MIK’s need for more office space reflects the significant growth the firm is experiencing. The announcement is the fourth in a series of growth announcements. Recently MIK announced the opening of support offices in Boston and Shanghai, and announced a client acquisition of Haifeng Technology Co., Ltd. These developments, as well as continued organic growth with current and new clients, resulted in an ongoing recruitment effort in sales, business analysts, and developers. The new office accommodates these efforts.

Over 65 multi-billion dollar hedge funds, fund of funds, and private equity funds rely on MIK for sophisticated software solutions for real-time PNL, Data Warehousing, Performance/Attribution, Compliance, Treasury Management, Security Master/Price Management, and Broker Relationship Management. Clients are assured that these applications are fully integrated with an advanced approach to the warehousing of the underlying source data (be it internal or external). The resulting tailored reporting gives managers of any asset class and strategy the ability to assess risk accurately and make informed trading and portfolio decisions that directly impact performance and productivity. As a result of this approach, the confidence that clients place daily in MIK has secured its place as the innovator and industry leader.

Fadi Kaddoura, CEO of MIK said: “The confidence our clients have placed in us, and the excellent delivery worldwide by the entire MIK team, has secured our reputation as the premier firm in advanced decision support software. This move is part of a managed plan for growth. Our expansions have always been prudent. Our new office provides our team and clients a working environment that reflects the substance of our products and the excellence of our personnel.”