CDO Software wins first client

10 January 2008

CDO Software, a firm that provides management tools for CDO investors and managers, has confirmed that it has its first client on board.

Stamford-based Aladdin Capital is using the firm’s product for its synthetic CDO portfolios as well as for its newly launched credit derivative products company, triple A rated Aladdin Financial Products.

Sunay Shah, co-founder of the firm, says that Aladdin is typical of the specialist synthetic clients that CDO Software prefers to do business with. “It is our strategy to work with leading CDO managers and investors,” he says. “Aladdin has helped us to enhance our product offering so that we can provide key functionality for managing synthetic CDO deals.”

Michael Peterson