Financial Tradeware Appoints Computer Intelligence Group as Business Partner for North America and Caribbean Regions.Growth in international 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" community drives market expansion LONDON & 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 -- Financial Tradeware, provider of Portfolio and Fund Management Straight Through Processing In financial technology, the ability to process a stock transaction by computer from beginning to end without manual intervention at any of the stages. (STP STP or standard temperature and pressure, standard conditions for measurement of the properties of matter. The standard temperature is the freezing point of pure water, 0°C; or 273.15°K;. ) solutions for investment managers, fund managers and hedge funds, today announced the appointment of New York-based Computer Intelligence Group Inc. (CIG CIG Ceiling (height above ground level to base of clouds) CIG Conference Intergouvernementale (French: Intergovermental Conference) CIG Conservation Innovation Grants (USDA NRCS) ) as a new business partner, to bring the full range of Financial Tradeware's solutions to the North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. and Caribbean regions. Under the terms of the agreement CIG, an IT consulting and services company, will market, install and support the full range of Financial Tradeware solutions that deliver STP, real-time trading, back office administration, accounting and compliance. These include Ultra.net[R], S-Messenger[R] and H-Fund[R], all built on Microsoft.NET technology, in addition to connectivity through accredited accredited recognition by an appropriate authority that the performance of a particular institution has satisfied a prestated set of criteria. accredited herds cattle herds which have achieved a low level of reactors to, e.g. Member Concentrator services, serving the MA-CUG needs of smaller companies and small- to medium-sized financial institutions. "The explosive growth in the hedge fund market, particularly in the USA, has led to a large number of smaller companies who need a cost effective solution to their global connectivity requirements. This is our core market where we have a strong base of knowledge," commented Graham Bright Sir Graham Frank James Bright (born 2 April, 1942) is a British Conservative Party (UK) politician. Sir Graham became an MP by gaining Luton East from Labour at the 1979 general election. , Managing Director of Financial Tradeware. "We wanted to work with a partner who understands the local markets and their accounting structures, such as Sarbanes-Oxley. Therefore our solutions can provide the necessary STP and automation with the full front to back office audit capabilities required to meet local legislation." CIG specializes in servicing businesses requiring an in-depth knowledge of securitization Securitization The process of creating a financial instrument by combining other financial assets and then marketing them to investors. Notes: Mortgage backed securities are a perfect example of securitization. May also be spelled as "securitisation. and risk management. The partnership with CIG will be backed up by comprehensive resources and expertise from Financial Tradeware. "CIG is experienced in providing customized and cost-efficient solutions covering all aspects of the trading environment. There was a close business and technical fit between CIG and the range of proven Financial Tradeware applications. We know that there is a clear need and demand for these solutions in the markets that we are operating in," said Joe Feldman, executive vice president of CIG. "We are continuing our strategy of working with established business partners in the world's major financial centers. Financial Tradeware was aware of CIG's knowledge and experience through our relationship with SWIFT and have been impressed with their established reputation for providing application support and implementation services to the finance community. We are looking forward to a mutually beneficial Adj. 1. mutually beneficial - mutually dependent interdependent, mutualist dependent - relying on or requiring a person or thing for support, supply, or what is needed; "dependent children"; "dependent on moisture" and prosperous long term relationship," concluded Bright. About Financial Tradeware Financial Tradeware provides integrated solutions for small- to medium-sized Investment Management firms, Fund Managers and Hedge Funds, covering the full trade lifecycle. It is part of the Dharma dharma (där`mə). In Hinduism, dharma is the doctrine of the religious and moral rights and duties of each individual; it generally refers to religious duty, but may also mean social order, right conduct, or simply virtue. Group of companies and benefits from the joint contributions and experiences within the group of leading market traders, business analysts, financial services professionals and skilled Microsoft Certified programmers. The company has developed a suite of applications that integrate and Straight Through Process (STP) real-time trading, back office administration, accounting and compliance, and provides SWIFT-accredited connectivity services through its MA-CUG and Member Concentrator services. For more information see: www.f-tradeware.com About CIG Computer Intelligence Group, Inc. (CIG) provides management and systems consulting services to the financial industry and in particular specializes in servicing businesses requiring an in depth knowledge of securities trading, processing and risk management. Through industry and technical knowledge, CIG provides practical, customized and cost effective solutions to meet specific client needs, encompassing solutions that cover all aspects of the trading environment from sales and trading through to clearance and settlement. For more information see: www.ciginc.com |
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