Back Office & Operations Technology & Risk Management

Vertex migrates to cloud-based back office system

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London-based investment boutique Vertex Capital Management has migrated Vertex Evolution UCITS to a new middle and back office services platform for hedge funds.

The investment advisory firm selected Point Nine’s operations services and proprietary Circle technology platform when it launched in May last year. A new release, Circle.2, provides live and cloud-based trade reconciliation and settlements for the first time, enabling fund managers to view key information such as counterparty exposures and settlement reports in real-time.

Carl Mauritzon, founder and chief investment officer of Vertex Capital Management, says: “Operations infrastructure was one of our biggest worries prior to launching,