Centaura Solutions today announced that Dow Jones Indexes, a leading global index provider, will utilize the Centaura Solutions Asset Management System (AMS) to provide data capture services in connection with the Dow Jones Credit Suisse Hedge Fund Indexes.
Centaura's AMS is designed with a robust set of streamlined performance data capture capabilities which will be used for the Dow Jones Credit Suisse Hedge Fund Indexes. The system is capable of integrating with a number of market data or hedge fund data providers to efficiently price hedge funds in multi-currencies. Additionally, the application has extensive reporting capabilities to ensure information is processed and reported accurately.
"Today, a limited number of institutions are using systematized risk management solutions. Most existing processes have largely been manual via spreadsheets, increasing operational risk and the likelihood of errors," said Bill Elbery Head of Sales and Business Development, Centaura Solutions. "With access to a flexible, out-of-the-box solution such as Centaura AMS, Dow Jones Indexes will be able to provide the Dow Jones Credit Suisse Hedge Fund Index data with the highest degree of accuracy and efficiency."