Cogency Software Opens New York City Office and Expands Sales Force; Continued Expansion in the Alternative Investment Ecosystem Space Spurs Company Growth.BURLINGAME, Calif. -- Cogency Software, Inc., the provider of integrated management solutions for the alternative investment space, today announced the opening of its new sales and marketing center 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. and the expansion of its sales force to address the increase in demand for its products. Located in Midtown mid·town n. A central portion of a city, between uptown and downtown. midtown Noun US & Canad the centre of a town Manhattan, Cogency Software's new office is well situated to service the New York City and Connecticut hedge fund 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" communities. The newly appointed sales executives are based in the new facility, along with delivery teams working on local projects. "We've been thrilled to see the demand that was generated by the recent launch of Cogency Insight Manager for Funds of Hedge Funds(TM) in addition to our hedge fund products, and the resulting need to open a complete sales and marketing center in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of ," said Avanish Sahai, 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. "In addition, this office will allow us to better serve our tri-state clients, now numbering more than 20 and including some of the country's largest hedge funds." Cogency recently announced the release of Cogency Insight Manager for Funds of Hedge Funds, the industry's first suite of products for the fund-of-hedge-fund space. The suite of products includes portfolio management, transparency and position-level monitoring, and complete investor relations Investor relations The process by which the corporation communicates with its investors. management. About Cogency Software Cogency accelerates business performance by providing integrated management solutions to the alternative investment industry. Hedge funds, funds of hedge funds, prime brokers and fund administrators use Cogency's 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 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. |
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