HazelTree, a leading US-based provider of integrated treasury management solutions, is pleased to announce its partnership with Integra-IT Hong Kong Limited.
This venture was formed to help facilitate business development and local support for HazelTree’s clients in Asia. Integra-IT is a leading provider of outsourced IT solutions and application support. Integra-IT has enabled HazelTree to quickly build its presence in Asia, sharing resources and facilities to ensure regional clients as well as clients worldwide receive full support 5 x 24.
Leon Carrington, Managing Director of Integra-IT said, “We are excited to be working with HazelTree and look forward to representing them. Our clients are already enjoying the benefits that HazelTree’s Treasury Management solution brings to their organizations and will realize the advantage of having a local presence, both on-the-ground and in the same time zone.”
HazelTree CEO, Stephen Casner welcomes the partnership and commented, “With Integra-IT, we have found a highly capable local partner to support our growing business in Asia. Their knowledge of the alternative market in Asia, coupled with superb IT skills have created very strong relationships in the local markets. They are vital to supporting our global growth while maintaining the highest level of service to our clients worldwide.”
Nine Masts Capital Limited, a leading Hong Kong-based asset manager was the first Asian domiciled user of HazelTree’s Treasury services in Asia. COO, Elaine Davis commented, “We looked for a long period to find an affordable, comprehensive solution for our treasury and collateral management needs. We were delighted when HazelTree and Integra formed this collaboration, which helped us to improve the time in onboarding and to have local coverage for support and application development. To have a major application developer like HazelTree team with a well respected support services provider like Integra in our time zone is a major benefit for the region.“
HazelTree’s comprehensive Treasury Management solution provides a single vantage point to discern, analyze and optimize rates and balances across all counterparties. From cash management to securities financing to collateral and margin management, critical information is clearly presented, choices modeled and transactions executed — seamlessly through a single interface.
HazelTree is headquartered in New York with Offices in London and Hong Kong. Founded in 2009, the company provides Treasury Solutions to top tier hedge funds, family offices, managed account platforms and fund administrators. Currently serving clients with aggregate AUM in excess of US$180bn, HazelTree was awarded the HFMWeek US Hedge Fund Services Award for best fund Accounting and reporting Software.
Integra-IT provides IT support through a catalogue of technology service offerings. Each is a specialised discipline that targets solutions to client’s engineering or technology problems to help fuel their own growth and provide stability. Integra-IT is an IT infrastructure life-cycle support company that can help our clients solve business problems at any point along the physical life-cycle of their IT systems, equipment and technology.
Headquartered in Hong Kong with an office in Singapore, Integra was founded in 2008.