Overseas Clearing CorporationLaunches New Hedge Fund SoftwareSolution

Leading banking software provider OverseasClearing Corporation announces the launch ofNexorFund, the customized version of its webbased banking interface for financialinstitutions targeted for hedge funds and othertypes of investment pool structures.

Panama City, Panama (PRWEB) July 23, 2008 --NexorOne, the company's leading online bankingplatform for private international banks, offshorefinancial institutions, investment fund managers,payment processing companies and other small tomedium sized financial companies around the globe,allows institutions to enjoy the benefits of using acompletely web based banking interface for financial

PRWeb eBooks - Another online visibility tool from PRWeb

institutions. "We are very pleased to broaden our client base ofFinancial Institutions to include hedge fund managers,"says Michael Magnusson, Chairman of OverseasClearing Corporation in Panama. "Our ambition is todeliver turn key packages, including hedge fundformation, fund management software and transactionclearing facilities. NexorFund™ is the key componentwe need to achieve this goal." NexorFund will continue to offer its clients the samemulti-currency, user friendly interface they have cometo expect from NexorOne and Overseas ClearingCorporation, but it offers a number of advantages forfund managers not found in the original. The newsoftware is designed to facilitate the management ofunits and unit holders of investment pools, as well asoffering optional integration with a new payment

Page 2/4

If you have any questions regarding information in these press releasesplease contact the company listed in the press release. Our completedisclaimer appears here. - PRWeb eBooks - Another online visibility toolfrom PRWeb

processing platform soon to be released by theEurowire Clearing Corporation of Cayman Islands. "With an international staff and offices around theworld we service customers in all continents, ensuringthat our product is internationally compatible," statesMagnusson. Overseas Clearing Corporation in Panama, thecompany behind the production, development anddistribution of NexorOne, offers its clients much morethan software. They also provide legal services, secureoffshore hosting solutions, ongoing IT support andtraining for financial institutions and theiremployees.Visit www.nexorfund.com for furtherinformation. ###

Page 3/4

If you have any questions regarding information in these press releasesplease contact the company listed in the press release. Our completedisclaimer appears here. - PRWeb eBooks - Another online visibility toolfrom PRWeb

Contact Information Remy Swaab Ovrseas Clearing Corporation http://www.nexorfund.com +1 507 265 2000

Online Web 2.0 VersionYou can read the online version of this press release here.

PRWebPodcast Available Listen to Podcast MP3 Listen to Podcast iTunes Listen to Podcast OGG

Page 4/4

If you have any questions regarding information in these press releasesplease contact the company listed in the press release. Our completedisclaimer appears here. - PRWeb eBooks - Another online visibility toolfrom PRWeb