(1888PressRelease)
May 12, 2007 - UFG Alteram has selected c*neo as the engine for its analytical processes. The software package will facilitate the integration and harmonisation of external data, the characterisation of funds, provide quantitative analysis and produce dynamic customised reports.
Cogendi’s c*neo software package is a unique information system designed for players in the fund of funds and fund management industry. The application software enables users to integrate, monitor and share information, build and manage portfolios (multi-frequency, multi-currency), and create dynamic reports. c*neo is not a standard or predefined product but rather an intuitive solution that can be adapted to the user’s business vision and organisation.
"We are extremely proud that UFG Alteram, a major player in European alternative multi-management has chosen our solution. c*neo corresponds perfectly to the requirements of sophistication and flexibility required by UFG Alteram and is ideally adapted to its specific approach to the business, both at the present time and as its requirements evolve ", indicates Guillaume Velut, CEO of Cogendi.
"Whereas traditional tools for Asset Management proved unsuitable, c*neo, which possesses the rare ability to filter funds dynamically on the basis of a multitude of quantitative and qualitative filters, provides a motor that enables investment universes to be formatted and categorised according to our specific prism. In addition, it enables us to generate all the statistics we need", declares Fabien Leduc, fund manager with UFG Alteram.
About UFG Alteram
An Asset manager specialised in funds of hedge funds, UFG Alteram has adopted a dual approach in response to the wide variety of hedge funds available: multi-strategy and mono-strategy products. Historically focused on institutional investors, UFG Alteram also targets financial advisers and third party platforms and offers a comprehensive range of French-based funds of hedge funds that respond to the needs of every type of portfolio. In 2006, UFG Alteram was awarded an Investment Process IP2 Rating by Fitch Ratings for the quality of its investment process. Managed by Gilles Rouchié, UFG Alteram is one of Groupe UFG’s core expertises. The company had assets under management of € 2.7 billion as of March 2007.
UFG Group possesses core skills in four areas: funds of hedge funds, private equity, thematic funds and real estate. UFG Group is therefore in a strong position to provide its target clients (institutional and private investors, professional financial advisors) with investment solutions, including traditional asset classes and “alternative” investments. UFG Group currently manages assets of more than 17 billion euros.
About Cogendi
Established in 2000, Cogendi is the developer and supplier of c*neo, an “all in one” solution targeted at portfolio managers, risk and quantitative analysts, marketing executives… and everyone else involved in the alternative and traditional multi-advisor investment business. An increasing number of leading global investment companies leverage their daily work with c*neo. Join them and gain a head start on the competition!
Please visit Cogendi’s web site www.cogendi.com
For further information please contact :
Cogendi
Sophie Peries
+33 1 41 91 75 75
UFG Alteram – Agence Shan
Stephane Petibon
+ 33 1 44 50 51 75
###
