Cosmos Technologies, the product division of Indus Valley Partners, has added Cosmos Price Master, to its middle office technology offering for the alternative investment industry.
Pricing a hedge fund portfolio often poses serious challenges to many hedge funds. Reliance on spreadsheets for pricing and a lack of an established workflow for price sourcing, arbitration and dissemination can present challenges for portfolio valuation. Hedge funds are now increasingly focusing on the pricing process as both investors and regulators put them under greater scrutiny.
As an enterprise-wide solution, Cosmos Price Master allows funds to gather prices from multiple sources, maintain these prices centrally and enable arbitration based on user-defined rules to ensure pricing consistency. Custom integration with any valuation vendor or internal valuation model makes the entire fund valuation process convenient as well as transparent.
Cosmos Price Master makes the entire pricing process standardised, transparent and fully auditable to support any regulatory requirement or demand from investors for pricing transparency.
“The need for a seamless cutting-edge pricing solution has been gaining ground as investors and regulators react to recent market turmoil. With Price Master, hedge funds will eliminate any concerns surrounding their pricing and valuation process.” says Gurvinder Singh (pictured), CEO of Cosmos Technologies/Indus Valley Partners. Elaborating on the new product, he added, “The addition of Price Master means that we now have a full suite of integrated products capable of supporting the middle office of any hedge fund client, regardless of size or strategy.”