Solutions
According to consultancy firm MackayWilliams, the quality of fund reporting is the third most important criterion when selecting a fund manager, after risk management and the quality of the fund management team.
Citing survey results provided by Fund Buyer Focus, 10.7 per cent of a pool of 999 fund selectors highlighted the importance of reporting, suggesting that fund managers who have the technology in place to deliver fast, accurate reports are going to be best placed, going forward, to attract institutional assets.
STP reporting
"The hedge fund community is still limited in terms of the amount of reporting it faces
CME Group and CloudMargin have collaborated to offer CME Clearing and CME Clearing Europe customers the first cloud-based software service that integrates and automates the management of collateral in one place.
This allows market participants access to a consolidated view across their complete collateral inventory that they can utilise for both cleared and non-cleared derivatives transactions at any given time.
"We are excited to announce CME Group's collaboration with CloudMargin. The cloud-based collateral management service will be of particular relevance for market participants who want to fulfill all of their operational and regulatory requirements efficiently," says Sunil Cutinho, President, CME
CME Group Executive Chairman and President Terry Duffy and Chief Financial Officer John Pietrowicz will present at the Sandler O'Neill 2016 Global Exchange and Brokerage Conference in New York, on Thursday, 9 June at 3:00 pm Eastern Time.
The presentations will be broadcast live over the Internet, while an audio Webcast will be available for replay approximately 24 hours following the conclusion of the conference.
Are you looking to set up an alternative investment fund? If so, then Hedgeweek’s “Setting up an Alternative Fund in Europe” will give you access to world class experts providing advice on how to navigate this challenging path.
This one-day forum is designed to help aspiring fund managers understand each of the critical steps involved in successfully bringing an alternative fund to market.
Getting the planning right at the pre-launch phase can potentially make the difference between success and costly failure.
This is a unique opportunity to get access to industry experts covering all the facets of setting up a
Mesirow Financial, an independent diversified financial services firm, has gone live on Clarient Entity Hub, a utility-based service designed to simplify client data and document management.
Mesirow adopted Clarient Entity Hub to automate non-core, manual Know Your Customer (KYC) processes, while lowering operational burdens, further improving their client on-boarding processes and driving increased buy-side client satisfaction. The firm plans to leverage Clarient Entity Hub as their primary KYC and on-boarding solution across all US branches and locations.
An industry-owned and governed utility, Clarient Entity Hub removes costs and risks associated with the bilateral exchange of client entity data and
Over the last decade the approach to running a hedge fund’s operations has changed markedly, thanks largely to improvements in technology.
Ten or fifteen years ago, the perception among hedge fund managers – when launching their hedge fund – was that they needed a large IT infrastructure in place, which typically involved buying a substantial portfolio accounting system. In their eyes, this was the infrastructure that institutional investors expected to see as it served as a signal of the manager’s intent and reflected their commitment to growing and supporting the business. Since then, the vast majority of funds have also
HW: What are the core services that Invast offers to financial clients?
GW: Invast is a global, multi-asset Prime Services provider. We provide credit intermediation, access to liquidity (both OTC and exchange), sophisticated trading platforms/ API connectivity options, administrative/back office tools and services, and an experienced Prime Services team to support clients globally. We complement these services with high quality global equity, FX and commodity research.
We focus on being responsive and flexible. That is definitely our niche. We are squarely aimed at meeting the needs of small and medium-sized hedge funds that are being overlooked by the large Tier
FactSet Research Systems is to sell its market research business focused on advisor-sold investments and insurance, consisting of Market Metrics and Matrix Solutions, to Asset International, a portfolio company of Genstar Capital.
The total purchase price is approximately USD165 million, subject to certain working capital adjustments, with an additional earn-out of USD10 million based on the achievement of certain growth targets over the next two years.
“This transaction is consistent with our long-term strategic direction and our commitment to delivering value to our shareholders,” says Phil Snow, Chief Executive Officer of FactSet. “We appreciate the efforts of the dedicated employees
Choosing the best prime broker to support the strategy is vital, but will depend on the manager. A portfolio manager spinning out of a hedge fund with an established track record and experience in running a pot of capital, will likely want to appoint a tier one prime broker: the likes of Goldman Sachs, Morgan Stanley; especially if they are launching with significant AUM. They may, however, look to others as an alternate, or second, prime to mitigate risk and to provide certain outsourced services.
A true start-up, however, will likely be launching with limited capital and is going to
By Bob Guilbert – You're a new fund manager, and somewhere on your task list the letters "IT" are probably followed by a question mark. Odds are, you don't have a technology background, so as your firm's Chief Operating/Financial/Compliance Officer (or in some cases, Portfolio Manager), the sudden responsibility you've undertaken as your firm's de facto IT Manager is intimidating at best.
The good news is, as a startup, your IT options are pretty clear. In 2016, there's no better technology decision a new firm can make than selecting a cloud platform – an infrastructure that has proven benefits including
