EXENET, a provider of IT consulting, integration, and outsourcing services for law firms, alternative investment and wealth management companies, has announced a new Mergers & Acquisitions Technology Consulting and Integration Service for Hedge Funds.

EXENET will provide pre-merger consulting, including due diligence, and pre- and post-planning of integration projects. The services also include benchmarking of infrastructure performance before and after a merger, along with enterprise-class processes and procedures to maintain services at optimum levels for a combined entity.

During the merger process, EXENET undertakes data center moves and consolidation of IT assets, migrations of prime broker connections as well as support for market data, desktop systems, e-mail, and hand-held devices. EXENET also advises newly combined firms on managing IT, including the structuring of the IT department, economics of servicing a larger firm, and how to find synergistic savings.

“While mergers ensure financial viability for the combined entities, they present managers with new challenges, such as consolidation of disparate systems, connectivity across multiple locations, accommodating a larger user base, and merging of two IT organizations,” said Umit Cinali, EXENET CEO. “EXENET is bringing its significant technology mergers experience, gathered from its work with large legal and financial firms, to advise management on the most cost-effective approach to consolidating operations while mitigating technology risks.”