MFG Capital Partners, a Fund of Fund Manager has upgraded to the ASP version of the Asset+ Portfolio Management System from DBFS. The system provides a complete solution for MFG from investor profiling and reporting through to a fully functional Portfolio Management System with built in General Ledger. An optional Research and Analysis module completes the package enabling fund managers to monitor sub funds and to stress test their portfolio.
'We are delighted with Asset +. In terms of the operational control environment around the Fund of Fund business, it places us in the forefront. The DBFS team really understand our business which greatly enhanced the speed of implementation and data migration." said Fred Dubignon; MFG's Investment Director.
"DBFS have invested heavily in converting Asset+ onto the latest ASP.net architectures" says James Clarke of DBFS, "We expect the ASP service will be of particular interest to start-ups and small to mid funds enabling portfolio managers to have access to their portfolio and risk positions wherever there is an internet connection."
Thursday, 31 January 2008
Charles River in Japan Expansion
Charles River Development, (Charles River), an award-winning provider of financial software and services to the global investment management community, and Omgeo, a leading provider of post-execution trade management services, have expanded efforts to provide mutual clients in Japan with a full front- to back-office straight-through processing (STP) solution to automate processing of domestic and international trades, including settlement of Japanese equities. Japanese investment firms can leverage the Charles River Investment Management System (Charles River IMS) for global electronic trading via FIX (Financial Information eXchange) via the secure and private Charles River FIX Network. They can also link directly from Charles River IMS to Omgeo’s suite of products, including its Omgeo Central Trade Manager (Omgeo CTM), for trade matching
"We are expanding our regional presence and enhancing partner relationships to accommodate growing demand in Japan for Charles River’s products and services," said Cameron Field, Managing Director-Asia Pacific, Charles River Development. "As a member of Charles River’s Partner Integration Certification Program, Omgeo has a joint commitment with Charles River, which we are strengthening, to support mutual clients in Japan with integrated and seamless real-time trade matching."
Charles River was the first vendor to link directly to Omgeo CTM, and offers interfaces to Omgeo’s Oasys Global and Trade Match products through its Charles River Post-Trade module. Nearly 20 clients worldwide, including several in Japan, use Charles River IMS to link directly to Omgeo CTM. Charles River serves 18 clients in Japan, including three of country’s leading investment firms, who use Charles River IMS for domestic and international portfolio management, trading and compliance.
"Japan is an extremely important market for Omgeo. We are committed to helping clients achieve the efficiencies of true STP by partnering with leading service providers such as Charles River in the region," said David Estrada, Representative Director, Omgeo. "We have had a very close working relationship for many years, and we are excited to help our mutual clients go from strength to strength in their trade processing capabilities."
"We are expanding our regional presence and enhancing partner relationships to accommodate growing demand in Japan for Charles River’s products and services," said Cameron Field, Managing Director-Asia Pacific, Charles River Development. "As a member of Charles River’s Partner Integration Certification Program, Omgeo has a joint commitment with Charles River, which we are strengthening, to support mutual clients in Japan with integrated and seamless real-time trade matching."
Charles River was the first vendor to link directly to Omgeo CTM, and offers interfaces to Omgeo’s Oasys Global and Trade Match products through its Charles River Post-Trade module. Nearly 20 clients worldwide, including several in Japan, use Charles River IMS to link directly to Omgeo CTM. Charles River serves 18 clients in Japan, including three of country’s leading investment firms, who use Charles River IMS for domestic and international portfolio management, trading and compliance.
"Japan is an extremely important market for Omgeo. We are committed to helping clients achieve the efficiencies of true STP by partnering with leading service providers such as Charles River in the region," said David Estrada, Representative Director, Omgeo. "We have had a very close working relationship for many years, and we are excited to help our mutual clients go from strength to strength in their trade processing capabilities."
Tuesday, 29 January 2008
BlueBay Implements Misys Lending
BlueBay Asset Management plc, a manager of fixed income credit funds and products in Europe, has enhanced its loan market operations with a best of breed commercial lending system from Misys (FTSE: MSY.L), the global software and solutions company.
The full implementation of Misys Loan IQ software has been completed at the firm's headquarters in London, enhancing back office performance and meeting the needs of the buy-side firm's rapidly expanding loan book. Furthermore, Misys has worked with BlueBay to replace manual processes and boost automation within its loans operations. The new solution has been integrated with SunGard's specialist investment accounting package, Invest 1, in the front office so that each loan related event which is captured into Loan IQ is reflected in the books and records of the portfolio accounting system.
Misys Loan IQ is a comprehensive lending solution that covers the entire lifecycle of a loan - from origination and deal tracking to administration and record maintenance. BlueBay will utilise Misys Loan IQ's proven modules for agency servicing and portfolio management among others to realise processing efficiencies in the back office and increase its presence in the primary loan market.
Simon Lumsdon, Head of IT at BlueBay, comments: "The implementation of Loan IQ fulfills our need for a system based solution that allows us to grow our loans business in a scalable and controlled manner. Loan IQ has been integrated into our systems architecture using a real time event based messaging solution that fully reflects the loans into our portfolio accounting system without manual duplication. This has allowed us to fully integrate management of the loan product together with the wide range of asset classes that we trade in, something which provides control and scalability to the operational management of this product.
"The speed at which Misys Loan IQ has been deployed also means we have been able to quickly develop our services whilst keeping the highest standards in compliance and reporting. Misys has shown commitment to working with us during this complex integration project."
Bluebay's adoption of Misys Loan IQ represents Misys' continuing expansion into the buy side.
Keith Stonell, MD EMEA, Misys Treasury & Capital Markets comments: "Expanding markets and changing legislation have encouraged the provision of larger loans, increasing levels of syndication and multi-currency requirements. There has been a noticeable increase in hedge funds getting into lending markets, and buying the loan books of sell-side institutions and we are leveraging our experience in the sell-side to serve buy side firms with increasingly sophisticated needs."
The full implementation of Misys Loan IQ software has been completed at the firm's headquarters in London, enhancing back office performance and meeting the needs of the buy-side firm's rapidly expanding loan book. Furthermore, Misys has worked with BlueBay to replace manual processes and boost automation within its loans operations. The new solution has been integrated with SunGard's specialist investment accounting package, Invest 1, in the front office so that each loan related event which is captured into Loan IQ is reflected in the books and records of the portfolio accounting system.
Misys Loan IQ is a comprehensive lending solution that covers the entire lifecycle of a loan - from origination and deal tracking to administration and record maintenance. BlueBay will utilise Misys Loan IQ's proven modules for agency servicing and portfolio management among others to realise processing efficiencies in the back office and increase its presence in the primary loan market.
Simon Lumsdon, Head of IT at BlueBay, comments: "The implementation of Loan IQ fulfills our need for a system based solution that allows us to grow our loans business in a scalable and controlled manner. Loan IQ has been integrated into our systems architecture using a real time event based messaging solution that fully reflects the loans into our portfolio accounting system without manual duplication. This has allowed us to fully integrate management of the loan product together with the wide range of asset classes that we trade in, something which provides control and scalability to the operational management of this product.
"The speed at which Misys Loan IQ has been deployed also means we have been able to quickly develop our services whilst keeping the highest standards in compliance and reporting. Misys has shown commitment to working with us during this complex integration project."
Bluebay's adoption of Misys Loan IQ represents Misys' continuing expansion into the buy side.
Keith Stonell, MD EMEA, Misys Treasury & Capital Markets comments: "Expanding markets and changing legislation have encouraged the provision of larger loans, increasing levels of syndication and multi-currency requirements. There has been a noticeable increase in hedge funds getting into lending markets, and buying the loan books of sell-side institutions and we are leveraging our experience in the sell-side to serve buy side firms with increasingly sophisticated needs."
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