Bailey Coates Selects Cogency Software; Leading US Financial Services Solutions Provider Expands into UK Marketplace.BURLINGAME, Calif. & LONDON -- Cogency co·gent adj. Appealing to the intellect or powers of reasoning; convincing: a cogent argument. See Synonyms at valid. [Latin c Software, Inc., the provider of Smart Enterprise Solutions(TM) for financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. , today announced that London-based Bailey Coates Asset Management has licensed Cogency Alternative Investment(TM) from Cogency's UK implementation partner YouDevise Ltd. Cogency Alternative Investment is the industry's first solution for the aggregation, management and analysis of essential enterprise-wide information of hedge funds hedge fund, in finance, a highly speculative, largely unregulated investment device. Originating in the 1950s, the funds "hedge" by offsetting "short" positions (borrowing a security and then selling it at a higher price before repaying the lender) against "long" , funds-of-funds and their service providers. Bailey Coates will use Cogency Alternative Investment to streamline and enhance front-office operations, providing unique tools for portfolio managers, traders and support staff. In addition, Cogency Alternative Investment will automate To turn a set of manual steps into an operation that goes by itself. See automation. many facets of the business operation from start-of-day to end-of-day processing. "As we continued to grow our assets under management Assets Under Management (AUM) is a term used by financial services companies in the mutual fund and money management or investment management business to gauge how much money they are managing. , we looked for a powerful solution that could automate our complex front-office processes, while retaining the flexibility we had achieved using spreadsheets The following is a list of spreadsheets. Freeware/open source software Online spreadsheets
"We are thrilled thrill v. thrilled, thrill·ing, thrills v.tr. 1. To cause to feel a sudden intense sensation; excite greatly. 2. To give great pleasure to; delight. See Synonyms at enrapture. to welcome Bailey Coates to our distinguished list of clients and are pleased that they will use such a broad range of the Cogency Alternative Investment functionality, especially that which is designed to serve the demands of the front-office," said Sameer Shalaby, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Cogency Software. "With YouDevise, we look forward to helping Bailey Coates continue their trend of leadership and innovation." Through Cogency Alternative Investment Bailey Coates can accelerate its performance and grow assets under management while ensuring that the firm's operations stay at top speed, accuracy and efficiency. Further, as Bailey Coates grows and diversifies its offering, Cogency will scale to ensure consistent and rapid access to limitless sources of data and alerts, facilitating optimal trading decisions. About Cogency Software Cogency accelerates business performance by providing Smart Enterprise Solutions(TM) to the financial services industry. Alternative investment firms, banks, asset managers, insurance companies and their service providers use Smart Enterprise Solutions to manage and scale their businesses. Our solutions enable clients to gain access to data from limitless sources around their businesses, transform that data into useful information and put it into immediately effective context -- enabling them to take action and seize seize v. To exhibit symptoms of seizure activity, usually with convulsions. important opportunities that drive revenue and client satisfaction. Cogency Software is headquartered in Burlingame, California Burlingame is a city in San Mateo County, California, which is the second wealthiest county in the state, as well as the fourteenth richest in the country. It is located on the San Francisco Peninsula and has a significant shoreline on San Francisco Bay. . For more information: www.cogencysoft.com or 650-685-2500. About YouDevise YouDevise enables European financial institutions to design and adapt their own solutions using advanced technologies. We provide technical, wholesale finance and management expertise to support a process of constant growth and change. YouDevise is headquartered in the City of London. For more information: www.youdevise.com or +44-(0)-20-7665-5466. |
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