Stewart Eisenhart
Follow Stewart
Articles by Stewart Eisenhart
Immediate risks, distant rewards
Research from Greenwich Associates and Omgeo published in February examines more pro-active hedge fund approaches to risk management aimed at dealing with counterparty risk and investor demand. Meanwhile, studies from Tabb Group and Celent Communications…
Advent upgrades Geneva and APX applications
Advent Software has launched upgrades to its Geneva back-office platform and Advent Portfolio Exchange (APX), the San Francisco-based vendor's portfolio management product, as part of a year-long initiative to roll-out enhancements to its entire suite.
A rude awakening
Many aspects of buy-side technology and operations have had to grow up fast following the collapse of Lehman Brothers. Collateral management, for many firms a low-priority function entrusted to Excel spreadsheets before the credit crunch, is the stand…
SunGard to use StreamBase CEP for product development
Units of financial technology juggernaut SunGard are to use StreamBase Systems' complex event processing (CEP) platform for various product and infrastructure development projects to improve delivery to end users.
Hedge fund fault lines
Currency speculators and their benefactors in the financial industry have been getting what they would call a 'bum rap' lately following the Greek debt crisis. But bad press may prove a mere tip of the iceberg if recent sabre-rattling by certain European…
Pension power plays
In early 2009, House Call noted that $200 billion pension fund manager California Public Employees' Retirement System (CalPERS), the largest in the US, announced intentions to get tough with hedge fund managers seeking its capital, requiring more…
GlobeOp offers Linedata ASP to long-short clients
GlobeOp Financial Services, the hedge fund administrator with $106 billion in client assets under administration, has rolled out a hosted version of Linedata Services' LongView Trading order management system fully integrated with its middle- and back…
Odyssey rolls out on-boarding tool to global client base
Private banking and wealth-management software developer Odyssey Financial Technologies has made its Client On-boarding & Maintenance application for more efficient and automated account opening available worldwide.
Many moving parts
The number of compliance issues facing the buy side has little precedent in recent history, just as managers are grappling with shifting market and risk conditions in a post-recession world. The way forward is no less challenging – the obstacle is not…
Revised GIPS standards focus on pricing and risk management
The CFA Institute, the Virginia-based investment industry group, has rolled out a new version of its Global Investment Performance Standards (GIPS) emphasising stronger valuation and risk management practices.
Prop trading: RIP?
Once when I was 16, about six months after I started driving to school and work, my heavy foot got me two speeding tickets within 24 hours. A major component of the parental wrath incurred was the loss of my car keys for a fortnight. The thrill (and…
Stralem live on Advent's APX platform
Stralem & Company, a New York-based investment manager with $2.2 billion under management, has implemented the performance analytics capabilities of Advent Software's Advent Portfolio Exchange (APX) platform to better compare its portfolios internally…
Buy-side risk projects set to increase in 2010
Following mounting evidence that risk management processes in the traditional asset management and hedge fund industries proved alarmingly inadequate in the midst of the global credit crisis, investment managers are now intending to beef-up risk…
Buy-side compliance and risk functions to align more closely
Compliance and risk operations at some investment management firms appear likely to integrate more closely - or in some instances may even combine outright - over the course of 2010, according to projections by financial technology consultancy Aite Group.