19 August 2017
visit www.avoka.com

Bita Plus Consultants enters Nordic distribution deal with Proventek

02 July 2002  |  1427 views  |  0 Bita Plus Consultants enters Nordic distribution deal with Proventek

Bita Plus Consultants (BPC) has signed an agreement with Swedish consultancy and services group Proventek for the distribution of BPC's risk management products in the Nordic region.

Under the agreement, Proventek will assume responsibility for sales and marketing for the full range of BPC products and provide implementation, training and local support.

BPC believes the Nordic region is a growth market for its risk management software. A February survey by global actuaries Watson Wyatt identified Sweden as one of the countries fuelling growth in hedge funds in 2002. In June, the Seventh Swedish National Pension Fund became the first public fund in Sweden to allocate money to hedge funds - to the tune of EUR109 million.

With the UK and the Netherlands, Sweden is one of only three countries to oppose EU proposals to limit pension fund investment in complex instruments.

Simon Tizard, managing director of Bita Plus Consultants, says: "With the explosion in the alternative investment market, BPC will be well placed with support from Proventek to make a major impact in the Nordic region."

Bengt Bergstrom, CEO of Proventek, adds: "BPC is entering the market with the right tools at the right time and with Proventek's local expertise and resources in consultancy and support we are confident that we can provide an excellent service to financial institutions in the region."
KeywordsBUY SIDE

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

COR Financial acquires Bita Plus Consultants

COR Financial acquires Bita Plus Consultants

17 June 2002  |  3573 views  |  0 comments

Related blogs

Create a blog about this story (membership required)
download the paper nowvisit www.niceactimize.comvisit www.worldpaymentsreport.com

Top topics

Most viewed Most shared
Mobile contactless spending accelerating in UKMobile contactless spending accelerating i...
8519 views comments | 23 tweets | 23 linkedin
Norwegian banks and startups form fintech clusterNorwegian banks and startups form fintech...
7612 views comments | 19 tweets | 23 linkedin
RBS to bring Silicon Valley to EdinburghRBS to bring Silicon Valley to Edinburgh
6769 views comments | 10 tweets | 7 linkedin
hands typing furiouslyWhy Blockchain Might Not Be The Future For...
6296 views 1 | 5 tweets | 3 linkedin
Apple sidelined as Beijing transit system launches payments appApple sidelined as Beijing transit system...
6133 views comments | 11 tweets | 9 linkedin

Featured job

New York, NY - USA (some flexibility on location)

Find your next job