Software Solutions

Holland Park Risk Management, a risk management adviser to pension fund managers in the US and Canada, has signed a three-year contract for Algo Risk Service, Algorithmics’ outsourced risk management and portfolio construction service. »

SEI is collaborating with long-standing partner RiskMetrics Group to provide its clients with independent risk management and reporting services that will integrate directly into the company’s flexible Manager Dashboard tool. »

BNY Mellon Alternative Investment Services has launched a service that independently validates a hedge fund’s position records to third parties and verifies the pricing of that fund’s securities.  »

Gravitas, a technology solutions provider and business consultant to the alternative investment and financial services industries, has released the first suite of cloud services designed exclusively for alternative asset management firms. »

Sybase, a provider of enterprise and mobile software, and Siag Risk Management, a provider of investment portfolio risk management solutions, have formed a partnership to provide financial institutions with real time, on demand and intra-day visibility of investment portfolio risk. »

List Group, the electronic trading provider behind 15 of Europe’s electronic markets, has launched its standard alone grid computing platform, FMR Grid. »

Concept Capital, an institutional broker and total solutions provider to the investment management industry, has partnered with SAS, a provider of business analytics software and services. »

Northern Trust has launched a set of compliance monitoring capabilities that will enable clients to monitor their investments in real time according to their own investment guideline criteria. »

ABC Quant has released Quant Suite 2009, an analytic platform offering solutions for hedge fund risk assessment and portfolio construction. »

Advent Software has entered into an agreement with Virtus Partners to integrate Geneva, its portfolio management and fund accounting solution, with Virtus’ bank loan data offering.  »