Hedge Fund Reader : Software solution for hedge fund management by Cogency

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July 14, 2005

Software solution for hedge fund management by Cogency

Cogency Software, Inc. launched a software solution aimed at funds of hedge fund market. Called Cogency Insight Manager, the software solution is first of its kind in the industry. Avanish Sahai, CEO of Cogency Software mentioned that the fast growth of hedge funds is too rapid to ignore and thus a positive need to manage this growth and hence the integrated management solution. The software promises to provide fund managers will tools that would provide absolute visibility and controls that are required to run and grow the business. Sahai added that the software solution has been tested on US’s largest funds to prove its functionality and it perfectly suits the workflow requirements. The software works by enabling clients to gain access to data from limitless sources around their businesses, transform the obtained data into useful information. This information can then be put into effective context thereby enabling clients to take prompt action. The Cogency Insight Manager contains three tightly integrated products - FOHF Insight, FOHF Portfolio Insight and FOHF Investor Insight. Biz.yahoo.com reports:

“Cogency Software, Inc., the provider of integrated management solutions for the alternative investment space, today announced the launch of its newest solution, the Cogency Insight Manager for Funds of Hedge Funds, the industry's first software solution target specifically at the funds of hedge funds market.”

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July 14, 2005 in Emerging Markets | Permalink