G2 Systems Announces Global ‘Smart-Sourcing’ of Geneva® Services with Leading IT Consulting Firm GFT
20 September 2010 - 10:00PM
Business Wire
G2 Systems, LLC, an innovative software and consulting firm
specializing in investment management, accounting and operations
systems for the alternative investment community, and GFT, a
leading global IT consulting firm specializing in the design and
build of middle and back-office solutions for the financial
services industry, announced today the launch of a new
comprehensive, cost-effective service for Geneva implementation and
support services.
“Our Clients are looking for a high-performance and lower cost
solution to address their technology and operational needs in
support of their Geneva portfolio management and fund accounting
system,” said George Michaels, founder and CEO of G2 Systems.
“Financial services firms don’t want to choose between quality of
service, rapid delivery, and price; they rightly want all
three.”
“By partnering with GFT, one of the leading IT consulting firms
with global delivery capabilities, and over 20 years of experience
in delivering finance IT solutions, we can provide an unmatched
comprehensive and innovative service,” added Michaels.
“We are excited about the partnership with G2 Systems and the
new joint offering providing our Clients with portfolio accounting,
operational expertise and deep knowledge of Geneva as part of our
smart-sourcing strategy,” said Joan Carles Fonoll, Managing
Director of GFT U.S. Operations.
“Current service providers lack the capabilities and expertise
to consistently engage in large-scale Geneva implementations,” said
Fonoll. “Through this new offering, we jointly combine expertise
on-site with scalability through our near-shore and off-shore
delivery centers in Brazil and Spain at a lower total cost to the
Client.”
Geneva is a registered trademark of Advent Software, Inc. For
more information on Geneva visit
https://secure.advent.com/info/pr_geneva.
About G2 Systems, LLC:
G2 Systems, LLC (www.g2systemsllc.com) is a boutique software
and consulting firm that serves the dynamic needs of hedge funds,
brokerage firms and fund administrators. G2 delivers solutions that
help Clients improve their business operations. Advent Software
welcomed G2 as one of the first ‘Premier Consulting Partners’ for
their Geneva portfolio management and fund accounting system in
November 2008. G2 has its own suite of software and does custom
software development. The technical systems development, fund
accounting and operations team at G2 provides consulting expertise
in investment management, accounting and operations systems. G2 is
comprised of a combination of Wall Street finance and IT veterans
and first‐rate graduates from the nation’s top engineering
schools.
About GFT:
The GFT Group (www.gft.com) is an international provider of
innovative IT solutions and services. Over 20 years of experience
makes the company a reliable and strategic IT partner, enabling its
clients to optimize their business processes through intelligent IT
systems and specialists and to thus sustainably improve their
competitive positions.
GFT is among the world's leading IT service providers in the
financial services sector. The company combines established
technology experience with a wide range of industry expertise, in
order to develop, implement and maintain customized IT solutions
(Services division).
GFT recruits and places IT freelancers across a range of
industries and locations. It also oversees the complete management
package for its clients. The basis for this is a worldwide reserve
of experts, consisting of over 180,000 freelance IT specialists
(Resourcing division).
Ulrich Dietz founded GFT in 1987 and is now CEO of the Group
which, in 2009, achieved revenues of around 217 million EUR. It has
more than 1,200 employees at locations in Germany, UK, US, Spain,
Brazil, Switzerland and France. GFT shares are listed on the
Frankfurt Stock Exchange (Prime Standard: WKN 580 060, GEX).
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