IBSI’s accounting system gains hedge funds traction

New york – Integrated Business Systems (IBSI), a Melville, NY-based financial technology developer, has quietly expanded its hedge fund client base for its Visual Portfolio Manager (VPM) portfolio management and accounting system.More than 50 hedge fund managers with combined assets of $150 billion are using VPM, according to Michael Alesandro, founder and chief executive at IBSI. VPM runs on Microsoft SQL technology, and supports multiple asset types – equities, fixed income, and futures, a