Lanware, provider of outsourced technology services for investment firms and financial institutions, is delighted to announce that it has won best outsourced technology infrastructure provider at the European Hedge Fund Services Award 2016.

Presented by Hedge Fund Manager, these prestigious awards recognize hedge fund service providers that have provided exceptional customer service and created innovative products over the past 12 months.

Henry Duncombe, Managing Director at Lanware, said: “Lanware understands that hedge funds can outsource the responsibility but not the accountability for technology, and gives them the tools they need to conduct effective oversight of their services. I’m delighted that the outstanding quality of our client solutions have been recognized in this prestigious award, which reflects our excellent track record of technical, commercial and security innovation.”

The award recognizes Lanware’s work with Finisterre Capital LLP, a hedge fund and part of Principal Global Investors (PGI) and other clients. Lanware developed a bespoke private cloud platform in conjunction with Finisterre’s new trading and portfolio management systems, leveraging the secure private cloud platform built specifically for the wider PGI group.

David Hill, Chief Financial Officer, Finisterre Capital, said: “Following a strategic review of its technology, with an expanding business, new systems and an office move on the horizon... We were looking for an IT partner that could meet all our needs and were very impressed by Lanware.”

The 2016 European Hedge Fund Services Awards were held on 21 April at the Hurlingham Club, London.