G2 Systems Announces Global ‘Smart-Sourcing’ of Geneva® Services with Leading IT Consulting Firm GFT

G2 Systems, LLC, an innovative software and consulting firm specializing in investment management, accounting and operations systems for the alternative investment community, and GFT, a leading global IT consulting firm specializing in the design and build of middle and back-office solutions for the financial services industry, announced today the launch of a new comprehensive, cost-effective service for Geneva implementation and support services.

"Our Clients are looking for a high-performance and lower cost solution to address their technology and operational needs in support of their Geneva portfolio management and fund accounting system,” said George Michaels, founder and CEO of G2 Systems. "Financial services firms don’t want to choose between quality of service, rapid delivery, and price; they rightly want all three.”

"By partnering with GFT, one of the leading IT consulting firms with global delivery capabilities, and over 20 years of experience in delivering finance IT solutions, we can provide an unmatched comprehensive and innovative service,” added Michaels.

"We are excited about the partnership with G2 Systems and the new joint offering providing our Clients with portfolio accounting, operational expertise and deep knowledge of Geneva as part of our smart-sourcing strategy,” said Joan Carles Fonoll, Managing Director of GFT U.S. Operations.

"Current service providers lack the capabilities and expertise to consistently engage in large-scale Geneva implementations,” said Fonoll. "Through this new offering, we jointly combine expertise on-site with scalability through our near-shore and off-shore delivery centers in Brazil and Spain at a lower total cost to the Client.”

Geneva is a registered trademark of Advent Software, Inc. For more information on Geneva visit https://secure.advent.com/info/pr_geneva.

About G2 Systems, LLC:

G2 Systems, LLC (www.g2systemsllc.com) is a boutique software and consulting firm that serves the dynamic needs of hedge funds, brokerage firms and fund administrators. G2 delivers solutions that help Clients improve their business operations. Advent Software welcomed G2 as one of the first ‘Premier Consulting Partners’ for their Geneva portfolio management and fund accounting system in November 2008. G2 has its own suite of software and does custom software development. The technical systems development, fund accounting and operations team at G2 provides consulting expertise in investment management, accounting and operations systems. G2 is comprised of a combination of Wall Street finance and IT veterans and first-rate graduates from the nation’s top engineering schools.

About GFT:

The GFT Group (www.gft.com) is an international provider of innovative IT solutions and services. Over 20 years of experience makes the company a reliable and strategic IT partner, enabling its clients to optimize their business processes through intelligent IT systems and specialists and to thus sustainably improve their competitive positions.

GFT is among the world's leading IT service providers in the financial services sector. The company combines established technology experience with a wide range of industry expertise, in order to develop, implement and maintain customized IT solutions (Services division).

GFT recruits and places IT freelancers across a range of industries and locations. It also oversees the complete management package for its clients. The basis for this is a worldwide reserve of experts, consisting of over 180,000 freelance IT specialists (Resourcing division).

Ulrich Dietz founded GFT in 1987 and is now CEO of the Group which, in 2009, achieved revenues of around 217 million EUR. It has more than 1,200 employees at locations in Germany, UK, US, Spain, Brazil, Switzerland and France. GFT shares are listed on the Frankfurt Stock Exchange (Prime Standard: WKN 580 060, GEX).