Software Solutions

Advent Software, Inc has acquired Syncova Solutions Limited, a privately held UK-based company that provides margin management and financing software to hedge funds and prime brokers. Under the terms of the agreement, Advent has acquired all of the outstanding capital stock of Syncova for an undisclosed amount. »

The Duet Commodities Fund has selected Imagine Software's ASP service for risk and portfolio management. The fund is part of the global alternative asset manager, Duet Group, which has over USD2.4 billion of equity under management. »

Deutsche Bank’s Global Prime Finance business has launched GlobalPrime Mobile, a Prime Services mobile application for the iPad and iPhone. »

AIS Fund Administration has launched AIS IR Manager, a secure document management and investor relations web portal designed expressly for the firm’s hedge fund clients. »

A study by Advent Software suggests that a research management solution can save investment firms around 40 per cent in labour costs associated with inefficient and often futile information searching. »

Northern Trust has integrated BarraOne with its operations platform to strengthen predictive risk analytics and reporting across asset classes, including derivatives. »

SGGG Portfolio Systems, a provider of technology to small and mid-sized hedge funds, has built the first appliance specifically for hedge fund managers. »

MSCI has launched Barra Portfolio Manager, a series of equity portfolio management tools for institutional investors. »

Multifonds, a provider of single platform multi-jurisdictional investment fund software, has released the latest version of Multifonds Transfer Agent, v3.60. »

PerTrac, a provider of analytic, reporting and communications software for investment professionals, says 20 firms have selected PerTrac RiskPlus as their solution of choice for examining and reporting on risk exposure across their portfolios.  »