News

December 8, 2009

Point Nine Highly Commended as European Middle Office Provider of the Year

Point Nine, a leading provider of Middle and Back Office Services, is pleased to announce they have been highly commended as European Middle Office Provider of Year at the 2009 Funds Europe Awards.

Point Nine's middle office outsourcing service received top marks from a panel of distinguished judges, who announced the results at the Funds Europe Awards on 3rd December, 2009 at the Tower of London. Point Nine was highly commended for its middle office outsourcing service, which includes trade storing, trade processing (operations) and reporting on trades and trade portfolios, as well as its overall ability to help their client's handle the ever changing business requirements from the financial sector.

Outsourcing the middle and back office, a fairly new but growing trend in the industry, presents many advantages to the buy-side which include reducing operational risk, increasing transparency and ultimately decreasing operational costs. Point Nine's solution has been acknowledged for its proprietary web-enabled technology, open and flexible architectural design and ability to integrate to key fund administrators, prime brokers, custodians, third party market and static data providers and third party applications.

"The ever changing rules and regulations of the financial sector have made it difficult for the buy-side to keep up with operational requirements. Our outsourced solution allows fund and asset managers of all sizes to focus on the importance of growing their business, leaving the operational middle and back office requirements to our highly skilled team," said Yannis Matsis, CEO Point Nine. "We are extremely pleased to have received such high praises from the analysts, consultants, editors and industry experts who judged this year's Funds Europe Awards."

In Summary

January 9, 2012: HFM: Focus On Cloud Computing ›››

January 5, 2012: Point Nine Puts Vertex Capital's Evolution UCITS Fund Into The Cloud With Circle.2 ›››

January 1, 2012: Outsourcing: Cost Comes To The Fore ›››

November 17, 2011: Point Nine Puts Live Hedge Fund Middle & Back Office Into The Cloud With Circle.2 ›››

November 10, 2011: HFM: Focus on Middle Office. ›››

October 1, 2011: HFM: Focus on Technology. ›››

April 1, 2011: HFM: How to Start a Hedge Fund in Europe Report. ›››

February 7, 2011: News Update: Moving Offices and Other Exciting Developments. ›››

October 7, 2010: Senior sales consultant joins Point Nine. ›››

July 29, 2010: Point Nine Summer Party 2010. ›››