Hedge Funds

Hedge Funds have traditionally relied upon their Prime Broker to manage their securities and cash financing activities. However, recent market events and the shift to multi-prime relationships means that hedge funds must take a much more proactive role in the financing of their portfolios and managing collateralized relationships.

Feature Highlights

• Multi-fund and multi-PB/custody position management
• Automation of borrow/return orders and tracking
• Management of margin calls
• Tracking NAV and leverage ratios
• Utilization of excess assets to generate cash
• Cash sweeps and FX Swaps to reduce funding costs
• Real-time credit exposure calculation
• Automated credit limit, liquidity, leverage ratio, short sale and concentration alerts
• Securities Borrowing and Tri-party/Bilateral Repo transaction management
• Securities and cash settlement processing capabilities
• Full position, transaction and stock borrow audit
• Advanced real-time system and reference data interfacing capabilities
• Advanced analytics for improving business intelligence
• Automated reconciliations with Prime Brokers and internal systems
• Automated downloads of Reg SHO and short sale restriction data
• Full auditing of stock borrow locates

Key Benefits

• Diversification of financing capabilities
• Reduction of counterparty credit risk
• Reduced financing costs through proactive financing
• Reduced stock borrow recall risks through relationship diversification
• Improved financing productivity and accuracy
• Reduced compliance overheads and risks
• Consolidation of data into a single application