London, 19 January 2009
innerExchange releases a new version of its inExHedge product, enhanced for managing Islamic funds, Green and Ethical funds.London, January 19th, 2009 - innerExchange, a leading provider of FIX, connectivity and smart routing solutions to the financial community, today announced that in response to strong client demand, it has released an enhanced version of inExHedge, a sophisticated portfolio management and accounting system to cater for managing Islamic Funds, Green and Ethical Funds.
inExHedge is a solution based on a real-time modular client server architecture platform that provides a very cost effective alternative to Fund Managers and Asset Managers in operating and administering their funds.
inExHedge has been designed and built from the bottom up over the last 2 years and it uses all of the very latest technological advances in the portfolio management and trading technologies spaces, integrating natively standard business flow protocols to ease integration with clients' existing components. These technologies have come down in cost over the last few years, enabling us to pass these savings onto our clients without having to compromise on performance and functionality.
In addition it offers exceptional scalability, security, failover, throughput and ease of support. inExHedge can be provided in SaaS implementation model and allows for Fund Managers to start in a matter of days.
Nicolas Cheronet, Managing Director of innerExchange said "inExHedge was initially developed in response to strong customer demand. It provides Fund Managers and Asset Managers with a fully featured solution offering a very low cost of ownership, ease of implementation and very low cost of scale thanks to its modular architecture. Ultimately, this has allowed us to provide our customers, in a very short period of time, with new solutions for the specific needs they required to manage Islamic funds and Green and Ethical funds."
Today, inExHedge is being used from 7 countries with customers representing just under USD 20 billion under management.
For more information on inExHedge key features, please visit
inExHedge website.
