ARCHWAY TECHNOLOGY PARTNERS ANNOUNCES OFFICE EXPANSION IN MULTIPLE CITIES
Strong Performance Results and Growing Operations Drive Office Expansion
New York, NY. February 17, 2009 – Archway Technology Partners announced today that as a result of a rapidly growing client base and wave of new employees, office expansion is underway in its headquarters in Indianapolis and is relocating its office space in New York City. In total, the company will nearly quadruple their existing space.
“Despite the economic downturn that is unfortunately effecting so many, Archway is poised for growth and assembling the right pieces to facilitate the company’s growth and forming new opportunities to serve existing clients,” said Jason Brown, President, Archway Technology Partners. While privately held, the company boasts strong results year over year in each market it serves.
Archway Technology attributes their growth to being able to service all private capital markets and the sudden momentum gained by the recent launch of the ATWeb Portfolio edition platform. While their flagship application, ATWeb Enterprise strives to simplify the operation of the back office, the ATWeb Portfolio edition has a more focused approached of serving clients with strict Portfolio Management and Reporting requirements. In addition, the company is cushioned by offering both technology and back office outsourcing services.
With the build out expected to be complete in Q1, company executives are planning to host clients, partners and prospects for a celebration open house.
About Archway Technology Partners
Archway Technology Partners is a global software company supporting the operations of private investment companies such as Hedge Funds, Fund of Funds, Family Offices, Multi?Family Offices, Fund Administrators and Real Estate Funds. Archway’s flagship product, ATWeb, is a leading on?demand enterprise software application for the Investment Industry. ATWeb customers enjoy web?deployed tools available 24/7. ATWeb is the industry’s only application that has successfully integrated investor relations, portfolio reporting, fund accounting, partnership accounting, and a full suite of financial modules ? a true standard in one solution. Built on next generation technology, Archway also supports the world’s only fully integrated Hedge Fund Market. For more information, please visit our website at http://www.archwaytechnology.net.