CoVision partners Summit for hedge fund trading
26 July 2002 | 867 views | 0
CoVision Capital Group has teamed up with STP solutions vendor Summit Systems to create an investment trading platform specifically geared to hedge funds.
The platform will enable hedge fund managers, via CoVision, to access real-time trading and risk analytics, previously only seen at premier financial institutions.
Complete analytics and processing for exchange-traded and OTC derivatives will expand hedge fund managers' list of investment and hedging alternatives, says the company.
Brian Zipp, CoVision founding partner, says: "The growing complexity and speed of markets as well as increased investor focus on risk make sustainable manager success more difficult to achieve. As a result, we believe that creating the operating infrastructure typical of major financial institutions is becoming increasingly important in building a successful hedge fund business."