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Vitech Systems Group Signs Seven Leading Investment Organizations to its Equitrak(TM) Platform Used for Alternative Asset Management
[September 29, 2009]

Vitech Systems Group Signs Seven Leading Investment Organizations to its Equitrak(TM) Platform Used for Alternative Asset Management


NEW YORK, Sept 29, 2009 /PRNewswire via COMTEX/ -- Vitech Systems Group, Inc., the leading global provider of software and services to the alternative asset community, today announced that it has signed seven new clients to the Equitrak platform during the first half of 2009. These clients include Caledon Capital Management, Inc., IDeA Capital Funds SGR SpA, Hauck & Aufhauser, and Thomas Weisel Partners Group, Inc. Equitrak is a multi-lingual, multi-GAAP, and multi-currency fund administration solution.



"Vitech is extremely excited by Equitrak's strength in the marketplace, with clients in ten countries including the U.S., Canada, Switzerland, Luxembourg, Singapore, and China," said Frank Vitiello, President of Vitech Systems, Inc. "Equitrak continues to lead the marketplace and deliver superior fund administration features. Its adoption by such a diverse array of administrators, investors, funds, banks, and transfer agents is a great testimony to its extensive capabilities." Equitrak is a scalable solution that can be used by small and large global organizations. Equitrak clients use the platform to perform a complete range of administration activities including fund accounting, investor servicing, partner allocations, portfolio management, and more. Equitrak is a fully integrated solution with hedge, private equity, real estate, unitized processing, financial accounting, compliance, CRM, document management, internal and external reporting, and ad hoc query capabilities in a single system.

Vitech has offices globally to support Equitrak, including New York, Boston, San Francisco, Edinburgh, London, Paris, and India.


About Vitech Systems Group, Inc.

Vitech Systems Group, Inc. is a leading provider of software and services to the benefits administration community and the alternative assets community. Headquartered in New York, NY, Vitech provides its clients with proprietary enterprise software, related implementation services, subject matter expertise and business processing support. The company has been in operation for over 15 years and the company's global client base spans North America, Europe, Asia, and the Middle East. For more information about Equitrak e-mail [email protected] or visit www.vitechinc.com.

SOURCE Vitech Systems Group, Inc.

http://www.vitechinc.com

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