UGS Launches FX Microstructure Technology Tool Designed for Fund Managers

RALEIGH, N.C., May 25, 2011 /PRNewswire/ -- Unified Global Solutions ("UGS") today announced the launch of a new microstructure technology platform (the "Platform") that for the first time enables investment managers to deploy foreign exchange, or "FX", microstructure trading algorithms believed to be previously only available through large proprietary trading desks.  

"Technology like ours, until now, has only been available to institutions in black box form," said Elliott Shifman, President of UGS.  "We believe our Platform levels the playing field for an investment manager, providing real-time analysis, transparency and full control," said Mr. Shifman, who is a former insurance industry executive, hedge fund principal, RIA principal and a Fellow of the Society of Actuaries.

"We have had significant interest from the marketplace in providing an FX microstructure platform that can be deployed in hours, not months, and carries no long term contract and no upfront fees," said Terry Swenson, Managing Director, Sales and Marketing at UGS.  

Mr. Shifman hired Swenson to the lead the sales and marketing effort for UGS.  "Terry is a 27 year veteran of the fund industry and brings a tremendous amount of industry knowledge to UGS," said Shifman.  Mr. Swenson joins UGS as Managing Director, Sales and Marketing from his previous position as Managing Director, Insurance and Sub Advisory for Morgan Stanley's Investment Management Division.

About UGS

UGS is a pioneer in the development and deployment of FX microstructure technology solutions in the FX marketplace.  UGS' technology allows managers to quickly deploy their Alpha generating FX solutions with full control and transparency.  UGS' website is located at www.unifiedglobalsolutions.com.

FX trading involves substantial risk of loss and may not be suitable for all investors.  The high degree of leverage available in FX trading may work for or against you.  Before investing in FX you should carefully consider your investment objective and risk tolerance.  Customers of UGS, LLC must qualify as Eligible Contract Participants ("ECP").  Only purchasers who meet the definition of an ECP as that term is defined under Section 1a (12) of the Commodity Exchange Act ("CEA"), may purchase the Platform.

Elliott Shifman is a registered representative of SummitAlliance Securities, LLC, a registered Broker-Dealer.  UGS, LLC is not owned nor affiliated with SummitAlliance Securities, LLC.

SOURCE Unified Global Solutions