Apex Technologies Selects Eze Castle to Deliver Private Cloud Services
Financial firms simplify operations and reduce costs with Eze Private Cloud
BOSTON – November 5, 2013 – Eze Castle Integration, Inc., a leading provider of strategic IT solutions and private cloud services to hedge funds, today announced that Apex Technologies selected Eze Private Cloud to deliver cloud services to its hedge fund and alternative investment firm customers. The Apex Cloud, powered by the Eze Private Cloud, allows Apex Technologies to offer clients secure IT operation and hosting solutions that increase operational efficiency and simplify technology management.
Apex Technologies is a wholly owned subsidiary of Apex Holdings Ltd., one of the world’s largest independent fund administration companies. Apex Technologies services clients within the hedge fund, private equity, fund of funds, and investment management industry to deliver technology and operational services. Apex Cloud, powered by Eze Private Cloud, allows Apex to offer secure private cloud services including email services, private networking, packaged software application hosting, disaster recovery, data backup services and mobile device management.
Apex clients will benefit from Eze Castle’s experience within the financial services industry and proven process for managing the cloud and hosted applications.
“To attract institutional investors and satisfy increasingly stringent regulators, fund management companies need to be using proven technology and systems that ensure that operationally, they meet all risk criteria. Working with Eze Castle Integration, Apex Technologies can now provide its clients with these capabilities, enabling them to focus on generating investor returns," said, Paul Spendiff, managing director at Apex Technologies.
The award-winning Eze Private Cloud provides investment firms with a robust, secure infrastructure through which they can deliver a range of services, including managed IT solutions, infrastructure and data protection. The company’s solutions give hedge funds seamless access to technology and applications to ensure firms operate at the highest level of efficiency without the challenges of major capital expenditures or budgeting for hardware and software upgrade lifecycles.
“With more than 2,500 users across hedge funds and financial services firms on three continents, Eze Castle is the de facto standard for financial services firms seeking cloud or managed service solutions,” said Mark Coriaty, senior vice president at Eze Castle Integration. “The number of hedge funds turning to cloud and managed services continues to trend upward, and our partnership with Apex Technologies allows Eze Castle to further extend our cloud offering through various channels.”
About Eze Castle Integration
Eze Castle Integration is the leading provider of IT solutions and private cloud services to more than 650 alternative investment firms worldwide, including more than 100 firms with $1 billion or more in assets under management. The company’s products and services include Private Cloud Services, Technology Consulting, Outsourced IT Support, Project & Technology Management, Professional Services, Telecommunications, Business Continuity Planning and Disaster Recovery, Archiving, Storage, Colocation and Internet Service. Eze Castle Integration is headquartered in Boston and has offices in Chicago, Dallas, Hong Kong, London, Los Angeles, Minneapolis, New York, San Francisco, Singapore and Stamford.
About Apex Fund Services
Apex has more than $25 billion under administration, more than 400 clients and over 320 employees in 34 offices across 26 countries; Apex has more people doing real accounting work in more places than any other administrator; Apex's strategy of “global reach, local service” is underpinned by a sophisticated cloud-based technology platform, which means it can operate seamlessly across borders.
Having cloud hosting allows Apex to offer enhanced functionality to clients including Apex Funds 247, an online reporting tool that allows fund managers and investors to create customised reports quickly with verified portfolio data; As part of a wider initiative to increase transparency and access to investment portfolios, Apex is able to provide real-time risk and P&L to the iPhones and iPads of managers and investors; Apex is able to provide clients with a cloud-based Portfolio and Order management system; Apex is a total solution provider with a full suite of services to asset managers globally enabling Apex to deliver everything locally on a global scale.
Apex offers a number of platforms including, US, Bermuda, Cayman and Guernsey Emerging Manager (for small or start up funds), Luxembourg SIF, Ireland UCITS and QIF, Luxembourg UCITS, Bermuda Shariah and the Malta PIF. For more information, please visit www.apexfundservices.com.