Liquid Holdings Group has released version 3.5 of its cloud-based hedge fund platform, Liquid.
“We purpose-built the Liquid platform for hedge funds. Our commitment to cloud computing since our inception allows us to quickly meet our clients’ business requirements, while reducing their costs, burdens and risks. Leveraging the cloud to provide hedge fund managers with institutional quality trading, risk management, reporting, shadow accounting and managed services in a single platform is a game changer,” says Liquid chief executive Brian Storms.
Version 3.5 includes functional upgrades, primarily across its low latent OEMS, which combines the extensive functionality of a high scale order management system with the speed, trading tools, workflow and intuitive design of an execution management system. Highlights include:
• Continued expansion of destination and broker neutral order routing
• Post trade allocation engine
• Strategy tagging by order / execution / position for reporting
• Order router and pre-trade compliance engine optimisations
“These enhancements demonstrate our commitment to continually expand our capabilities to accommodate the needs of our growing list of hedge fund and active trading market clients,” Storms adds. “This release continues to set the stage for even greater functional enhancements across the platform as we simultaneously expand our scale and simplify our activation process, which enables us to get clients live and trading in a matter of days. Everything we do is focused on creating the most robust and complete environment to help our clients thrive.”
Liquid serves a growing number of hedge fund clients with a platform that address the front, middle and back office. By partnering with Liquid, emerging hedge funds are able to implement a single solution without the typical implementation and vendor drag associated with software purchases. Existing hedge funds and active traders are able to replace multiple legacy software systems and realise cost savings and operational efficiencies due to Liquid’s SaaS delivery model and outsourced managed services such as disaster recovery, corporate actions and security master maintenance.