Cogency Software Empowers York Capital with Enterprise Information Management and Alerting.Business Editors/High-Tech Writers SAN MATEO San Mateo (săn mətā`ō), city (1990 pop. 85,486), San Mateo co., W Calif., on San Francisco Bay; inc. 1894. It is a commercial and retail center with some high-technology manufacturing. San Mateo, Spanish for St. , Calif.--(BUSINESS WIRE)--Nov. 13, 2003 Cogency co·gent adj. Appealing to the intellect or powers of reasoning; convincing: a cogent argument. See Synonyms at valid. [Latin c Wisdom(TM) is tailor-made for alternative investment managers - brings immediate ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot). Cogency Software, Inc. the provider of enterprise risk reduction applications, today announced that it has licensed its Cogency Wisdom(TM) for 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" to York Capital, a $2 billion event-driven alternative investment firm based in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. . Cogency Wisdom for Hedge Funds is a powerful, enterprise-wide solution addressing business risks along the value chain for large or high-growth hedge funds. Designed specifically for hedge fund managers and executives, Cogency Wisdom for Hedge Funds is the first application of its kind for the enterprise-wide aggregation and monitoring of a broad array of critical and relevant business information. The Cogency Wisdom for Hedge Funds solution enables hedge fund managers and executives to aggregate, apply complex rules, analyze and present business data in a more powerful and real-time way through coordination and integration of both internal applications and external data feeds. "We anticipate that the Cogency team will be delivering real value to York by enabling us to aggregate information currently available in our portfolio and accounting systems, combine it with data from external sources if needed and present it to the firm's executives and portfolio managers in a format of their choosing. The benefits are enormous: the executives/portfolio managers get the information they need on a timely basis while relieving the back office staff of the time-consuming process of providing it," said Adam Semler, York's Chief Financial Officer. "Cogency Wisdom enhances our ability to manage a growing and complex business as well as provide investors with timely and accurate reporting regarding their investment at York," said Brooke Parish, Managing Director for York. "Increasingly, institutional investors are requiring more from their hedge fund managers and we expect Cogency to help us meet those expectations." "We are very excited with the opportunity to partner with a highly respected firm like York Capital," 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. "We are thrilled about the continued acceptance of Cogency Wisdom into the alternative investment management marketplace. Adding York's name to our existing customer list of market leaders, like Elliott Management and Ramius Capital Group, is clearly a testimony of the opportunity for Cogency Wisdom in this marketplace." About Cogency Software Cogency Software provides enterprise risk reduction applications 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. companies. Through the power of Cogency Wisdom(TM), we help companies manage and reduce overall risk by providing integrated, enterprise-wide, real-time analytical applications aggregating disparate risk information about investments, clients, institutions, and operations, delivered using Web browsers The following is a list of web browsers. Historical Historically important browsers In order of release:
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