One British data hub is banking on the idea that its location—a former military nuclear bunker site—will assure customers that their top-secret trading data is safe. The Bunker Secure Hosting, based in Kent, provides round-the-clock database and web hosting services. London-based youDevise, which offers web-based portfolio management to institutional investors, including hedge funds, has partnered with The Bunker since launching the Trade Idea Monitor in 2005. In 2006, youDevise and The Bunker partnered to launch the Hedge Fund Information Provider. The tools have 4,000 subscribers worldwide, who access these databases from their desktops in hopes of getting an edge on competition. “We handle highly sensitive positions and trading recommendations on behalf of clients that are accessible all over the Internet, so each investment bank or asset manger has to be confident that The Bunker meets their security demands,” said Colin Berthoud, managing director of youDevise in a recent joint release. Five youDevise clients have tested the Bunker and found no fissures in its foundation, he said.
Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.
Insight and analysis into the management, marketing, operations and technology of the asset management industry.
Have an account? Sign In