News

November 13, 2009

Point Nine Shortlisted by Industry Experts for Two Prominent Awards

Point Nine, a leading provider of Middle and Back Office Services, today announces it has been shortlisted for two prestigious industry awards, recognising their Middle and Back Office Trade Processing, Operations and Reporting Outsourcing Services.

International Custody and Fund Administration (ICFA), an organisation dedicated to providing balanced global coverage of middle and back office issues, has nominated Point Nine for Most Innovative European Project of the Year based on their counterparty risk and associated collateral management service. This new real-time web enabled module enables clients to access all appropriate reports regarding their counterparty risk exposure across their entire derivative portfolio, as well as the up-to-date collateral requirements regarding all of these transactions.

Funds Europe, the business strategy source for Europe's asset management professionals, has nominated Point Nine for best European Middle Office Provider of the Year. Point Nine's middle office services includes the storing, monitoring, processing, valuing, and all operational and reporting requirements of a financial institution following the execution of a trade. This includes capturing and storing of trade, market and static data, reconciliation of transactions, settlements, corporate actions processing, collateral management and real-time in-depth reporting including valuation and risk measurement of transactions.

"We are very pleased that our offering has been recognised by the experts in our field and look forward to attending the award ceremonies. Our focus has always been to provide our clients with the best service possible. This is why we built our technology with an open and flexible architecture, so we could respond quickly to industry changes and respond to the ever changing needs of the client's business." said Yannis Matsis, CEO Point Nine.

The winners of the 2009 ICFA Awards will be announced on 25th November, 2009 at Grosvenor House, London. The winners of the 2009 Funds Europe Awards will be announced 3rd December, 2009 at The Tower of London.

In Summary

December 15, 2009: Point Nine Welcomes Jeff Kushner to its Board of Directors. ›››

December 8, 2009: Point Nine Highly Commended as European Middle Office Provider of the Year. ›››

December 3, 2009: Funds Europe Awards 2009. ›››

November 30, 2009: Point Nine Wins Award for Most Innovative European Project of the Year. ›››

November 13, 2009: Point Nine Shortlisted by Industry Experts for Two Prominent Awards. ›››

August 18, 2009: Point Nine Enhances Corporate Action Processing Services through Alliance with FactEntry. ›››

August 1, 2009: Hedge Magazine - Three's Company. ›››

June 17, 2009: HFM: Middle Office Focus. ›››

May 18, 2009: Point Nine Moves London Offices to the City. ›››