A provider if IT infrastructure and data management solutions to hedge funds, Agio Technology, has now sought approval from Hewlett Packard Co to act as a national enterprise storage reseller. Agio is a company that manages the complexities arising in technology infrastructure which is essential to smoothly run a hedge fund in today’s competitive market. Only 60 enterprises out of approximately 20,000 HP authorized solution partners in the United States have been awarded with this distinction.
The authorization provided by HP will enable Agio to market HP’s ProLiant Server and other enterprise storage solutions throughout the United States. Vice President, Sales, Garvin McKee at Agio Technology, said that the distinction endowed upon Agio by HP testifies that HP beliefs in the company’s capability in delivering excellent and complex enterprise solutions across the nation. The focus and experience of Agio in the hedge fund market will enable the growth of HP’s technological footprint in a sector where currently HP does not have a hold.
Almost 90 percent of the hedge funds in the sector belong to the small and medium enterprises segment. This segment has always faced a lack of solution providers in the past that have an expertise and excellence in deploying complex enterprise storage services according to the clients’ business requirements. With the authorization of Agio from HP and its previous record of catering its services to many hedge funds is building trust amongst leading funds that are still searching for a potential service provider.
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