Keep your operating team lean and happy with outsourced procurement. Concertiv takes on the day-to-day vendor management and administration of technology, market data and exchange feeds freeing up your team’s time so they can focus on more important tasks.
Concertiv’s Procurement Solutions Provide Hedge Funds:
- Product expertise and curated offerings to ensure the best products
- Group purchasing and preferred terms to maximize ROI on vendor spend
- Operational efficiency gains by removing the burden of vendor management including renewals, invoice reconciliation, user provisioning, entitlements, and contract management
Concertiv drove $215,000 of annual recurring savings and created operational efficiencies by executing a wholesale review of a hedge fund’s data feed portfolio and workstation deployment. Our dedicated team took on tasks previously managed by the CFO, saving him over 275 hours a year.
Leading Hedge Fund Saves $215,000 annually