Business Services Industry

Arrivato Advisors Selects Upstream As Technology Partner

Business Wire, July 27, 2005

BOSTON & NEW YORK -- Upstream Technologies LLC, a leading provider of investment management technology and solutions to the institutional and mutual fund industries, announced that it has been selected by Arrivato Advisors LLC, an SEC registered investment management firm, as its technology partner. Upstream will work with Arrivato to maximize efficiencies for Arrivato's front-office operations. Arrivato will be using the Upstream solution to enhance portfolio construction and optimization, risk control, allocation management, trade order management and multi-broker connectivity.

"After conducting an exhaustive industry search, we determined that Upstream possesses the most comprehensive solution to help streamline our investment management processes to better serve our clients," said Eric Rubin, President of Arrivato Advisors LLC. "We were not only impressed with Upstream's proven technology, but also their domain expertise through Samuelson Portfolio Strategies, the research arm of Upstream. This combination of superior technology and industry expertise gave us an additional level of comfort that made Upstream the right choice as our technology partner," added Rubin.

"We are delighted to have been selected by Arrivato as their provider of investment management technology," said Mark Hoffman, Upstream president and CEO. "We are impressed with the innovation and thought-leadership of the Arrivato management team and applaud their commitment to harnessing the power of advanced technology to help deliver superior results for their clients."

About Upstream Technologies LLC

Upstream Technologies, founded in 1999 by industry veterans Evan Schulman and Mark Hoffman, provides an integrated suite of products that streamlines the investment management process and integrates an asset manager's unique investment style into multiple investment products. The Upstream solution supports straight through processing and automates an asset manager's workflow of portfolio construction and optimization, model and overlay management, compliance and trade order management. Upstream offers robust reporting capabilities and trade audit trails.

For more information, please visit www.upstream.net

About Arrivato Advisors LLC

Arrivato Advisors LLC is a SEC registered investment management firm, founded to serve as an investment advisor for both Institutional and Retail investors. Based in New York's Empire State Building, the Company has obtained a license from Dow Jones Indexes to offer new and innovative financial products based upon specific indexes. In addition, Arrivato offers a wide range of domestic equity and fixed income products based on the newly created Dow Jones U.S. Target Date Indexes. For more information, visit www.arrivatofunds.com.

COPYRIGHT 2005 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning

 

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