MIK Adds Treasury Functionality to Equity Finance Platform

MIK Fund Solutions has announced the addition of advanced treasury optimization capabilities to its equity finance product suite, aimed at hedge fund and asset managers.
With the update, MIK now gives a precise appraisal of short positions and cash balances, which in turn allows for fine tuning for optimal financing and margin rates with counterparties. Also included is MIK's foreign currency hedging tool, allowing for calculations of foreign exchange (FX) exposure at the portfolio and currency level.
"We have consistently used data as a means to increase alpha," says Marshall Saffer, COO at MIK. "For equity finance this meant the ability to use data in a comprehensive and integrated way. With Treasury Optimization we now enhance this capability to leverage margin and financing rates in real time as well as FX exposure, and thereby to reduce cost. So now, the relationships with brokers are driven as much by the clients' understanding of the ‘state of play' between brokers as they are by the services each separate broker delivers."
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Operations
Waters Wavelength
Waters Wavelength Podcast: Episode 226 (M&A and people)
On this episode of the Wavelength Podcast, Wei-Shen and Tony talk about the importance of communication when it comes to M&A activity within a company.
Subscribe to Weekly Wrap emails
Most read
- The curious case of Larry Fondren and DelphX
- Waters Wrap: Microsoft’s capital markets play (And Algorithmics thoughts)
- Itiviti’s Blueprint for Success—Investing in People and Products
- PanAgora’s CIO & head of sustainable investing explain firm’s ESG framework, best practices
- Bloomberg RHub fee hike reflects cost pressures of regulatory reporting industry