Backstop Solutions Group, provider of a cloud-based productivity suite for institutional and alternative investors, has acquired ProTrak International, a provider of a client relationship management (CRM) solution tailored specifically to the needs of asset managers.
Technology & software solutions
Broadridge integrates FundApps’ automated compliance solution into portfolio and order management capabilities
Broadridge Financial Solutions has integrated global RegTech provider FundApps’ regulatory compliance technology with its buy-side portfolio and order management solution.
SteelEye, a compliance technology and data analytics firm, says it has completely revolutionised market abuse and communications monitoring with its innovative new lexicon technology.
Global multi-strategy hedge fund Schonfeld Strategic Advisors has selected Behavox to integrate data from encrypted global communications applications such as WhatsApp and WeChat into its compliance surveillance programme.
Hedge Invest: Best Liquid Alternative Fund – Credit Hedge – As the market environment is expected to become more volatile, asset managers who can rely on truly absolute return strategies and deep fundamental analysis should outperform.
Options Technology, a provider of cloud-enabled managed services to the global capital markets and a long-term Murex partner, is delivering MX.3 through its enterprise-grade SaaS-enabled Managed Apps platform.
Options: Best Managed Services Provider – Cybersecurity continues to top the list of challenges the hedge fund industry is facing and the key to tackling it is being prepared and ready to react. Transparent and frequent communication is also more important than ever.
SS&C Advent: Best Managed Accounts Technology Provider – As the global asset and fund management markets grow, so do their operational challenges.
Edge Technology Group: Best Cloud Services Provider – Flexible working is likely to be part of the “new normal” as the past year demonstrated the power of the cloud and the benefits enjoyed by firms with a robust digital platform. As managers significantly increased their use of unified communications and collaboration tools, service providers are seeking to better meet their needs in this regard.
SS&C Eze: Best Cloud Based Technology & Best Portfolio Management Software – Complex and volatile market conditions put pressure on the technology tools available to hedge fund managers, especially in the front and middle office. Remote work has heightened cybersecurity and risk management concerns. Additionally, a challenging fundraising environment and complex investor demands drive the need for technology partners to provide a secure and robust infrastructure. Technology vendors like SS&C are rising to the challenge.