09 December 2016
Visit aciworldwide.com

MIK Fund Solutions targets West Coast

13 February 2012  |  1946 views  |  0 Source: MIK Fund Solutions

MIK Fund Solutions, a leading provider of software solutions for hedge funds, today announced that it has experienced record growth over the last 12 months and has now also expanded to service the west coast.

The increase is a reflection of market confidence in MIK's unique set of products, domain experience and expertise as well as data deployment/use by and for global hedge funds.

MIK ties a fund's data to its investment thesis, thereby creating a powerful analytic tool for managers to monitor, measure, and evaluate performance in real time across a customized array of categories, defined and chosen by the fund.

In addition to the annual growth in 2011, MIK reported significant growth in the first quarter of 2012. MIK's client base continues to expand both in numbers and in geographic location. The addition of several new west coast clients has opened up a significant new market for MIK.

Marshall Saffer, COO of MIK said: "Among the key challenges faced by fund managers today - regardless of size - is to make both sense and use of their core data. This is becoming increasingly more important, as it directly affects fund performance and as regulatory scrutiny and demands are placed on managers. We are committed to providing funds, their managers, and operating groups with a coherent, customized, and comprehensive approach that moves beyond warehousing to architecting data and software applications to be a critical element in aiding fund performance and growth." 

Comments: (0)

Comment on this story (membership required)

Related blogs

Create a blog about this story (membership required)
Find out moreVisit aciworldwide.comVisit VocaLink.com

Top topics

Most viewed Most shared
China tops world fintech rankingsChina tops world fintech rankings
8364 views comments | 39 tweets | 31 linkedin
EBA bends under weight of PSD2 mandatesEBA bends under weight of PSD2 mandates
7949 views comments | 36 tweets | 47 linkedin
Guesswork alone can crack Visa card security - Newcastle UniversityGuesswork alone can crack Visa card securi...
7947 views 12 comments | 15 tweets | 27 linkedin
PSD2 will transform the payments landscapePSD2 will transform the payments landscape
6822 views comments | 23 tweets | 13 linkedin
Fed Governor sounds warning on alternative credit scoring dataFed Governor sounds warning on alternative...
6765 views comments | 20 tweets | 23 linkedin

Featured job

to Six-Figure Base, Commission, Benefits
London, UK

Find your next job