Eze Castle Integration, a provider of strategic IT solutions and private cloud services to hedge funds, today announced it has expanded its Eze Private Cloud services to Hong Kong and Singapore.
With this expansion, the hedge fund industry's preferred private cloud now spans three continents and provides firms seamless access to the technology and key applications required to operate effectively and efficiently.
The Eze Private Cloud is used by more than 2,000 hedge fund professionals worldwide to simplify operations, minimize upfront capital costs and gain a highly resilient, enterprise-grade IT infrastructure on par with billion-dollar funds. Hedge funds based in Hong Kong and Singapore now have access to a range of offerings from the Eze Private Cloud, including the Eze Managed Suite and application hosting. The Eze Managed Suite is a hosted IT solution providing firms with a fully managed infrastructure and key business applications. The Eze Managed Suite gives users file services, email, software applications, mobile services, email security, disaster recovery and 24x7x365 support.
"Eze Castle Integration sees tremendous opportunity for private cloud services in the Asia Pacific region as hedge funds around the world embrace the cloud to streamline and enhance their operations," said Serge Bukhar, executive director of international operations, Eze Castle Integration. "This latest expansion of the Eze Private Cloud reinforces our commitment to being the global technology partner to the hedge fund industry and fills a market need for fully managed cloud services that combine premier technology with exceptional client support."
On July 3, 2013, the courts pronounced caveat emptor with respect to execution performance in the FX market. U.S. District Judge Denise Cote threw out a lawsuit, which accused JPMorgan Chase & Co. of breaching a fiduciary duty to custodial clients by charging “hidden and excessive mark-ups” on currency trades. Judge Lewis Kaplan dismissed a lawsuit directed at officials of Bank of New York Mellon, for ignoring “red flags” or knowing that trades were being processed at the worst or near-worst prices of the day.
To read it full, visit the smartTrade page for download here