EGP selects Cardinal Consulting (Syntesys Group) to operate its Member Concentrator and MACUG SWIFT Service Bureau

19 September 2008

Européenne de Gestion Privée (EGP), the investment management company offering innovative portfolio management and brokering services to a selected clientele in Europe has selected Cardinal Consulting (Syntesys Group) for the support and maintenance of its SWIFTNet infrastructure.

Européenne de Gestion Privée who has continuously implemented internal IT systems enabling it to render high quality services at significantly reduced costs and obvious advantages for the clientele is also an Administrator of a SWIFT’s member administered closed user group (MACUG), as well as, provider of Member Concentrator connectivity to SWIFT. Cardinal Consulting (Syntesys Group) has been selected to help Européenne de Gestion Privée build and operate its value-added SWIFTNet platform which is used in combination with Financial Tradeware software products to accelerate STP rates improving organisational efficiency and reliability and reducing operational costs in small to medium size organisations. The platform is used by a dozen of financial institutions to access FIN, FileAct, Proxy Voting, Accord Matching, CREST and Funds over SWIFTNet.

Rachael Mellen, Chief Business Development Officer at Syntesys Group, says: “EGP and Cardinal Consulting started their SWIFT operations in Switzerland almost at the same time five years ago and we are extremely delighted by EGP’s renewed confidence in our ability to deliver high quality SWIFT Certified Services all over Europe”

Gianfranco Lande, CEO, Européenne de Gestion Privée (EGP), says: ““Our core business and expertise is in investment management to a selected private and institutional clientele in Europe, so it is vitally important that our IT infrastructure and trading operations are supported by experienced professionals.

With diverse internal group customers such as hedge funds, and a growing community of external players spanning the entire investment industry, we are pleased to be building on the established relationship with Cardinal Consulting.

Their ability to provide scalability, rapid problem resolution, pro-active change management and proven messaging experience in all areas of SWIFT connectivity and applications, especially with the expansion of ISO20022 and SWIFTNet capabilities, make them our trusted choice to future proof our IT platforms and provide long term support services.”

Become a bobsguide member to access the following

1. Unrestricted access to bobsguide
2. Send a proposal request
3. Insights delivered daily to your inbox
4. Career development