OQ Funds Management deploys TORA's hedge fund tech
OQ Fund Management has deployed TORA's OEMS software & functionality. The global trading platform for hedge funds & asset managers is known for its multi-asset, multi-region & unrivalled interoperability with other systems.
TORA’s OEMS was one of the first to launch 13 years ago, and delivers advanced functions for portfolio rebalancing, pre-trade and post-trade TCA to improve execution quality combined with strong post-trade allocations and commission management tools.
Nick Bird CEO & CIO, OQ Funds Management, says: “I needed a system that was going to be able to continuously monitor high levels of information, provide analytics and deliver quick results with low latency.”
Chris Jenkins, Managing Director at TORA, says: “We are delighted to have OQ Fund Management onboard. We thoroughly enjoyed working with him at Macquarie Bank and are looking forward to growing with OQ over the upcoming year with a company that is bound to scale substantially.”
OQ Funds Management delivers robust quant methodology targeting market anomalies. The fund makes use of tried and tested non-systematic overlay in order to maximise alpha and mitigate risk. Whilst offering liquidity, transparency, market neutrality and an optimal capacity limit.
TORA OEMS has an easy configurable functionality and on-the-ground support for fund trading activities. The system is multi-asset, multi-region, compliant with MIFID II, provides detailed reports & analytics and has a broker-neutral pairs application.