End-to-end solution from SS&C
09 October 2014 Windsor
Image: Shutterstock
SS&C Technologies has unveiled its new integrated front- to back-office platform for hedge funds.
The end-to-end platform features an order management system that includes trading and execution management tools, real time profit and loss, FIX connectivity and mobile app access to performance information.
The offering is a combination of SS&C GlobeOp鈥檚 middle- and back-office services with its front-office technology.
HITE Hedge Asset Management LCC recently went live with the solution and James Conant, chief financial and compliance officer for HITE, said: 鈥淲ith SS&C as our trusted administrator, it made sense to look to them to provide a fully integrated solution for us to build our business and not have to worry about managing multiple vendors.鈥�
鈥淭he breadth of investment management tools and the ability to call one number for support was compelling, along with their straight-forward business model that minimises costs down to our trading partners. The solution will provide us with the right platform to manage our capital and risk efficiency.鈥�
Bill Stone, chairman and CEO of SS&C Technologies, added: 鈥淲e are pleased to have HITE as our newest front- to 鈥揵ack-office hedge fund solution client.鈥�
鈥淭hey needed a turnkey comprehensive and reliable investment technology platform so they could execute their investment philosophy and focus on growing their business.鈥�
鈥淲ith our hosted integrated solution, we take care of the technology and operational expertise and HITE takes care of the investing.鈥�
The end-to-end platform features an order management system that includes trading and execution management tools, real time profit and loss, FIX connectivity and mobile app access to performance information.
The offering is a combination of SS&C GlobeOp鈥檚 middle- and back-office services with its front-office technology.
HITE Hedge Asset Management LCC recently went live with the solution and James Conant, chief financial and compliance officer for HITE, said: 鈥淲ith SS&C as our trusted administrator, it made sense to look to them to provide a fully integrated solution for us to build our business and not have to worry about managing multiple vendors.鈥�
鈥淭he breadth of investment management tools and the ability to call one number for support was compelling, along with their straight-forward business model that minimises costs down to our trading partners. The solution will provide us with the right platform to manage our capital and risk efficiency.鈥�
Bill Stone, chairman and CEO of SS&C Technologies, added: 鈥淲e are pleased to have HITE as our newest front- to 鈥揵ack-office hedge fund solution client.鈥�
鈥淭hey needed a turnkey comprehensive and reliable investment technology platform so they could execute their investment philosophy and focus on growing their business.鈥�
鈥淲ith our hosted integrated solution, we take care of the technology and operational expertise and HITE takes care of the investing.鈥�
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