Sydney-based Merlon Capital Partners is now using SimCorp Dimension's Front Office suite after a two-month deployment, extending a relationship first established in 2010.
The boutique Australian buy side with $1.49 billion under management will use SimCorp's Asset Manager, Compliance Manager, and Order Manager to provide real-time information access for its investment operations team, and full integration with trading counterparties.
“The embedded broker algorithms streamline trade execution processes, saving us a significant amount of time on a daily basis, and most importantly, reduce operational risk,” says Andrew Fraser, principal. “Embedding broker algorithms in the OMS and integrating with trade analytics software further enhances the product offering. Looking forward, having access to the relevant trading platforms allows us to take advantage of market opportunities.”
“SimCorp’s Order Manager, with its FIX connectivity, allows for trades to be sent within minutes of market close, regardless of volume,” adds Fraser. “We can act immediately on announcements in the market, as the market data repository instantly updates our portfolio’s cash and holdings with minimal latency.”
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