SS&C Technologies has launched an integrated front- to back-office technology platform for hedge funds.
The end-to-end offering features an order management system (OMS), including trading and execution management tools, real-time P&L, FIX connectivity, mobile app access to performance information, dedicated service and hosting facilities.
Long-term fund administration customer HITE Hedge Asset Management LLC recently went live with the integrated front- to back-office solution.
James Conant, chief financial and compliance officer, HITE Hedge Asset Management, says: “With SS&C as our trusted administrator, it made sense to look to them to provide a fully integrated solution for us to build our business and not have to worry about managing multiple vendors. The breadth of investment management tools and the ability to call one number for support was compelling, along with their straight-forward business model that minimises costs down to our trading partners. The solution will provide us with the right platform to manage our capital and risk efficiently.”
“We are pleased to have HITE as our newest front- to back-office hedge fund solution client. They needed a turnkey comprehensive and reliable investment technology platform so they could execute their investment philosophy and focus on growing their business,” says Bill Stone, chairman and chief executive officer, SS&C Technologies. “With our hosted integrated solution, we take care of the technology and operational expertise and HITE takes care of investing.”
