Harry Moseley recently said he dramatically expanded the IT capabilities at Blackstone–and that the technology has helped Blackstone grow.

“Suffice it to say that the investments in technology saw significant returns from the operations, risk mitigation, quality improvement and an efficiency perspective. Typically, those are huge productivity gains. However, in the alternative investment management business they are just massive,” Moseley said.

see full report on WSJ CIO Journal blog

Building on the long-standing licensing arrangement to use its HedgeSphere technology, Citco has formed a long-term alliance with Infonic AG of Switzerland to integrate HedgeSphere into its proprietary Æxeo platform and offer funds of funds and institutional clients access to a wide range of middle office and portfolio management tools. HedgeSphere has established itself as the scalable platform of choice for industry leaders and is backed by a dedicated professional team providing premier service and innovative front-to-back solutions that enables managers to track the liquidity profiles of their fund of fund portfolios, perform scenario analysis and monitor portfolio compliance on a pre and post-trade basis.  This facilitates the execution of trades via Citco Funds Net and the generation of portfolio valuations and net asset value calculations in a fully integrated environment.

William Keunen, Director of Citco Fund Services said “many of our institutional clients already use HedgeSphere. Our partnership with Infonic secures the long-term stability of a fully aligned service and technology offering that facilitates the needs of both the fund of fund manager and Citco in a seamless form.”

Tom Furrer, Founder of Infonic said “intensifying our cooperation helps Citco get even closer to their asset manager clients with their best-in-class service offering. Infonic continues to be at the forefront of the market with software product and business expertise for the world’s leading institutional investors in Hedge Funds.”

Click for the full press release announcement on hfmweek.com

ZURICH, NEW YORK, LONDON, GENEVA – July 18, 2011 – Infonic AG, the leading provider of front, middle and back office software solutions for fund of fund managers, administrators and institutional investors in the alternative investment sector, appointed Antony Towers to the position of Chief Executive Officer. As part of this planned transition, Nolan Phillips will step down to pursue new opportunities in other regions of the world.

Mr. Towers, who will be based in Zurich, brings over 20 years of experience in the finance and technology sectors. Prior to joining Infonic, he was CFO of Fidessa LatentZero (now Fidessa), a provider of software solutions to the global asset management industry, where he had full commercial, financial and administrative responsibility for the business across Europe, the Middle East, Africa, Asia and North America. Before that he held a variety of finance related roles with software providers including Geac Software Solutions Limited, Avant! Corporation, and Infinium Software.

Commenting on his appointment, Mr. Towers said, “During his tenure Nolan built a tremendous team of extremely talented individuals, and I am confident that together with the staff, senior executives and board members we will manage the strategic growth of Infonic over the next few years.”

Those sentiments were echoed by Ian Morley, Chairman of the board of Infonic and founding chairman of AIMA (The Alternative Investment Management Association). “While we are appreciative of Nolan’s efforts over the last two years and saddened by his departure, we are delighted that Antony has agreed to take the reins as CEO,” said Mr. Morley. “He has the full support of the board, management and staff of Infonic, and I personally look forward to working with Antony as he guides Infonic through the next generation of HedgeSphere and beyond.”

About Infonic AG
With offices in Zurich, New York, London and Geneva, Infonic AG is the leading provider of front, middle and back office software in the fund of funds space. Its HedgeSphere solution has been adopted by the largest and most innovative players in the industry. For more information about Infonic AG, visit www.infonic.net.

Contact
James Wells
+1 646.562.1791
jwells@infonic.net

ZURICH, NEW YORK, LONDON, GENEVA – May 20, 2011 – Infonic AG, the leading provider of front, middle and back office software solutions for fund of fund managers, administrators and institutional investors in the alternative investment space, hosted the first 2011 meeting of its HedgeSphere Users Group (HUG).

The two-day event began at Infonic’s offices in Zurich, Switzerland with an Open House focused on the Software Development Lifecycle. Clients and guests were also honored with a demonstration of AlternativeSoft’s portfolio modeling & optimization software for fund of funds, as well as and an informative presentation, entitled “Dealing with UCITS Fund of Funds,” delivered by Marc Henri Barrail, COO of Alternative Investments at Mirabaud & Cie.

Day two, held at the scenic Hotel Uto Kulm at the Top of Zurich, brought together senior alternative investment executives from across the globe to:

• Hear from Infonic’s Product, Service and Support teams
• Help drive HedgeSphere product innovation and prioritization
• Meet with Infonic executives and key staff
• See the latest advances in HedgeSphere

Nolan Philips, CEO of Infonic, said, “We want to be the solution innovators that rock investment management. We say ‘rock’ because HedgeSphere can provide a solid foundation or act as a stable cornerstone for a reliable technology platform. Seeing so many clients travelling from abroad validates our philosophy of user-centered design and enhances HedgeSphere in ways that would otherwise be unattainable.”

About Infonic AG
With offices in Zurich, New York, London and Geneva, Infonic AG is the leading provider of front, middle and back software in the fund of funds space. Its HedgeSphere solution and has been adopted by the largest and most innovative players in the industry. For more information about Infonic AG, visit www.infonic.net.

ZURICH, NEW YORK, LONDON, GENEVA – April 7, 2011 – Infonic AG, the leading provider of front, middle and back office software solutions for fund of fund managers, administrators and institutional investors in the alternative investment space, is pleased to announce that Ramius Alternative Solutions, LLC (an indirect wholly-owned subsidiary of Cowen Group, Inc.) selected the HedgeSphere software solution to fulfill its portfolio administration and planning needs and has completed implementation of the system.

“The Ramius Alternative Solutions business model is to provide customized solutions for clients across the alternative investment universe,” said Hubert Krassnitzer, Vice President, Ramius Alternative Solutions. “These solutions encompass a variety of investment structures and instruments which require effective and adaptable operational structures. We believe that HedgeSphere not only allows us to efficiently manage these operational processes with regards to fund accounting, but also supports us in effectively managing our overall trade cycle, automating investor reports and meeting increasing regulatory standards.”

Nolan Phillips, CEO of Infonic, commented, “We are especially delighted that Ramius chose HedgeSphere as the operational platform for its very forward-looking alternative investment solutions. Ramius’ use of innovative and complex fund structures will be well supported by our product, creating added value for the firm and its investors.”

About Infonic AG
With offices in Zurich, New York, London and Geneva, Infonic AG is the leading provider of front, middle and back software in the fund of funds space. Its HedgeSphere solution and has been adopted by the largest and most innovative players in the industry. For more information about Infonic AG, visit www.infonic.net.

About Ramius Alternative Solutions, LLC
Ramius Alternative Solutions, LLC is a registered investment advisor that manages assets in a variety of alternative investment strategies. Ramius Alternative Solutions, LLC is headquartered in New York with offices located in London, Tokyo and Munich.

ZURICH, NEW YORK, LONDON, GENEVA – January 28, 2011 – Infonic AG, the leading provider of front, middle and back office software solutions for fund of fund managers, administrators and institutional investors in the alternative investment space, today announced the release of HedgeSphere version 4.40.

In addition to an overall improvement in usability and performance, HedgeSphere version 4.40 introduces a number of new and/or enhanced features not found in 2009’s general availability release of HedgeSphere version 4.30. Highlights of the new version include:

• Support for Futures and Options instruments
• Accounting for dividends paid and received
• Smart wizards for booking corporate actions, Series Rollups and Side Pockets
• Support for fee accruals & allocations (including Loss-Carry Forwards)
• Full automation of New Issue Income allocation
• One-step investor money flow-through to core regardless of currency
• Price Variance Analysis
• Tracking and reporting of Outstanding Prices
• More customizable views in Trial Balance
• Investor start allocation override for non-unitized vehicles
• Dealing Terms that now permit more sophisticated/detailed terms, locks, calendars and workflow
• Enhanced Liquidity Projection reporting
• Extended Information allowing for 4-eyes sign-off, mandatory fields and better time-series support
• User definable time periods for breakdown-analysis
• Automated syncing of Dealing and Admin Layers
• Counterparty definition for portfolios and functional areas
• Audit log for master-data
• Web-enabled application client

Infonic CEO Nolan Phillips said, “Delivery of this functionally rich and robust release is a credit to the dedication of our staff and to the support and input of our clients, particularly the members of our HedgeSphere Users Group.”

About Infonic AG
With offices in Zurich, New York, London and Geneva, Infonic AG is the leading provider of front, middle and back software in the fund of funds space. Its HedgeSphere solution and has been adopted by the largest and most innovative players in the industry. For more information about Infonic AG, visit www.infonic.net.

ZURICH, NEW YORK, LONDON – November 19, 2010 – Infonic AG, the leading provider of front, middle and back office software solutions in the fund of hedge funds industry, hosted an Executive Breakfast & Panel Discussion at the Cornell Club in New York City.

Entitled “Inside the Minds of Institutional Investors: What They Want and Need,” the panel discussion focused on emerging trends in the institutional investor community, with the goal of shedding light on what type of information investors require in regard to operational risk management. Following opening remarks by Ian Morley (founder AIMA and founding partner Wentworth Hall Consultancy) and a keynote address from Cynthia Steer (Managing Director and Head of Beta Research at Rogerscasey), the cross-industry panel discussed how and who creates this information and how it might be best distributed/shared between investors, their providers and their investment managers. The panel, which featured prominent executives from Blackstone Alternative Asset Management, Cadogan Management, Citco Fund Services, Emory University, SEI Investments Company and Man Investments, also examined best practice approaches and pragmatic implementation strategies for addressing issues around operational risk, due diligence and communication processes.

The event was attended by nearly 100 executives and thought leaders from across the industry, including representatives from HSBC, Morgan Stanley, Credit Suisse, GM, Lyxor, Prudential, ING, BlackRock, DDJ, DuPont, Bloomberg, and The American Red Cross.

About Infonic AG
With offices in Zurich, New York, London and Geneva, Infonic AG is the leading provider of front, middle and back software in the fund of funds space. Its HedgeSphere solution and has been adopted by the largest and most innovative players in the industry. For more information about Infonic AG, visit www.infonic.net.

ZURICH, NEW YORK, LONDON – November 18, 2010 – Infonic AG, the leading provider of front, middle and back office software solutions in the fund of hedge funds industry, hosted the year-end meeting of its HedgeSphere Users Group (HUG) at the Cornell Club in New York City.
The all-day event brought together representatives from all of the firm’s current clients to:

• Hear from Infonic’s Product, Service and Support teams
• Help drive HedgeSphere product innovation and prioritization
• Meet with Infonic board members, executives and key staff
• See the latest advances in HedgeSphere
• Discuss important industry issues and assess potential impacts to HedgeSphere products

Nolan Philips, CEO of Infonic, said, “We are honored that so many of our clients sacrificed an entire day, or even more for those traveling in from the U.S., to be with us and with their peers to share ideas for the next generation of HedgeSphere. This level of partnership is the cornerstone of HedgeSphere’s success and, moreover, it is what our clients have come to expect from Infonic.”

About Infonic AG
With offices in Zurich, New York, London and Geneva, Infonic AG is the leading provider of front, middle and back software in the fund of funds space. Its HedgeSphere solution and has been adopted by the largest and most innovative players in the industry. For more information about Infonic AG, visit www.infonic.net.

Tom Furrer

As announced at the Infonic Client Conference in London on May 11, 2010, Infonic is making an important change to its organization as a logical consequence of the recent growth of the company and in recognition of the opportunities ahead. Nolan Phillips, who joined Infonic as Chief Operating Officer in July 2009, will assume the running of the company as its Chief Executive Officer while Tom Furrer, the founder and majority shareholder, will focus on board responsibilities and strategic company development.

Nolan Phillips

This change will enable the company to better leverage its strategic business expansion and value creation opportunities. It also puts the person responsible for leading the company through its next growth phase, and with the most experience, the best skills and a proven track record in doing so, in place.

Both clients and staff greatly welcome this transition as the logical next step in taking the company forward, not only from a strategic but also a tactical/operational perspective.

From the inspiring HedgeSphere product vision presentation and exciting technology previews, to the television-worthy debate spectacular between industry luminaries Ian Morley and Roger Nightingale, which was staged as a heavyweight title bout complete with the boxing gloves, robes, handlers, and bow-tied umpire, to the lively discussion of the HedgeSphere User Group – all participants gave the two-day event a thumbs-up.

Clients are invited to review the presentations and previews on the Infonic User Website, and reminded to attend the next HedgeSphere Users Group meeting in September, 2010.