OceanWood Capital goes live on Capstone to boost front office
First Published Thursday, 23rd October 2008 from Automated Trader : EMS News
Fidessa LatentZero extends its hedge fund client base
Richard Jones, CEO, Fidessa LatentZero: "We are continuing to consolidate our position within the hedge fund space, and are delighted that Oceanwood Capital is using our Capstone solution for the front office."
Oceanwood Capital has gone live on Capstone from Fidessa LatentZero. The implementation saw Fidessa LatentZero successfully partner with Oceanwood, and the administrators to their funds, Citco Fund Services.
William Nicholas, Chief Operating Officer at Oceanwood Capital said: "Having looked at other vendors and assessed the products available, we chose Fidessa LatentZero's Capstone for a number of reasons. We were impressed with the system's true multi-asset class capabilities and full FIX connectivity, and also liked the look and feel of the GUI. Fidessa LatentZero has demonstrated considerable commitment to the hedge fund space, and has been responsive in configuring its solution to meet our needs, and that too was a significant factor in our choice."
Richard Jones, CEO of Fidessa LatentZero said, "We are continuing to consolidate our position within the hedge fund space, and are delighted that Oceanwood Capital is using our Capstone solution for the front office. We are seeing an increasing demand being placed on hedge funds to demonstrate operational control and effective compliance management fully integrated with their front office processes. In such a competitive market, it is increasingly important that hedge funds utilise appropriate high-end front office technology that can be deployed quickly and efficiently."