Global fund administrator HedgeServ, and Hazeltree, a provider of integrated buy-side treasury management solutions, have expanded their existing partnership.
Powered by Hazeltree’s platform, HedgeServ will deliver comprehensive treasury and portfolio finance technology and operational support, as part of its enhanced middle-office treasury services to alternative fund managers.
Building upon their existing successful partnership around wires and OTC collateral management, HedgeServ and Hazeltree are responding to client demands for comprehensive treasury and portfolio finance solutions.
As part of this expanded partnership, HedgeServ is hosting Hazeltree’s entire suite of products and complementing them with integrated middle office outsourcing and operational services.
“We want to expand our successful partnership with Hazeltree to support the increased demands from our clients for treasury and portfolio finance solutions,” says Justin Nadler, HedgeServ’s president. “As the industry matures and further adopts treasury management practices pioneered by a handful of industry leaders, we want to ensure that our clients have access to the best treasury technology available. The combined capabilities we are offering clients will significantly help clients improve operational efficiencies while reducing counterparty costs and exposure.”
“Fund managers have been looking for opportunities to outsource technology and middle office treasury operations to focus on generating alpha. Partnering with HedgeServ has been well-received by clients,” says Sameer Shalaby (pictured), president and chief executive officer of Hazeltree. “We are delighted to be working with HedgeServ and its client-focused team to deliver a comprehensive treasury and portfolio finance solution to save money and improve operational processes and controls.”
The expanded joint solution is fully integrated with HedgeServ’s technology platform.