(PRWEB) January 26, 2006
FinLab SA provides advanced software products and services to investment professionals making asset allocation decisions on Hedge Funds, Fund of Hedge Funds and Traditional Funds.
Mr. Denis de Pentheny O’Kelly CEO of Finlab SA said “given that nearly 50% of the $1.1 trillion hedge fund market and a major portion of the traditional fund market are based in the US, this makes it a key strategic initiative to develop our presence within the US. The acceptance of our product Packhedge™ by investment professionals globally and more especially in the US, meant that we needed to deploy locally based resources to exploit the potential that such a large market affords. Finlab SA already has built a substantial base of US clients which provides an ideal platform upon which to launch new products and services to current and prospective clients. We intend over the coming year to build a best in class organization in North America that will sell, market and support our products in what is the most mature and largest of markets in the world for hedge funds and traditional funds.”
We knew that we would only be able to realize this strategic vision by recruiting the best individuals and resources to open this market for us. So we are pleased to announce that we have been able to bring on board Mr. Kristofer T. Kelleher as the Director of Sales, North America. Prior to joining us Kris held senior marketing position for InvestorForce Securities in Wayne, PA. “An acknowledged and successful market strategist in the financial services sector, Kris will lead us in accelerating our growth in this key market”, adds Mr. O’Kelly. Prior to his tenure at InvestorForce, Mr. Kelleher served as marketing lead on a new mutual fund investment program for AEGON USA.
“Tasked with aggressively introducing PackHedge™ to the US marketplace, I am enthused about my opportunity to significantly contribute to the firm’s long-term success”, said Mr. Kelleher. “I am confident that US prospects, who up until now have had little choice in this arena, will welcome the opportunity to realize true efficiencies in data management, asset allocation tools, custom reporting and dedicated client service.”
The establishment of this new office complements the infrastructure we have created in London and Geneva, demonstrating the global nature of our business and the need to provide best in class products and support services that delight our clients worldwide.
About FinLab SA
FinLab is a software solutions company that develops, distributes and supports one of the world’s most advanced systems for investment research, analysis and asset allocation for both alternative and traditional funds.
The company’s product suite PackHedge™ is a series of state of the art modular software tools that provide an unmatched multi-source, multi-currency, multi frequency qualitative and quantitative data management model. PackHedge™ includes data aggregation, extensive statistical analysis and charting, a multi-dimensional query engine, complete pro-forma portfolio simulation, comprehensive fund of funds portfolio management, and customisable reporting capabilities. In addition tools to manage time series imports and customisable due diligence questionnaires are provided to ensure full data fidelity.
The company was formed in 1999 and is headquartered in Geneva, Switzerland with offices in London and Philadelphia.
For more information please visit FinLab’s web site http://www.finlab.com or please contact Mr. Kelleher at +1 (610) 345-0186.
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