and offers clients an ASP solution to allow the Eze OMS to be implemented and hosted off-site.

The program currently includes Eze Castle Integration, Fusion Business Group, InfoHedge Technologies, Options IT and Richard Fleischman & Associates. These providers understand the needs of the client base and offer world class expertise in hosting infrastructure. Going forward, ConvergEx plans to expand the program and will continue to add new partners.

"We have seen a great deal of interest for a hosted solution from all different segments of our client base, including traditional asset managers and small and large hedge funds.  Our clients want the flexibility to work with best-of-breed hosting service providers while knowing that Eze has certified those firms to provide premium level support.  The certified partners in this program will be able to customize their offerings to meet the different needs of our clients," said Michael Maguire, head of global consulting at ConvergEx's Eze Castle Software. "This new program nicely complements the high-touch service model and flexible partnership models that we are known for in the industry."  

Highlights of the program include:

  • Fully outsourced IT management of the Eze OMS environment, allowing clients to focus their full attention on their business objectives, rather than IT concerns
  • Leading hosting technology, infrastructure and consultation on best practices
  • Access to robust business continuity options, including high availability and disaster recovery
  • The same level of flexibility with market data and FIX network providers available today

The award-winning Eze OMS leverages a real-time open architecture to streamline the investment cycle for all asset classes – from idea generation through settlement. The Eze OMS provides functionality to support portfolio management, compliance, trading and operations in a single platform.

ConvergEx Group is a leading technology company providing products and services to asset managers and financial intermediaries globally.  Its products and services span the investment life cycle and center on the development, marketing and servicing of technology-based solutions that enable clients to achieve improved investment results through operational and workflow efficiencies, execution and analytical tools and highly personalized service. The firm serves more than 6,000 institutional clients in over 100 global markets.  Formed in 2006, the firm has over 1,000 employees in 22 locations throughout the U.S., Europe, Asia, Australia and Africa. Additional information is available at www.convergex.com.

Eze Castle Integration is the market leader in providing IT services, technology and consulting to hedge funds and investment management firms.  The company supports over 550 alternative investment firms worldwide and offers the industry's broadest portfolio of hedge fund-specific solutions and services including: Outsourced IT, Professional Services, Technology Hosting, Managed Services, Telecommunications, Business Continuity Planning and Disaster Recovery, Archiving, Storage, Colocation and Internet Service.  The Eze Castle Integration Hosted Infrastructure provides a high performance and highly resilient platform that is cost-effective and professionally managed to minimize risk and improve operational efficiency.  Eze Castle Integration is headquartered in Boston and has offices in Chicago, London, Los Angeles, Minneapolis, New York, San Francisco and Stamford. Additional information is available at www.eci.com.

Fusion Business Group was formed to provide premium consulting services to companies seeking to gain an edge in today's challenging economic environment. Our carefully chosen team includes individuals with significant experience in the financial services industry and encompasses all critical areas in Information Technology. Our business model is designed around economies of scale to reduce overhead, which we pass on to clients through our competitive rate structure. We believe in building strong long-term relationships with our clients through our simple philosophy of trust, dependability, and high-quality service. We focus on technology so that our clients can focus on their core business. Additional information is available at www.fbgit.com.

InfoHedge Technologies, LLC, is a leading provider of IT services and solutions to the alternative investment industry. InfoHedge is focused on delivering InfoHedge Hosted Platform(TM) as a cost-effective, enterprise grade alternative to traditional IT infrastructure. The product enables alternative investment firms to access a robust platform with embedded compliance, disaster recovery, market data connectivity, and third party application hosting on subscription basis. InfoHedge also offers a variety of professional services geared towards implementing products in the portfolio accounting, reference data, risk management, and trade execution areas. InfoHedge serves a diverse client base of hedge funds, fund administrators, registered broker dealers funds of funds, exchanges, investment advisors, and private equity firms with a combined AUM of over $275BB. Additional information is available at www.infohedge.net.

Options IT is a global provider of high-performance technology Infrastructure-as-a-Service, managed hosting, ultra-low latency market data and connectivity for hedge funds, proprietary trading shops, investment banks and brokerages. Combining innovative, centralized technology solutions with highly experienced technology management and support staff, the Options PIPE® platform, provides clients with a complete financial technology infrastructure solution that is cost efficient, quick to market, and provides full flexibility and scalability in a pay-as-you-go model. The Options PIPE platform, delivers the efficiencies of a hosted technology service with the scalability, strength and security of an enterprise solution. With offices across North America, Europe and Asia, Options IT provides solutions to more than 120 clients globally. Additional information is available at www.options-it.com.

Richard Fleischman & Associates is the Trusted Technology Advisor to over 400+ alternative asset firms. RFA offers Turnkey IT solutions featuring strategies from fully hosted, hybrid, to fully onsite. Offering Expert Voice and Data Teams, we design, implement and support your technology assets and protect your business. A full-service technology-outsourcing provider, staffed 24/7/365, RFA delivers superior service by its team of more than 150 expert IT Professionals. Serving clients globally, RFA's head quarters are based in the center of NYC at 42nd and Madison, Boston Mass. and also maintain a World-Class Data Center in Purchase NY, providing fully equipped Office and "backup" Trading Desk Space with fully managed Disaster Recovery and Business Continuity Planning services.

Additional information is available at www.rfa.com.

BNY ConvergEx Group, LLC is comprised of the following businesses: BNY ConvergEx Execution Solutions LLC (member NYSE/FINRA/SIPC), LiquidPoint, LLC (member CBOE/SIPC); Eze Castle Transaction Services LLC (member FINRA/SIPC); Westminster Research Associates LLC (member FINRA/SIPC); G-Trade Services LLC (member FINRA/SIPC); NorthPoint Trading Partners, LLC (member FINRA/SIPC); Eze Castle Software LLC, and ConvergEx Research Solutions LLC, of which Jaywalk and Cogent Consulting are divisions.  

Contact:

Elizabeth Anderson


EAnderson@convergex.com


212.468.7713  



SOURCE ConvergEx Group



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