Capco Targets Hedge Funds With FundClear Purchase

ORGANIZATION & STRATEGY

Consultancy and reference data software vendor Capco is creating a new business division, Capco Hedge Fund Services, following the purchase of FundClear Solutions, which it announced last week.

FundClear's "transaction hub" is designed to improve the flow of trade data between hedge funds, fund administrators and prime brokers. It consists of hosted applications and infrastructure that enrich and format the sometimes patchy trade data sent from hedge funds to prime brokers and fund administra

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