Commensus Shortlisted for Best Provider of Cloud Computing in the Hedge Fund Service Awards 2012

Leading Cloud Computing provider, Commensus has today been shortlisted in the HFMweek European Hedge Fund Services Awards 2012. The awards aim to recognise the top service providers in the hedge fund and alternative investment industries. Commensus have been shortlisted for the ‘Best provider of cloud computing services’ and the ‘Best overall technology provider’ with competitors Eze Castle Integration and Capital Support.

Group Marketing Manager, Steve Pailthorpe commented, “Commensus are committed to the Hedge Fund industry and our involvement in these awards is a testimony to the growth and success that we’ve had over the past year in developing our commitment to providing our customers with unrivalled support.”

Commensus has grown to become recognised by the industry and their clients as a leading provider of enterprise cloud computing services. Throughout 2011, the company provided cloud services to over 100 Hedge Funds and Asset Management institutions throughout the UK and Europe. The company began in 2008, where they developed a core solution through the provision of a secure cloud platform known as C-VIP. Utilising this platform, the company has been able to offer a range of cloud hosted services including on-premise virtualisation, network and connectivity customisation and Voice over IP combined with a suite of managed IT support services which are all backed by 24/7/365 unrivalled support.

The company recently reported 103 customers who have been on their platform for more than three years and their total customer base has grown to 175 companies throughout 2011/2012 with 83% of growth coming from the Hedge Fund and alternative investment sectors.

Pailthorpe continued, “In 2012, we have already seen a strong interest from Macro Funds as well as Prime Brokerages and financial service providers. Our growth has increased year on year by 32% from 2011 to 2012 and customers are reporting great service with 98% reporting a service of good or excellent over the last quarter”

When asked if Commensus were hopeful of success at the awards, Pailthorpe noted that they were quietly hopeful of good recognition during the event;

“Some of our competitors have been hit my major outages this year which has damaged reputations. Commensus however has built on the strength of our continued 100% uptime guarantee. With this in mind, we’re confident that our success will be acknowledged by the panel of discerning judges”

The winners will be announced on Wednesday 28^th March 2012 at The Hurlingham Club in Putney, London. For more information visit HFMweek

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