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Cosmos Technologies, the product development arm of Indus Valley Partners, today announced a strategic move in business development to extend its global success and to continue to garner market share.
Over the course of the last year Cosmos has undertaken a strategic expansion of its product suite to address the middle office needs of asset managers and hedge funds facing new requirements from investors and regulators as well as supporting a wider range of trading strategies. Under the program, the already robust delivery of its reconciliation and security master applications, are now available on a “lite” basis, encompassing most of the key functionality required by users. In addition, Cosmos delivers a comprehensive data warehousing toolkit, Polaris 2.0 which continues to receive substantial upgrades in anticipation of market developments.
Taken together, Cosmos now has an enterprise-level solution set for distribution to buy-side institutions worldwide.
Consistent with the expansion, Cosmos has appointed industry veteran George Wishart to the new position of Head of Business Development. The position encompasses new business development, as well as the management of the sales and service efforts of the firm. Mr. Wishart brings extensive expertise and experience to the role. Prior to joining Cosmos, Mr. Wishart held senior sales management positions at SS&C Technologies, Orc Software (Cameron Systems), SunGard, and S.W.I.F.T.
Said Gurvinder Singh, Cosmos CEO: “Cosmos delivers proven middle office solutions for multi-asset, multi strategy funds seeking to manage in today’s increasingly complex, and uncertain market environment. We have succeeded by anticipating what firms will need in processing and reporting, regardless of their size or strategy. George Wishart will head the key area of business development as we continue to build our franchise and we know that his commitment to our clients will serve us well.”
Said George Wishart: “As asset managers and hedge funds seek to navigate today’s difficult environment, the need to focus on the middle office – to realize efficiencies in both cost and productivity – will become more essential to their business growth. We will continue to build our business by assisting our clients in building theirs.”
