June 6 2007 — Point Nine Financial Technologies is pleased to announce the appointment of Steve Husk as its Chairman
Steve has a solid track record of growing companies from an early stage in the financial services sector. He has held a number of senior management positions in the financial services sector and was President of SunGard Trading and Risk for five years, where he led a team of more than 500 specialists responsible for marketing, developing and installing solutions for global capital market institutions. Read more.
March 22 2007 — Point Nine Financial Technologies signs up Gottex Fund Management for asset based fund management
Point Nine Financial Technologies announced today that Gottex Fund Management Sarl, the USD8bn fund of funds manager has signed up for its flagship system, FinanceBelt. It will be used by its specialist asset based strategies team for managing complex and highly bespoke portfolios of privately originated investments in cash flow producing assets and pools of assets. Read more.
London - March 8 2007 — Point Nine Financial Technologies goes live with FinanceBelt for Middle Office Outsourcing
Point Nine has begun delivering outsourced middle office services to its clients. The client keys the trade into FinanceBelt and sends a Bloomberg recap to Point Nine. Point Nine then reconciles with the appropriate parties both the economic and legal data. A confirmation report is then sent to the prime broker. The prime broker and Point Nine send the trade to the DTCC where it is first affirmed and subsequently confirmed. Finally, a trade report is sent to the fund administrator. In addition, all the cash movements, including fee payments, dividends, coupons are reconciled before payment date and tracked until they are exchanged at which point receipt or payment is confirmed. Read more.
London - June 30 2006 — Point Nine Financial Technologies announces complete risk management of loan CDS
Point Nine Financial Technologies announced today that it has incorporated full processing for Loan CDS into its flagship system, FinanceBelt. Read more.
London - May 31 2006 — Point Nine announces enhanced legal risk module supporting multiple customised ISDA agreements across all credit instruments
Point Nine Financial Technologies announced today that it's flagship system, FinanceBelt now supports clients transactions traded under standard as well as customized master legal agreements within the ISDA framework. All credit instruments are supported including CDS, bespoke CDO's, Nth to default, Index Swaps and index tranches. Read more.
London and New York - January 25, 2006 — Point Nine provides local currency emerging market interest rate derivative risk managment to Hydra Capital Management
Point Nine Financial Technologies announced today that it has incorporated full processing for Mexican Tiie Swaps into its flagship risk management system, FinanceBelt, in response to a request from London based client and Emerging Market Fixed Income specialist, Hydra Capital Management. Read more.
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