Westport Capital Partners LLC Selects NorthPoint Form PF/Regulatory Solution

NEW YORK - April 24, 2013 - PRLog -- New York, NY – NorthPoint, a premier provider of software solutions and services for Hedge Funds, Asset Managers, and Industry Service Providers, announced that Westport Capital Partners LLC, an investment management firm focused on opportunistic and distressed real-estate investments, selected the NorthPoint Form PF Software Solution and has filed Form PF utilizing NorthPoint’s services.

“NorthPoint clearly knows the Form PF and regulatory space and their technology and subject matter expertise was integral to successfully meeting our requirements. The NorthPoint team, which included a project manager, business analyst and technical experts, provided invaluable guidance to ensure that the filing was prepared and submitted on time,” explained Steven Russell, Westport Capital Partners' Chief Administrative Officer. “With a flexible tool like NorthPoint Form PF, we were able to quickly ramp up and automate many of the filing processes and reduce the effort by countless hours – allowing us to concentrate on our core business requirements. The solution also allowed us to create a fully auditable and repeatable process for future filings. ”

The NorthPoint Form PF / Regulatory Solution is an enterprise application and data repository assisting investment advisors with their Form PF filings and providing them with:

Easy-to-use data management tools to collect, classify, and aggregate varied sources of data required for the filing
A rich user interface that provides tools and reports to review, audit and sign-off on reporting instructions based on the fund's unique reporting elections and prevents unnecessary overrides and repetition
An intuitive dashboard that shows the status of each section and the overall progress of the filing preparation
Filing tools to prepare and submit Form PF, within the application, with all collected information stored to provide audit trails of reported numbers

“We were very pleased to partner with Westport and provide assistance to file Form PF. We worked closely with Westport to help them understand the big picture requirements and navigate step-by-step through this operationally challenging process - right from data collection to electronic submissions,” said Dileep Bhat, NorthPoint Senior Manager.

“Our investment management clients recognize that with help they can be better prepared for regulatory reporting demands including Form PF, CPO PQR, and AIFMD. With a little planning, the process can be successful and bring long-term benefits,” continued Bhat.

About Westport Capital Partners, LLC

Westport Capital Partners LLC is a real estate investment firm specializing in the opportunistic real estate arena. Westport provides domestic and international investment opportunities to institutional and private clients. Through its various funds, the firm invests in a wide variety of distressed and opportunistic real estate assets. The firm has offices in Los Angeles, CA and Wilton, CT.

About NorthPoint®

NorthPoint Financial is a leading provider of software and services focused exclusively on the Financial Services Markets. Our solutions include Trade Order Management, Compliance, Portfolio and Risk Management, Form PF, Securities Master, and Data Warehouse. Each solution is customizable and is designed to improve business processes by streamlining workflows and improving automation. Our team’s deep understanding of diverse investment strategies, operational workflows and technology allows us to provide our clients with optimal solutions. Our consulting services include Strategic Advisory, Product Selection, Project Management, Business Analysis, System Architecture, Custom Software Development, and Systems Integration.

For more information, please visit www.northps.com and or call us at 212.819.1700 for lessons learned.

Media Contact: Shruti Shah, Head of Marketing
Phone: 212.819.1700
Email: sshah@northps.com