Fulcrum calculates the entire net-asset value (NAV) of its hedge fund clients every month and has been sourcing new tools to price increasingly complex instruments.
"There has been pressure from investors, regulators and audit firms to provide third-party independent pricing," says Tim Thornton, director of risk at Fulcrum in London.
"This is a fast-developing industry and it's always a challenge to keep ahead of the curve in being able to price new instruments."
The fund administrator was
BlockRe’s Raymond Zenkich joins to talk about the challenges of offering insurance products for bitcoin and other cryptocurrencies.Subscribe to Weekly Wrap emails