Latentzero Commended In This Year’s Funds Europe Awards
London, 30th November 2006 - LatentZero was shortlisted as the European Front Office IT Company of the Year at this year's Funds Europe awards. The judges commended LatentZero's Capstone suite and felt that LatentZero is a company to watch, deserving a special mention in this year's awards. They said: "The company, which was founded by senior IT specialists in the asset management industry in 1999, has now built an international reputation for the quality of its buy-side front office technology, and it supports more than $8 trillion in assets under management.
The judges were impressed by the capabilities of LatentZero's Capstone front-office suite of solutions, and the testimonials provided by clients.
ITG Triton joined LatentZero on the shortlist. The award was eventually won by SunGard's Front Arena product.
LatentZero is a global technology firm that specializes in developing complete front-office solutions for the buy-side community. LatentZero's suite of products, known collectively as Capstone, is used by 8 of the world's top 10 asset management organizations. More than 3,500 portfolio managers, traders and compliance officers worldwide rely on Capstone to manage assets in excess of $8 trillion. In 2006, LatentZero completed 11 implementations of its software at large institutional clients in the US, and 13 in Europe and the UK.
For additional information, please visit www.latentzero.com.
The Americas - Cindy Arcari
UK and Europe - Melanie Smith
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