Company Overview
- A leading, independent financial technology specialist
- Provides automated, integrated middle- and back-office, services
- Established in 2000, headquartered in London and New York
- Clients include hedge funds and asset management firms
- Approximately 160 clients, representing 950 funds and $104 billion in assets under administration (AuA). December 2007 - $97 billion; June 2007 - $85 billion
- Employs approximately 1,800 people in nine offices on three continents
- Offices: Cayman Islands, Georgetown; India, Mumbai (3 offices); Ireland, Dublin; UK, London; USA, New York City, Harrison, NY and Hartford, CT.
Clients trading a wide range of asset classes and derivatives outsource to GlobeOp Financial Services® (LSE:GO.) for access to seamless, reliable Web-based accounting and valuation, processing and settlement services, investor relations, shareholder records and reporting.
GlobeOp's independence assures hedge funds and their investors of comprehensive services free from conflicts linked to proprietary trading or core business focus.
Partnering with GlobeOp reduces technology investments and operational risks, and focuses client resources on asset generation and portfolio management.
GlobeOp Strengths
- A global organization built on people, process and technology leadership
- Cost-effective access to high capacity, robust technology systems - including complex derivative and credit product processing that most hedge funds would not otherwise have access to internally
- Integrated services interact with prime brokers to facilitate seamless trade processing for clients
- Innovative services and flexible technology available either as a complete solution or tailored to specific customer requirements
- Risk reporting products and transaction-based solutions (GoOTC, GoMarkets, Wall Street Office) are available on a packaged or stand-alone basis
- Extensive India operations support scalable, high quality, reliable, cost-effective services; enable P&L and net asset value (NAV) reporting prior to the opening of the next business day
- A strong management team with deep hedge fund industry knowledge and a clear long-term strategy