Hazeltree Enhances Treasury Management for Neuberger Berman
(Thomson Reuters ONE) -
NEW YORK, LONDON and HONG KONG, Sept. 19, 2017 (GLOBE NEWSWIRE) -- Hazeltree,
the leading provider of integrated buy-side treasury management solutions, today
announced the successful implementation of its treasury product suite at
Neuberger Berman, a private, independent, employee-owned investment manager.
Hazeltree enhances Neuberger Berman's treasury functions through automated
workflows in reconciliation, securities financing, margin management as well as
cash and collateral management. Hazeltree's solution will create efficiencies
and provide scalability across these growing functions.
"At Neuberger Berman, we continually work to enhance our infrastructure to best
serve clients and the increasingly complex solutions they demand," said Pat
Lomelo, Neuberger Berman's Global Head of Operations. "Hazeltree has helped to
streamline our treasury management function and has delivered leading-edge risk-
reduction capabilities."
"We are pleased to work with an industry-leading global investment manager,"
said Sameer Shalaby, President and Chief Executive Officer of Hazeltree. "The
successful implementation of the full Hazeltree suite of products at Neuberger
Berman is a testament to the flexibility and capability of our solutions for
complex businesses of all types managing cash, collateral and other treasury
functions."
About Hazeltree
Hazeltree is the leading Treasury Management solution provider, serving hedge
funds, asset managers, fund administrators, insurance companies and pension
funds with powerful, proactive performance enhancement and risk mitigation
capabilities that generate operational alpha, reduce a range of risks and
streamline operations. Hazeltree's integrated treasury management solution
includes comprehensive cash management, securities financing, collateral
management, counterparty management and margin management capabilities.
Hazeltree is headquartered in New York with offices in London and Hong Kong. For
more information, please visit www.hazeltree.com.
About Neuberger Berman
Neuberger Berman, founded in 1939, is a private, independent, employee-owned
investment manager. The firm manages equities, fixed income, private equity and
hedge fund portfolios for institutions and advisors worldwide. With offices in
19 countries, Neuberger Berman's team is more than 1,900 professionals. The
company was named the #1 firm in Pensions & Investments 2016 Best Places to Work
in Money Management survey (among those with 1,000 employees or more). Tenured,
stable and long-term in focus, the firm fosters an investment culture of
fundamental research and independent thinking. It manages $271 billion in client
assets as of June 30, 2017. For more information, please visit our website at
www.nb.com.
Contact:
Sameer Shalaby, President & CEO
sshalaby(at)hazeltree.com
646.790.7250
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Hazeltree Fund Services via GlobeNewswire
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Datum: 19.09.2017 - 09:00 Uhr
Sprache: Deutsch
News-ID 560354
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