Press Releases - 2007
GlobeOp and local officials dedicate Hartford, CT, USA office
05 Nov 2007
HARTFORD, CT, USA – NOVEMBER 5, 2007 – GlobeOp Financial Services, a leading financial technology specialist headquartered in New York and London, today celebrated the dedication of its Hartford, Conn. office with Lt. Governor Michael Fedele, local officials and employees.
GlobeOp offers automated, integrated, technologically advanced middle- and back-office services and fund administration for hedge funds, fund managers, family wealth managers and institutional investors.
The dedication event included tours of the new office, an official proclamation from the State governor, and remarks from Connecticut Lt. Governor Michael Fedele and Vernon Barback, GlobeOp president and chief operating officer.
“GlobeOp’s clients will see a direct benefit from the addition of our Hartford office as we continue to enhance our North American service capabilities,” said Vernon Barback. “We have been impressed with the caliber of employees we have recruited thus far, and believe that by accessing a local workforce recognized for strong financial skills we are further reinforcing our robust, international client service network. We also want to express our appreciation for the support we have received. The State, the City of Hartford, the MetroHartford Alliance and our local building development partners have been instrumental in the investment in, construction of and recruitment for our Hartford office.”
“Connecticut is recognized as a center for financial institutions, and GlobeOp’s investment in the State and in the Hartford office signals the further expansion of the hedge fund industry in the region,“ said Lt. Governor Michael Fedele. "It is a pleasure to see the office already well established, staffed by highly skilled local employees and working closely with clients and GlobeOp's international network. On behalf of Governor Jodi Rell and the State, I thank them for their investment, congratulate them on this milestone and wish them much success as contributors to the future growth of the financial services industry in Connecticut.”
Fedele added, “The dedication of GlobeOp’s office in Hartford reflects successful collaboration between the company and several state and local organizations. We would like to recognize the support of Hartford Mayor Eddie Perez and his office; Susan Winkler, executive director of the insurance and financial services cluster; and Oz Griebel, president and chief executive officer of the MetroHartford Alliance, and his office.”
GlobeOp’s Hartford office strengthens a global service network that spans three continents and includes offices in New York, London, Mumbai and Cayman. The 20,000 square foot Hartford office is designed to accommodate future growth; it currently houses 40 employees, with a capacity of approximately 150.
About GlobeOp
GlobeOp Financial Services ®
(LSE:GO.) is a leading, independent financial
technology specialist providing automated, integrated middle- and
back-office, administration and risk reporting services to hedge
funds and asset management firms-including banks, insurance
companies, mutual & pension funds and proprietary traders.
Clients trading a wide range of asset classes and derivatives
outsource to GlobeOp to reduce technology investments and
operational risks, and to focus resources on asset generation and
portfolio management. Established in 2000, GlobeOp today serves
more than 150 clients worldwide, representing $85 billion in assets
under management (AuM). With headquarters in London and New York,
GlobeOp employs more than 1,600 people on three continents; offices
are also located in Dublin, Ireland; George Town, Cayman Islands;
Harrison, NY and Hartford, CT, U.S.A.; and Mumbai (Bombay), India.
Further information:
www.globeop.com.
For further information, please
contact:
Brunswick Group
New York – Melissa Daly, Mary Zimmerman Tel (212)
333-3810
GoTeam@brunswickgroup.com
Safe Harbor Statement Under the U.S. Private
Securities Litigation Reform Act of 1995
Statements made in connection with this news release that are not
historical fact, such as forward looking statements concerning
future performance and growth, involve risk and uncertainties and
are subject to various factors that could cause actual results to
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statements. Any forward-looking statements represent the best
judgment of GlobeOp Financial Services as of the date of this
release. GlobeOp Financial Services disclaims any intent or
obligation to update any forward-looking statements.
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