Comada upgrades security offering for hedge fund investors
Comada, a provider of software solutions for hedge fund investors, has switched its servers to a new Infrastructure-As-A-Service (IaaS) platform hosted by QuoVadis Services. The new platform will upgrade the service Comada provides its clients, in particular those using its Managed Assets Technology software (M.A.T.ware).
The new platform has been built using the latest generation networking equipment, high speed SAN for data storage, and servers designed for high density CPU and memory, Comada says. “It enhances the levels of security Comada now offers its clients, with options for either multi-tenant or dedicated infrastructure.” The platform also supports Comada’s programme to offer clients more flexibility in the way they use Comada technology.
Rupert Vaughan Williams, co-founder of Comada, said: “Security is a key requirement for today’s fund managers and their investors. With QuoVadis, we are still able to offer clients robust solutions when compliance requirements mean they are unable to host software or data in a multi-tenant environment.”
Comada says its M.A.T.ware software is designed to be “highly scalable, allowing it to be seamlessly deployed across a multi-tenant environment, along with highly configurable reporting features for fund managers and investors. Its scalability for both small and large firms in the alternative investments space requires a hosting environment that can meet the most stringent technological due diligence criteria.”
Gavin Dent, chief executive of QuoVadis Services, said: “QuoVadis has provided IaaS hosting to Comada for eight years, working with the company to support their fast growth and technology evolutions. By focusing on the performance, availability and security of the underlying platforms, QVS allows Comada’s team to focus on evolving the software at the heart of their services.”
M.A.T.ware can be scaled to suit the needs of family offices as easily as large custodian banks. It is already being used by custodians, fund administrators and funds of hedge funds.
QuoVadis is an internet security provider with operations in Switzerland, Netherlands, UK and Bermuda. The company is a global provider of digital certificate and digital signature services used to enhance privacy and confidentiality, data integrity and strong authentication over the internet.