US fund goes live with SunGard MicroHedge

Clarksdale Capital, a US-based event-driven hedge fund, has taken SunGard's MicroHedge on a Software-as-a-Service (SaaS) basis. The platform will provide real-time trading, pricing and firm-wide risk management across equities, indices and futures. According to SunGard, MicroHedge will allow Clarksdale Capital's traders to identify opportunities and high-priority positions on one screen, evaluate risk across entire portfolios, and execute trades. It will also enable the fund to meet time-to-