NEW YORK--Salomon Smith Barney's equity prime brokerage unit has licensed Advent Software's Geneva system for portfolio accounting for its hedge fund clients. The system is being used to maintain the books and records for funds who use Salomon's prime brokerage unit as their primary execution agent, says Sal Campo, a managing director with the group.
Campo could not provide a precise count of the number of clients, portfolios or total assets that will be managed with the system, but he says t
James talks about his trip to Chicago and some of the interesting topics that came up (including a look at disaster recovery demands). Then Anthony and James touch on ISDA's initial margin rules, with Phase 3 going live next year.Subscribe to Weekly Wrap emails