Linedata Global Hedge. Operational power in your hands

Transcription

1 Linedata Global Hedge Operational power in your hands

2 In the hedge fund market, the quest for Alpha continues The challenges you face are greater than ever. Increased investor requirements mean that robust, flexible systems from proven organizations are required to deliver transparency, automation and control. Regulations, too, continue to present a challenge as they are reviewed, clarified, updated. Your technology solutions must be able to adapt quickly to regulatory changes, new instrument types and altered workflows. With so many extra demands, overheads rise, margins are squeezed and finding Alpha is even harder. LINEDATA HAS OVER 15 YEARS OF EXPERIENCE IN DEALING WITH HEDGE FUNDS Our 200+ hedge fund clients, from some of the world s largest to recent start-ups, stand testament to our expertise, knowledge and commitment to this sector. Grow your business with a long-term partner Linedata is a global solutions provider dedicated to the investment management and credit community, with close to 1,000 employees in 15 offices across the globe. Linedata has been at the service of the financial industry from day one, and applies its market and client insight to provide innovative and flexible missioncritical software and services that help its clients grow in over 50 countries. As a pioneer for over 15 years with the set-up of SaaS infrastructure for the financial industry, Linedata remains committed to this model throughout the global financial community and for its full range of products.

3 Linedata Global Hedge comprehensive, modular, scalable AN OPEN AND FLEXIBLE PLATFORM Take only the elements you need. Add functionality as required. From trading to corporate actions to master-feeder structures We cover everything through our own platform and integrated solutions with recognized third party suppliers. Outstanding managed services From full hosting to expert hedge fund technology consulting, we can meet your individual needs. Driven by innovation Market and technology innovations come as standard. Our products have open APIs and intuitive front ends. We use the same technology shell for development across the board and focus on delivering solutions which are easy to use and to manage, enabling clients to do as much or as little work themselves as they wish. Investor-ready Proven solutions from an established provider with excellent credentials. LINEDATA GLOBAL HEDGE comprehensive functionality and extensive services

4 LINEDATA GLOBAL HEDGE MODULES Trading and Order Management 4-5 Portfolio Management and Middle Office 6-7 Pre and Post Trade Compliance 8-9 RISK ANALYTICS Investor Accounting Reporting SERVICES 16-17

5 Trading and Order Management EXPERIENCE SMARTER TRADING WITH LINEDATA GLOBAL HEDGE TRADING AND ORDER MANAGEMENT Trading Use our ground-breaking trading suite for multi-currency, multi-asset class, multi-strategy, multi-site support. Linedata Global Hedge Trading and Order Management delivers a clear, real-time view of market value, exposure and P&L, helping you to optimize your portfolio, make better-informed trading decision and get your orders to market faster. Our next generation trade blotter is fast and intuitive, streamlining the trading process and making available hundreds of trading destinations, for all electronically traded asset classes, across the globe. Providing pure broker neutrality, total cost of ownership is transparent and easy to assess. 4

6 Trading and Order Management Order Management Single trading platform Global asset coverage Pre-trade compliance Optimized workflows Portfolio modeling and execution Rebalancing: quick replication of investment strategies across different structures Advanced execution analysis to ensure best execution and trading strategies 400+ trading destinations including access to over 35 broker algo suites Outstanding data visualization and data management 5

7 Portfolio Management and Middle Office Gain total control of your portfolios with Linedata Global Hedge Portfolio Management PORTFOLIO MANAGEMENT We provide the tools to allow you to manage your positions and cash effectively whatever your investment style or strategy. Linedata Global Hedge Portfolio Management delivers a single, consolidated view of positions, P&L and exposures for your front, middle and back office, removing the need to reconcile spreadsheets and giving you the ability to accurately calculate your own daily NAV. With an intuitive, easy-touse interface, customizable dashboard and widgets, you can configure your workspace to suit your role and your requirements. 6

8 Portfolio Management and Middle Office Porfolio management Full historic position keeping with audit trail Flexible strategy hierarchy for detailed attribution of P&L with alerts Real-time reporting of positions, exposures and P&L Simple trade capture and management for both listed and OTC instruments Automatic trade transmission to prime brokers and custodians Automated download and processing for corporate actions and stock-loans Detailed cash management with full audit history of every trade Accurate financing and commission workflows for net P&L and cost analysis of strategies Automated reconciliation of holdings, cash and trades to third parties In depth, flexible historic P&L reporting and analysis Position valuation and NAV calculation Interfaces to best-of-breed performance attribution system providers User-customizable reporting tools 7

9 Pre and Post Trade Compliance Manage your investor and regulatory requirements WITH LINEDATA GLOBAL HEDGE COMPLIANCE COMPLIANCE Our enterprise compliance monitoring and breach management solution focuses on simplifying the complex business requirements of hedge funds, delivering comprehensive, fast, integrated compliance monitoring across all assets, markets and company locations within a single instance. The robust, real-time Linedata Global Hedge Compliance offers comprehensive pre- and post-trade monitoring of investment restrictions including client, firm, prospectus and regulatory mandates while meeting the most stringent audit trail requirements. Intuitive rule template building wizards provide non-technical business users with the ability to create and maintain their own restrictions. 8

10 Pre and Post Trade Compliance Regulatory, company-wide and client-directed restrictions, including UCITS rules Real-time pre-trade compliance monitoring Regional / market driven post-trade compliance monitoring Flexible and intuitive breach management workflow Multi-level pre-trade breach overrides Full breach, rule assignment and data audit trails Counterparty exposure monitoring Extensive rule template library Flexible rule template wizard allows user determined variables on assignment for any data item referenced within the rule Dynamic look-through capabilities on funds and derivatives Four eyes processing around rule changes and breach management Master / Feeder Fund of Fund support Benchmark / Model deviation As-Of Compliance (Store historical data and run post-trade investment compliance for any selected effective date) Additional services including Regulatory Disclosure Monitoring and AIFMD Reporting 9

11 RISK ANALYTICS INTEGRATE RISK ANALYTICS FOR TRUE RISK EVALUATION WITH LINEDATA GLOBAL HEDGE RISK SOLUTIONS INTERACTIVE RISK MONITORING Linedata Global Hedge has open APIs which enable integration with your chosen risk solution. What s more, Linedata has partnered with Riskdata to provide a range of services for Linedata Global Hedge clients, such as daily risk reporting, interactive risk monitoring and pre-trade risk simulation: "PLUG-AND-PLAY" DAILY RISK REPORTING: Riskdata s reporting module is seamlessly integrated into Linedata. Users can immediately access a daily risk reporting service. They can implement the most stringent risk-management and regulatory procedures without any additional integration or maintenance costs. INTERACTIVE RISK MONITORING: On a trade-by-trade basis, with no latency, risk officers and principals can monitor portfolio risk according to a broad range of metrics and interactively drill down risk concentrations by relevant classifiers. There is the ability to detect hot spots on time, even in highly turbulent markets. Problems can be rectified with just a few quick clicks. PRE-TRADE RISK SIMULATION: Portfolio managers can instantaneously evaluate the impact of new trades or strategies on their aggregated risk, accounting for all correlations and pay-offs, however sophisticated, and ensuring compliance with investment guidelines even under rapidly-changing market conditions. 10

12 RISK ANALYTICS RISK REPORTING Cross-asset class, encompassing a broad range of derivatives Broad range of risk indicators: Value-at-Risk, CVaR, stress tests, crisis simulation and greeks Monte-Carlo & Stress scenarios with full reevaluation Risk attributions across all relevant classifiers for each fund style Risk historization for back-testing What-if trade scenarios in a fraction of a second Risk reporting on UCITS and other regulatory directives 11

13 Investor Accounting DELIVER ACCURATE INVESTOR INFORMATION WITH LINEDATA GLOBAL HEDGE INVESTOR ACCOUNTING Investor Accounting You can easily manage all aspects of investor interaction, from capital activity and investor profiles, straight through to contact history with Linedata Global Hedge Investor Accounting. It includes investor allocations and performance fee functionality, meeting the demands of a complex, multi-tiered fund. 12

14 Investor Accounting ALLOCATIONS FUNCTIONALITY Fully automated multiple NAV and partnership calculations Allocates Income / Expense buckets Fund / Class / Partner level fees Master / Feeder and Tiered structures Allocations: - Top Down from Master to Feeders to Funds - Definable Allocation Basis - Currency Exchanges Partnerhip Allocations Series/Fund Class Allocations Special Allocations: - Side Pocket Allocations - Class Specific and New Issue Allocations Fees: - Fund / Class / Partner level fees - Asset, Performance and Fixed - Calculated at Each Level of the Structure - Flexible Reporting 13

15 Reporting WIN COMPETITIVE ADVANTAGE WITH LINEDATA GLOBAL HEDGE REPORTING Sample report Our brandable web-enabled reporting package delivers transparency, automation and satisfies the reporting requirements of the most exacting clients. Linedata Global Hedge Reporting has the power to create standardized or custom reports to suit your business, helping you distribute information and mitigate risk. There is advanced data capture capabilities and an easy to use drag and drop report designer. Completely integrated with the data and business logic in Linedata Global Hedge for accuracy and security, our reporting solution is designed to improve workflow and delivery capabilities, including a task scheduler to produce automated monthly reports. It streamlines your internal and client communications, giving you the competitive edge to differentiate your offering and grow your business. 14

16 Reporting On-line portal view Drag-and-drop report designer Out-of-the-box report templates available including preconfigured and extensible data libraries and customizable dashboard views Access and views permissioned by user Interactive data grids for real time sorting and grouping Graphing and charting features Event or time based generation and delivery Flexible delivery mechanisms (FTP, , network directory) Document browser to retrieve historic reports SLA tracking and data review workflow management Permissionable real-time alerting and notifications Web-interface enabling easy internal and external user access 15

17 SERVICES Linedata IS A CLIENT FOCUSED PARTNER OFFERING A WIDE RANGE OF OPTIONS TO OUR CLIENTS HOSTING Linedata has over 15 years of hosting experience and all the modules of Linedata Global Hedge are available as hosted or remotely managed as well as deployed. Hosting takes place in state-of-the-art SSAE 16 Level II / ISAE 4,302 data centers with disaster recovery, business continuity and a dedicated global operations team available 24x7. Regular product and hardware upgrades are included as part of the package. CONNECTIVITY MANAGEMENT Linedata Lynx provides all the connectivity services you need to trade globally with over 3,500 connections to over 400 FIX-enabled destinations, exchanges, trading portals, ECNs, algorithmic trading engines and ATSs. The Linedata Liquidity Alliance Program (LAP) provides seamless access to liquidity pools across all asset types, bringing multiple trading and liquidity destinations to our trading desktop from the top execution venues around the globe. 16

18 CUSTOMIZATION: WORKFLOW AND TECHNICAL CONSULTING Linedata Advisory Services comprises experts who understand the hedge fund world and your challenges. The comprehensive services include: Project management Database upgrades and migrations Best practices SERVICES Workflow analysis and creation Business unit and solution expansion Linedata Application Development Services delivers business solutions to clients around the globe from our extensive group of technology specialists. Our senior-level experience in multiple software engineering platforms includes:.net, MS SQL Server and more. GLOBAL SUPPORT Linedata provides the highest level of client service with follow-the-sun support Expert staff in local offices with multi-office support available Tiered support Fully automated client support system We also offer extensive training services from quick-start programs to custom-designed courses. COMPLIANCE AS A SERVICE Linedata experts help firms take advantage of streamlining workflows, reducing risk and improving performance through our Compliance as a Service offering. This service provides a low up-front cost, hosted solution for firms to obtain rule writing services and/or timely post-trade compliance reporting on their portfolios. 17

19 Post the implementation of our Linedata solution, we were able to reduce the time spent on, and increase the reliability of, trade notification processes, as this became largely automated. We have also achieved efficiencies in the areas of interface with our Custodian / Administrator; linkage to our data provider and in reporting due to the flexibility of the functionality. Dusan Stipala Vice President Ithuba Capital We use Linedata for portfolio management. It gives us a comprehensive view of our portfolio, as well as the in-depth data we need, enabling us to easily reconcile funds and provides our daily NAV. The reporting is a particularly important functionality for us, and enables us to tailor reports for specific needs within our business. Abigail Hills Chief operating officer SOFAER CAPITAL Linedata s Global Hedge trading and order management module is up and running already and we are seeing immediate benefits. We will make immediate resource savings with Linedata Global Hedge; automation will mean that our portfolio management team spends less time on pre-trade compliance and on rebalancing our portfolios. It s an efficient and cost-effective solution. VALERIE EVANS Head of Operations FOUR Capital Partners