Navatar CRM for Hedge Funds Gives Customers Deep Functionality to
Manage Prospective Investors, Investor Relations, Fundraising,
Investments, Fund of Funds, and Fund Portfolio
Free 30 Day Trial of Navatar CRM for Hedge Funds Now Available On the
Force.com AppExchange
NEW YORK, April 21, 2009 (GLOBE NEWSWIRE) -- Navatar Group, a global salesforce.com partner in financial services, today announced several new customers, including KStone Partners, Kelvingrove Partners and Zebra Capital. The firms are using Navatar's customized CRM for Hedge Funds, a cloud computing application to manage hedge fund and fund of funds operations. Navatar CRM for Hedge Funds is built and run entirely on the Force.com platform from salesforce.com and is available on the Force.com AppExchange.
Navatar CRM for Hedge Funds facilitates the most important operational functions of hedge funds, including:
* Manage investor relations * Manage fundraising * Track investments * Track fund portfolio * Generate investor reports * Send fund information, newsletters
"Cloud computing is a no-brainer in enabling Hedge Funds to do more with less. Navatar CRM for Hedge Funds helped us get up and running in the shortest timeframe," said John Quinlan, Head, Sales & Operations, Kelvingrove Partners.
"Navatar CRM for Hedge Funds has been a cost-effective product in helping us jumpstart our operations," said Daniel Edwards, Operations, KStone Partners.
"If you are looking for an affordable, reliable, out-of-the box product to manage hedge fund operations, salesforce.com and Navatar have it," said Greg Teitel, Director, Sales & Marketing, Zebra Capital.
Navatar CRM for Hedge Funds is built and run on the Force.com platform, inheriting all the benefits of the fastest and easiest platform for building cloud computing business applications. Force.com includes robust security and sharing models, workflow, analytics, customization, integration, and mobile access as well as the reliability, availability and global scale of salesforce.com's trusted and proven infrastructure.
Navatar CRM for Hedge Funds is 100% natively built on Force.com, which means that all of the customer data, as well as all the code is hosted by salesforce.com as opposed to any external servers. All customers share the same code base, but still have the ability to create their own customizations. Having the same code base ensures that Navatar is able to constantly add value to the product by adding features and functions as well as providing free maintenance, regular upgrades and free email support to its customers.
"The Force.com platform gives Navatar the ability to focus on innovation, not infrastructure," said Renny Monaghan, vice president, Financial Services, salesforce.com. "Navatar Group is one of our leading partners in Financial Services. They've applied their industry specific knowledge to the Force.com platform, and delivered a great cloud computing solution for Hedge Funds."
"Within a day, hedge funds can now use this cloud computing application to manage their operations at a very low cost. There is no hardware and no software required," said Alok Misra, Principal, Navatar Group. "In addition, we help hedge funds with training and our expert Help Desk and use cloud computing to constantly roll out new features and innovation."
30-Day Free Trial
Navatar CRM for Hedge Funds is now available for a 30-day free trial on the Force.com AppExchange or at http://www.navatargroup.com. Contact 212 461 2140 or sales@navatargroup.com for more information.
About the Force.com Platform and AppExchange
Force.com is the only proven Platform as a Service for building and running business applications in the cloud. The Force.com platform powers the Salesforce CRM applications, more than 800 ISV partner applications like those from CODA and Fujitsu, and more than 100,000 custom applications used by salesforce.com's 55,400 customers such as Japan Post, Kaiser Permanente, KONE and Sprint Nextel.
Force.com is the fastest platform for building and deploying complex business applications. Unlike a stack of disparate client/server hardware and software products, Force.com unifies the development and deployment model from the database to the device, allowing developers to easily assemble applications with clicks, components and code, and then instantly deploy them on salesforce.com's trusted global infrastructure. Customers and partners are using Force.com to build diverse business applications from supply chain management to compliance tracking, brand management, accounts receivable, claims processing applications and much more.
Applications built on the Force.com platform can be easily distributed to the SaaS community through the Force.com AppExchange marketplace at http://www.salesforce.com/appexchange/.
About Navatar Group
Navatar Group (http://www.navatargroup.com), a premier salesforce.com partner, is a global firm that excels in Cloud Computing advisory and implementation services and products. Founded by veterans of Deloitte Consulting, Navatar Group is a leading provider of Force.com solutions for the Financial Sector.
One of the first to bring Wall Street experience to Cloud Computing, Navatar provides ready-to-deploy Force.com-based CRM solutions for Equity Capital Markets, Debt Capital Markets, Mutual Funds, Hedge Funds, Private Equity and Mergers & Acquisitions. Navatar's CRM solutions for Financial Services are being used by firms in North America, EMEA and APAC. Navatar Group is headquartered on Wall Street, New York with offices in Washington DC, London and New Delhi, India.