Perfin Investimentos, a Brazilian equity hedge fund specialist with approximately R3.5 billion ($1.12 billion) under management, has tapped Eze Software Group for its Eze OMS, RealTick EMS, and Tradar PMS as it streamlines workflow across its investment operations.
Eze Software will build the firm’s connections to third-party providers locally and globally, while Perfin will partner in the implementation to leverage automation around portfolio modeling, pre-trade allocation management, pre- and post-trade compliance, third-party reconciliation, STP trade processing, and auditing.
The provider expects to complete all aspects of the OMS, PMS and EMS implementation in the second quarter of 2015.
“In tougher market times, we must review our operational efficiency. When the operational risks are minimized, we can focus on fund strategies. That’s what clients need: an engaged and efficient team, tenaciously working for better results,” says Maurizio Casalaspro, COO of Perfin Investimentos. “Eze Software’s high-touch client service team has proven to be an invaluable resource, and we appreciate their continued commitment to helping us reach our goals.”
The deal also reflects Eze Software's continued growth in South America, with 90 clients now using at least one of its products.
“Perfin Investimentos was looking for a robust and scalable investment management platform to control and support the unique workflows and the diversity of currently held asset classes, including equities, futures, derivatives, and cash,” adds Normando Fay, LatAm sales director for Eze Software Group. “They will benefit from front-to-back straight-through-processing and configurable compliance alerts and reports, which can be customized from thousands of analytics and system fields to help manage investor requirements.”
Eze completed enhanced improvements and integration of its OMS and RealTick EMS last year, though the systems remain separate.
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