New software for alternative asset managers, delivered as a hosted service.
SunGard has announced the launch of Hedge 360, a product which covers the trade lifecycle, specifically targeted at hedge funds and alternative asset managers.
The software incorporates portfolio management, risk management, accounting and reporting, as well as coverage of convertible strategies and independent valuation. Heavily componentized, Hedge 360 is delivered on a software-as-a-service (SaaS) basis, allowing clients to select the functionality they require, and with out-of-the-box interfacing to various order and execution management systems, prime brokers and administrators.
"Regulators, customers, shareholders and boards of directors are all demanding greater transparency, disclosure and better reporting from their asset managers," says Dushyant Shahrawat, senior research director at CEB TowerGroup. "But meeting these requirements globally in today's economy is a challenge for many asset managers due to cost pressures, limited skill sets and lack of IT and operational resources. An integrated, cloud-based solution can help alleviate some of these pain points, by delivering a cost effective service that helps asset managers customize their IT and reporting requirements and still take on investment complexity."
James and Anthony talk about the looming Sibos event in Toronto and take a look at some recent M&A activity and blockchain developments in the capital markets.Subscribe to Weekly Wrap emails