BISYS(R) Alternative Investment Services Earns Best Single / Multi-Strategy Hedge Fund Administrator Award
22 März 2007 - 3:57PM
Business Wire
BISYS Alternative Investment Services, a leading global provider of
administrative, accounting and tax services for the hedge fund and
private equity industry today announced that it received the Best
Single / Multi-Strategy Hedge Fund Administrator award at the Hedge
Fund Journal awards dinner in London. This ceremony, which was held
at the Natural History Museum, celebrated the leading service
providers in the European hedge fund industry. This prestigious
honor was based on BISYS� commitment to clients, business growth,
investment in technology, strategic partnerships and strong client
feedback. BISYS� strategic partners � Linedata Services� Beauchamp
and RiskMetrics Group, also won awards for Best Hedge Fund
Technology Supplier and Best Risk Management Software Supplier,
respectively. �We are delighted about winning this award, which is
a tribute to the commitment of our dedicated service teams,� said
Ronan Daly, president of BISYS Hedge Fund Services, who accepted
the award on behalf of BISYS. �Being recognized with this accolade
underlines our ongoing commitment to our clients and the industry.
We continually focus on providing highly scaleable outsourcing
solutions to the hedge fund industry, and winning this award
reinforces our efforts.� Bill Neville, president of BISYS
Alternative Investment Services, added, �BISYS works hard to
deliver quality service and innovative solutions to its clients. We
are extremely pleased to have won this award as we continue to set
the standard for excellence in hedge fund administration.� About
BISYS Alternative Investment Services BISYS Alternative Investment
Services is a leading global provider of administrative,
accounting, advisory, and tax services for the alternative
investment industry with over $275 billion in assets under
administration. BISYS provides innovative and tailored solutions to
approximately 500 clients and over 1,500 funds, including hedge
funds, private equity funds, fund-of-funds, and other alternative
investment products. BISYS Alternative Investment Services is a
division of The BISYS Group, Inc. About BISYS The BISYS Group, Inc.
(NYSE: BSG) provides outsourcing solutions that enable investment
firms and insurance companies to more efficiently serve their
customers, grow their businesses, and respond to evolving
regulatory requirements. Its Investment Services group provides
administration and distribution services for mutual funds, hedge
funds, private equity funds, retirement plans, separately managed
accounts, and other investment products. Through its Insurance
Services group, BISYS is the nation�s largest independent wholesale
distributor of life insurance and a leading independent wholesale
distributor of commercial property/casualty insurance, long-term
care, disability, and annuity products. Additional information is
available at www.bisys.com. Except for the historical information
contained herein, the matters discussed in the press release are
forward-looking statements within the meaning of the safe-harbor
provisions of the Private Securities Litigation Reform Act of 1995.
These forward-looking statements are based on management's current
reasonable expectations and are subject to certain assumptions,
risks, uncertainties and changes in circumstances due to future
events as well as changes in economic, competitive, regulatory
and/or technological factors affecting BISYS' business, including,
without limitation, the impact of the Company's evaluation of
strategic alternatives and the outcome of pending and future
government investigations and litigations involving the Company.
More detailed information about risk factors that could cause
actual results to differ materially are noted in BISYS' periodic
filings with the Securities and Exchange Commission, including its
Annual Report on Form 10-K for the year ended June 30, 2006. These
documents can be accessed on BISYS' website at www.bisys.com under
the "Investor Relations" tab. Forward-looking statements are only
predictions, not guarantees of performance, and speak only as of
the date they are made. BISYS disclaims any obligation to update or
amend these statements in light of new information, future events
or otherwise.
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