|
|
|
New program helps with automation and regulatory reform.
BNP Paribas has announced the launch of a new program for its hedge fund and fund-of-hedge-funds administration services.
The program will introduce added reporting functionality in line with regulatory reform, and is targeted at both UCITS and offshore funds. Along with more powerful reporting tools, the platform also includes counterparty and asset exposure risk management, and automatic processing of OTC instruments, with collateral management, valuation and asset protection structures. The new functionality is built on top of existing risk management, performance measurement and fund accounting capabilities.
"As the hedge fund industry becomes more institutional-investor focused, hedge fund managers' administration requirements will continue to evolve," says Chris Adams, head of hedge fund solutions at BNP Paribas. "This investment program, now live, was conceived specifically to meet these requirements by taking a more menu-driven approach - helping managers launch funds quickly, measure counterparty exposure and exert greater control."
More from Buy Side Technology
Related Articles
Latest Media
Events
Updating your subscription status 
Subscribe to WatersTechnology
WatersTechnology has been designed with our end-users in mind so now you can pick and choose what content you wish to subscribe to and make considerable savings.
Visit our subscribe page now to see which WatersTechnology subscription package suits you.
Events
Training
Email Alerts
Latest Whitepapers
New regulations such as Basel III are changing trading and risk practices by rewarding banks that actively manage their risk exposure at an enterprise...
Supporting multiple securities identifiers imposes an operational burden that adds cost and latency to critical trading processes. Bloomberg’s recently...
Visitor comments Add your comment