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MIK expands into Asia

MIK Fund Solutions, a provider of decision support software solutions for alternative asset managers, has expanded its geographic footprint into Asia, basing its APAC headquarters in Shanghai, China. 

This is the latest in a series of strategic initiatives by MIK. The new office serves as a core piece of the foundation for the implementation of MIK’s 24 x7 global delivery model for software development and client support. MIK has resourced the expansion with a staff of 9.

Over 50 multi-billion dollar hedge funds, fund of funds, and private equity funds rely on MIK for sophisticated software solutions for real-time PNL, Data Warehousing, Performance/Attribution, Compliance, Treasury Management, Security Master/Price Management, and Broker Relationship Management. Clients are assured that these applications are fully integrated with an advanced approach to the warehousing of the underlying source data (be it internal or external). The resulting tailored reporting gives managers of any asset class and strategy the ability to assess risk accurately and make informed trading and portfolio decisions that directly impact performance and productivity.  As a result of this approach, the confidence that clients place daily in MIK has secured its place as the innovator and industry leader.

Fadi Kaddoura, CEO of MIK, says: “The confidence clients have placed in our experience and expertise enables us to expand into new geographic areas. We built our business by anticipating client needs and demands, and the expansion to China represents our latest strategic move to better serve our clients."

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