Alogrithmics has signed Optima Fund Management for its new US hedge fund reporting service, Algo Risk Reports. The solution provides pre-configured, static reports for regulatory, investor and internal stakeholders. Optima will use it for UCITS reporting.
"Algorithmics' reporting service addressed our needs to meet UCITS regulations in Europe, as well as providing Algorithmics' analytics for our own investment reporting in a cost-effective manner," says Geoffery Lewis, CFO at Optima. "Following a rapid implementation we are now in a position to pursue opportunities in the European retail market."
Algorithmics says that it is gearing the solution toward hedge funds who have chosen to buy portions of their risk management systems rather than build the systems in-house.
More from Buy Side Technology
Updating your subscription status
Work with us on your Integrated Marketing Campaigns
WatersTechnology offers a full range of custom research, surveys, webcasts, video and whitepapers for firms looking to demonstrate thought-leadership through their marketing campaigns and generate sales leads.
03 Nov 2014
18 Nov 2014
08 Dec 2014
20 Oct 2014
03 Nov 2014
The over-the-counter (OTC) derivatives market is in the midst of a global regulatory restructure. Authorities in Europe, Asia and the US are currently...
A fast, flexible and reliable investment decision-making process must be based on access to accurate and consistent information throughout an organization....