Hedge Fund Alert - Vendors List

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VENDORS OF BUY-SIDE TECHNOLOGYHEDGE FUND TECHNOLOGY
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2Secure
New York
2secure.biz
● Data Leak Assessment tool scans computer systems for
vulnerabilities to data breaches, ensuring workstations are
secure. Vendor has long experience working with hedge
funds. Founded in 2003 by cyber-security veteran Yigal Behar.
Abacus Group
New York
abacusgroupllc.com
● Fast-growing firm added 25 clients in the first quarter of 2017,
including a large institutional investor. Annual revenue has
doubled. Hedge fund-focused vendor helps clients securely
store massive data via a private cloud and share encrypted
files. Founded in 2008 by Chris Grandi and other former Eze
Software executives.
ACA Compliance Group
New York
acacompliancegroup.com
● ● Purchased performance-verification technology from Ashland
Partners in May 2017. Originally focused on compliance
software, ACA acquired NorthPoint Financial in 2014 and now
offers suite of data-management products for hedge funds
and other asset managers. Acquired Decryptex Financial
Laboratories in 2016. Clients include 70 of 100 largest hedge
fund firms. Founded in 2002 by former SEC examiners and a
state regulator.
Accern
New York
accern.com
● Continually monitors more than 300 million news sites, blogs
and social-media feeds for news and opinion about more than
8,000 publicly traded companies in the U.S. Clients, mostly
quantitative hedge funds, run $40 billion combined. Among
them: commodity pool operator QTS Capital. Vendor, founded
in 2013, raised $1.2 million of seed funding in 2017.
Advise Technologies
New York
advisetechnologies.com
● Launched new version of Advise MiFID TR product in May
2017 to help clients address transaction-reporting
requirements of MiFID 2. Vault DMS and Consensus RMS
handle compliance tasks. Founded in 2010 by former Trafelet
Capital chief operating officer Doug Schwenk. In early 2017,
private equity firm CPI Capital acquired Advise via consortium
called Compliance Solutions Strategies.

June 14, 2017 2Hedge Fund
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AIM Software
Vienna
aimsoftware.com
● ● ● Hired James Woodford in March 2017 to head North American
sales team as part of push to expand in the region. Products
include GAIN Portfolio Pricing, which ensures consistent
pricing data across multiple portfolios, and GAIN Corporate
Actions, which captures data about corporate events. Founded
in 1999. In March 2017, elevated chief operating officer
Gayatri Raman to chief executive.
Alpha Theory
Charlotte
alphatheory.com
● Tom Martin, once a partner at hedge fund shop Level Global,
joined in 2016 as managing director for consulting services.
Designed for fundamental equity managers, software ensures
position sizes accurately reflect research and fund
constraints. Founded in 2005 by former Credit Suisse and
Lehman Brothers equity research analyst Cameron Hight.
Arbor Financial Systems
London
arborfs.com
● Flagship product, Arbor Portfolio Manager, designed
specifically for hedge funds, funds of funds and family offices.
Supports in-depth portfolio analysis, plus a range of middle-
and back-office functions including risk management,
compliance and general-ledger reporting. Arbor also offers
order-management system.
Arcesium
New York
arcesium.com
● Signed multi-strategy shop Balyasny Asset Management as
client in January 2017. Other clients include EJF Capital. Spun
off from D.E. Shaw in 2015 with backing from Blackstone.
Offers suite of post-trade services based on technology D.E.
Shaw developed for its own funds. Services include trade
capture, data warehousing and valuation functions. First two
clients were D.E. Shaw and Blackstone. Staff has grown from
300 at launch to more than 650.
Arialytics
Rye, N.Y.
arialytics.com
● Aims to reduce time it takes to identify, design and review
trading algorithms. Created with new and emerging managers
in mind. Allows users to quickly analyze big-data sets to
identify patterns and predictors. Machine-learning component
tweaks models in response to real-time activity. Founded in
2010 by David Marra, previously a principal at Boston
Consulting Group.
Asset Control
Heerenveen, Netherlands
asset-control.com
● Hired Gary Appleby from fintech shop Traiana in March 2017
to head international sales. Earlier nabbed Simon Rayfield
from IHS Markit to head client services. Flagship product, AC
Plus, handles high volumes of data from multiple sources.
Cleans and integrates data to ensure consistency of analysis
and reporting. Founded in 1991, firm was among first data-
management vendors to target financial-services industry.
Owned by Marlin Equity Partners.
ATA RiskStation
Tucson, Ariz.
atariskstation.com
● Web-based tool performs daily reviews of risk exposures
across portfolios. Powered by Portfolio Science’s RiskAPI
system. Founded in 2006 by alternative-investment veteran
Aladin Abughazaleh.

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Athena Investment
Systems
Boston
athenasystems.com
● Added portfolio- and investor-accounting functions to its Aura
order-management system in January 2017. Product designed
for hedge funds that trade over-the-counter derivatives.
Functions include risk analytics, pre-trade compliance, price
alerts and data archiving. Founding partners Scott Sykowski,
Stefano Guarnieri and Luis Otero previously worked at
MacGregor, a trading-technology developer acquired by ITG in
2005.
Axiom Software
Laboratories
New York
axiomsl.com
● ● ● Signed commodity-trading giant Trafigura as client in April
2017. Specializes in data management and analytics, as well
as risk and regulatory reporting. Dynamic Data Warehouse, for
example, provides asset managers with data-integration and
warehousing functions, while IntegrationCenter handles such
functions as data transformation, storage, access and
delivery. Founded in 1991.
Axioma
New York
axioma.com
● ● ● Launched product dubbed Multi-Asset Class Risk Monitor in
November 2016 to help fund managers measure correlations
and volatilities for multiple asset classes. Other products help
managers construct portfolios, manage risk and prepare
regulatory reports. In 2016, acquired ConceptOne’s risk-
reporting and regulatory-reporting businesses.
Backstop Solutions
Chicago
backstopsolutions.com
● ● Partnered with ACA Compliance Group in March 2017 to
integrate ACA’s Northpoint data-management system with
Backstop’s investor-relations technology. Backstop CRM
(formerly PerTrac CMS) is web-based customer-relationship
management tool for asset managers. Vendor, founded in
2003, acquired PerTrac CMS technology in 2013 and Cogency
Software in 2015.
Black Mountain Systems
San Diego
blackmountainsystems.com
● Teamed up with derivatives specialist FINCAD in May 2017 to
design system for CarVal Investors, fund-management arm of
Cargill. Flagship product, called Everest, handles variety of
functions including order management, portfolio
management, reporting, compliance and data management.
Primarily designed for firms that invest in bonds and loans.
Bloomberg
New York
bloomberg.com
● ● Order-management tool, Bloomberg AIM, designed for hedge
funds and other buy-side shops. Entry-level version, Hedge
Fund Tool Box (HBOX), is available for funds with less than
$250 million. Bloomberg Compliance Center (CMPC) offers
real-time views into firmwide communications.

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Broadridge Financial
Lake Success, N.Y.
broadridge.com
● ● ● Added fund shop Jabre Capital as client in May 2017.
Expanded post-trade capabilities by acquiring Message
Automation in March 2017. Although best known for
automating shareholder communications, Broadridge also
offers suite of tools for hedge funds and other investment
managers. They include Broadridge Portfolio Master, an order-
and portfolio-management system developed by Paladyne
Systems, which Broadridge acquired in 2011. Business
formed in 1962 as unit of ADP.
Calypso Technology
San Francisco
calypso.com
● ● ● Has been hiring aggressively after booking 20 new clients in
2016. Software performs front- to back-office functions
including order management, liquidity control, collateral
management, risk analysis and accounting. Supports trading
of stocks, bonds, currencies, money-market instruments,
commodities, derivatives and other instruments. Used by
some 34,000 financial-market professionals in 60 countries.
Catelas
Woburn, Mass.
catelas.com
● Formed partnership with artificial-intelligence specialist
Neurensic in 2016. Catelas’ eComms Surveillance tool uses
patented algorithms to monitor employee communications
and trading activity for compliance breaches, including insider
trading and market manipulation.
CDO Software
London
cdosoftware.com
● Designed to manage portfolios of collateralized debt
obligations and collateralized loan obligations. Functions
include risk modeling, pricing and reporting. In 2012, vendor’s
founders sold rights to software to team backed by Neil
Carthy.
Charles River Systems
Burlington, Mass.
crd.com
● ● ● ● Leading buy-side technology vendor has 350-plus clients
worldwide. Partnered with OTAS Technologies in May 2017 to
add enhanced equity-analysis capabilities. Offers full suite of
products for hedge fund managers. Charles River IMS bundles
multiple tools including Charles River Trader (order execution),
Charles River Manager (portfolio management), Charles River
Settlement (trade confirmation and settlement) and Charles
River Compliance (pre- and post-trade monitoring).
Citco
Charlotte
citco.com
● Front- to back-office system, dubbed AExeo, developed by
Tudor Investment, which licenses the software to Citco on an
exclusive basis. In 2012, Citco partnered with Infonic of
Switzerland to integrate Infonic’s HedgeSphere software,
which performs middle-office and portfolio-management
tasks for funds of funds. Citco best known for its hedge fund-
administration business.
Citycom Solutions
London
citicomsolutions.com
● Software designed to keep managers in compliance with
Dodd-Frank record-keeping requirements. Product aimed at
variety of financial-service firms, including hedge fund
managers on lookout for insider trading. Founded in 2013.

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ClearStructure Financial
Technology
Danbury, Conn.
clearstructure.com
● Signed on alternative fixed-income manager Dynamic Credit
and activist manager Legion Partners as clients in 2016.
Flagship product, Sentry PM, performs real-time functions
including pre-trade analytics, order management, risk
management, performance measurement, reconciliation and
accounting. ClearStart, unveiled in 2014, is aimed at new and
emerging hedge fund managers. Founded in 1999 by team
that previously developed investment-management
technology for large Connecticut asset manager.
ComplySci
New York
complysci.com
● Jean-Marc Levy, formerly a top executive at Intercontinental
Exchange NYSE, took over as chief executive in July 2016.
Suite of products includes Personal Trading Control Center, C-
TRAC and CSI DocVault. Control Center allows compliance
officers to monitor personal trading of employees. C-TRAC
captures obligations tied to client and counterparty
agreements, and helps assure obligations are met. DocVault
helps clients respond efficiently to regulatory exams. Clients
include three of top five hedge fund firms.
Confluence Technologies
Pittsburgh
confluence.com
● Clients include some of the largest asset managers and fund
administrators. Flagship product, Unity NXT, automates
compilation of firmwide data for regulatory-reporting
purposes. Separate tool culls data from trading systems to
automatically complete Form PF. Offers similar products to
handle CPO-PQR and AIFMD reporting requirements. Vendor,
founded in 1991, is pioneer in fund-administration technology.
Cordium
New York
cordium.com
● Counts more than 1,500 financial-service firms as clients.
Began targeting U.S. broker-dealers in May 2017. Compliance
Elf product monitors employees’ personal trading, gift giving
and political contributions. ComplianceTrak automatically
emails reminders of compliance deadlines. Formed in 2013
via merger of EvenWheel Solutions and entity combining IMS
Group and HedgeOp.
Cymba Technologies
London
cymba-tech.com
● Signed on AKO Capital as client in 2016. Flagship product,
Athena IMS, performs decision-support, order-management
and execution-management functions, as well as compliance,
accounting and real-time profit-loss analysis.
DataArt
New York
dataart.com
● Develops software for various industries. Offerings for asset
managers include system that automates Form PF filings for
operators of private funds. Similar application help managers
meet new E.U. reporting requirements. Employs 1,500
analysts and engineers in offices around the world.
Dataminr
New York
dataminr.com
● Revenue of financial-service unit increased 75% in 2016 as it
signed on 29 new clients. Asset-management product, called
Dataminr, continually monitors and analyzes Twitter feeds.
Provides customized real-time alerts. Vendor, founded in 2009
by three Yale graduates, raised $50 million of venture capital.

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Delta Hedge Systems
Glen Rock, N.J.
deltahedgesystems.com
● OmniHedge tool integrates internal and external data to track
exposures, profits, liquidity, stress tests and more. Founded in
1999 by Gary Auerbach, who previously ran hedge fund
practice at MicroModeling Associates.
Deltix
Natick, Mass.
deltixlab.com
● Began testing satellite-imagery data from Orbital Insight in
2016 with aim of gleaning information about retail sales.
Software suite allows quantitative managers to aggregate and
analyze vast sums of data, develop trading algorithms, back-
test models and execute trades. Customers can buy
components separately or in bundle. Clients include Ananta
Capital. Employee-owned company founded in 2005.
Digital Reasoning
Franklin, Tenn.
digitalreasoning.com
● In April 2017, Brett Jackson assumed chief executive’s title
from founder Tim Estes. Raised $40 million of Series D
funding in 2016 from investors including Goldman Sachs,
Lemhi Ventures and Nasdaq. Flagship offering, Synthesys,
employs machine-learning algorithms to monitor
communications for signs of illegal trading, money laundering,
fraud and other breaches. System designed to speed
detection and reduce costs of subsequent investigations.
Eagle Investment
Systems
Wellesley, Mass.
eagleinvsys.com
● ● MassMutual’s investment business signed on as client in May
2017. Cloud-based system performs front-, middle- and back-
office functions including portfolio analysis, accounting,
performance measurement, compliance reporting and data
management. BNY Mellon unit founded in 1989.
EidoSearch
Toronto
eidosearch.com
● Quantitative-investing software employs pattern recognition to
analyze equity, futures, foreign-exchange and global-macro
instruments. Clients include Bridgewater Associates and TIG
Advisors. Chief executive Steven Zhang has worked with
NASA and on Human Genome Project. Former Thomson
Financial chief executive Jeff Parker named chairman in 2013.
Electra Information
Systems
New York
electrainfo.com
● ● ● ● Reached milestone in January 2017 when total amount of
assets handled by its Electra Data engine topped $20 trillion.
Counts a third of the 200 largest asset managers as clients.
Other products include Electra Reconciliation, Electra
Settlements and Electra FailSafe, which tracks pending
trades, trades at risk of failing and failed trades.
Enfusion Systems
New York
enfusionsystems.net
● ● ● Took in sizable chunk of growth-equity capital from FTV
Capital in January 2017. Flagship Integrata product, launched
in 2006, is cloud-based system encompassing front-, middle-
and back-office functions, including trade execution, order
management, portfolio management, asset valuation, trade
reconciliation and accounting. Founded in 1997, Enfusion has
more than 200 clients globally, including fund shops Balestra
Capital and Pentwater Capital.

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ENSO Financial Analytics
New York
ensofinancial.com
● Became wholly owned unit of inter-dealer broker ICAP in
2016. Specializes in technology that optimizes managers'
counterparty relationships. One application combines
treasury, counterparty-risk and portfolio-financing functions.
Another helps managers monitor and optimize relationships
with brokers. ENSO founded by former prime-brokerage
professionals Dwaine Alleyne, Matthew Bernard and Michael
Gentile. ICAP had taken minority stake in 2013.
eVestment
Atlanta
evestment.com
● Launched mobile version of database tool in April 2017 and
expanded data fields. Helps funds of funds and other investors
analyze hedge fund performance, asset flows and industry
trends via global database of alternative-investment vehicles.
Vendor, founded in 2000, has grown by acquiring companies
including Fundspire, HedgeFund.net and PerTrac.
Exegy
St. Louis
exegy.com
● New product, Xport, launched in February 2017 to give clients
high-speed access to market data from exchange co-location
centers in New Jersey. Other products include Exegy Trading
Application Platform (TAP) and Exegy Ticker Plant. TAP allows
high-speed processing of raw market-data feeds on the same
servers that host trading applications. Ticker Plant offers even
faster connections. Vendor founded in 2003 by four
Washington University faculty members to commercialize
data-mining technology they developed.
Eze Castle Integration
Boston
eci.com
● Pioneer in developing web-based technology for hedge fund
managers, having launched industry’s first cloud-computing
system for a large New York manager in 2005. Eze Private
Cloud went live in 2009. Integrated system dubbed Eze
Managed Suite designed specifically for hedge fund
managers. Vendor counts 650 clients, including many
alternative-investment firms.
Eze Software
Boston
ezesoft.com
● ● ● ● ● Leading vendor of investment-management software added
243 new clients in 2016, while increasing R&D budget by 40%
over two years to $60 million. In May 2017, rolled out updated
version of portfolio-accounting product with “reconciliation
summary” dashboard. Order-management system, Eze OMS,
is widely used by hedge fund managers. Also offers “turnkey”
system for fund startups called JumpStart. Vendor, owned by
private equity giant TPG, has more than 1,000 employees in
13 offices around the world.
FactSet
Norwalk, Conn.
factset.com
● In March 2017, paid $205 million for BISAM Technologies,
which markets performance-attribution and reporting
technology. Acquired Vermilion Software in November 2016.
FactSet’s Quant and Risk Analytics tool designed to help fund
managers more efficiently process reams of market data
across major asset classes. Publicly traded company, founded
in 1978, has offices in 21 countries.

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Ferential Systems
South Orange, N.J.
ferential.com
● ● Flagship product, Pyramid, is used by hedge funds and other
financial institutions to automate a range of risk-management
and portfolio-management functions. Firm has been led for
more than 20 years by John Dukich, an accountant and former
trader at HSBC.
Fidessa
London
fidessa.com
● ● U.K. vendor’s revenue rose 12% in 2016 to £331.9 million
($430 million). Order-management system, Minerva, can be
integrated with investment-analysis tool, Portfolio Studio.
Other products include multi-asset-class portfolio-
management system, Tesseract, and compliance tool,
Sentinel. Publicly traded company founded in 1981.
Financial Tracking
Riverside, Conn.
financial-tracking.com
● Upgraded offering includes module designed to detect “trade
parking.” All-in-one compliance suite monitors risks at the
firm, portfolio and position levels to ensure prudent risk
management and adherence to investment policies. Includes
“portfolio pumping” function that tracks trading volume in a
particular issuer as a percentage of total daily trade volume.
FinancialCAD
Vancouver, Canada
fincad.com
● Firm’s main product, F3, provides a financial-analytics library
that allows users to value and price derivatives and fixed-
income securities, measure counterparty risk, perform stress
tests, calculate value-at-risk and mark to market.
FinlogiK
Montreal
finlogik.com
● Software designed to achieve fast processing, timely pricing
and evaluation of derivatives trades. Founded in 1998.
FIS
Jacksonville
fisglobal.com
● ● ● ● Known formally as Fidelity National Information Services, FIS
offers array of technology and services for banks and asset
managers. Acquired SunGard in 2015. Software performs
such functions as risk modeling, collateral management,
foreign-exchange analysis and front- to back-office
connectivity for accounting purposes. Firm, founded in 1968,
has long been a stock-market darling.
Fiserv
Brookfield, Wis.
fiserv.com
● ● ● ● Thirty-year-old financial-technology giant offers range of
products that perform such functions as portfolio
management, post-trade monitoring, accounting and billing.
FIX Flyer
New York
fixflyer.com
● Offers technology that facilitates high-speed trades (less than
25 microseconds) via links to brokers, exchanges and
electronic-trading networks. Teamed up with data-
transmission firm Solace to improve performance of trades
under financial information exchange (FIX) protocol.
FlexTrade Systems
Great Neck, N.Y.
flextrade.com
● Offers range of execution-management functions including
pre- and post-trade analytics and algorithmic strategies.
Handles wide variety of assets. Founded in 1996.

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Frost Consulting
London
frostconsulting.co.uk
● Regulatory consultant offers software that helps managers
allocate research expenses to various funds and accounts in
accordance with the latest version of the E.U.’s Markets in
Financial Instruments Directive.
FSMLabs
Austin
fsmlabs.com
● Created system that maintains sub-microsecond
synchronization of transaction times for networks of traders.
Meets time-stamp rules of the SEC, NASD and U.K.’s Financial
Conduct Authority.
FundCount
Boston
fundcount.com
● Supports portfolio and partnership accounting through
integrated, multicurrency general ledger. Automates P&L and
cash flow calculations for complex master-feeder structures.
Allocates gains and losses, calculates NAVs, figures
management and performance fees, and tracks capital calls
and commitments. Vendor, founded in 1999, has more than
100 clients, a third of them hedge funds. Also used by family
offices, fund administrators and private equity firms.
Glass Lewis
San Francisco
glasslewis.com
● Offers technology and services that help investors respond to
corporate proxies. Assists in reviewing ballots, tracking
required actions and casting votes. Used by more than 1,200
institutional investors, including 100-plus hedge fund shops.
Global Relay
Vancouver, Canada
globalrelay.com
● Web-based system archives electronic messages, enabling
management to monitor emails. Instant-messaging system
complies with SEC and NASD requirements. Founded in 1999.
GoldenSource
New York
thegoldensource.com
● Offers product suite that integrates and standardizes data
from internal and external sources to present “holistic” view
of business. Oppenheimer signed on as client in 2017.
Founded in 1990.
Gordian Compliance
Solutions
San Francisco
gordiancompliance.com
● Provides technology that helps investment firms and brokers
comply with SEC and Finra rules. Handles such functions as
recordkeeping, monitoring of employee activities and listing
compliance tasks.
Harvest Exchange
Houston
hvst.com
● Hosts free online network where investors and professional
money managers exchange research and ideas. Offers
investor-relations tool to hedge funds and other asset
managers, as well as a secure web-based platform through
which managers communicate with existing and prospective
investors. Backed by hedge funds including Arrowgrass
Capital, GoldenTree Asset Management and Third Point.

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HazelTree
New York
hazeltree.com
● Markets technology that supports cash-balance analysis,
long/short financing, margin reporting, collateral
management, counterparty-risk reporting, cash reconciliation,
expense processing and wire authorization. Partnered with
Goldman Sachs in 2015 to automate cash-sweep functions for
bank’s hedge fund clients.
HedgeFacts
Dublin
hedgefacts.com
● Provider of middle- and back-office technology signed $34
million fund shop Abingdon Global as client in early 2017.
Fully integrated cloud-based system offers startups and
smaller managers turn-key infrastructure supporting wide
variety of strategies and asset classes. Generates monthly,
daily, and intra-day profit/loss displays and attribution
analysis across any fund, account, trader/strategy, sector or
market. North American operations based in Cincinnati.
IBM
Armonk, N.Y.
ibm.com
● Company’s Algo Risk application helps users make risk-based
investment decisions by combining what-if analyses and best-
hedge recommendations.
iCapital Network
New York
icapitalnetwork.com
● Software automates subscriptions, redemptions and investor
reporting for fund managers. Also handles investor
communications. In 2017, extended system to accredited
investors with net worths of as low as $1 million. Previously
was available only to investors worth $5 million or more. In
2016, iCapital acquired Credit Suisse’s HedgeFocus business,
which services hedge fund investors.
IHS Markit
London
ihsmarkit.com
● Announced in June 2017 that Barclays, Goldman Sachs, HSBC
and Morgan Stanley were buying equity stake in KY3P, IHS
Markit’s “know your third party” risk-management system.
Markit founded in 2003 as credit-derivatives pricing service,
and has since become sprawling provider of information and
analytics. WSO Administrator technology manages data for
bank loans, asset-backed securities, other types of bonds,
credit-default swaps and equities. Also performs reporting,
compliance, performance-analysis and agent-syndication
functions. In May 2017, Markit merged with IHS, best known
for analysis of the energy and commodity sectors.
Imagine Software
New York
imaginesoftware.com
● System handles portfolio-management functions for equities,
bonds, currencies and many derivatives. Also offers trade
analytics, real-time pricing, trade capture, real-time profit-
and-loss reports, risk analytics, stress-testing and valuation
modeling. Founded in 1993.

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Imagineer Technology
Group
New York
itgny.com
● In April 2017, released latest version of system that allows
hedge funds and other asset managers to automate capital
raising, investor relations, reporting and document
management. Also offers web portal for managers to
communicate with clients.
Incapture Technologies
San Francisco
incapturetechnologies.com
● System handles a variety of investment functions, including
trade processing, performance analysis and risk management.
Founded in 2012 by Peter Knez, former co-chief investment
officer at BlackRock.
Indata
Greenwich, Conn.
indataipm.com
● ● Introduced tool in May 2017 that allows users of its iPM Epic
order-management technology to connect with and manage
sources of big data. Twenty-year-old vendor provides front-to-
back office technology to variety of buy-side clients in the U.S.
and abroad.
Indus Valley Partners
New York
ivp.in
● ● ● ● Specializes in middle-office technology for clients in the
alternative-investment business. By 2017, hedge fund and
private equity fund assets managed through its products had
surpassed $1.3 trillion. In June 2017, firm rolled out regulatory
filing service for complying with European Union’s MiFID 2,
which takes effect in January 2018. The new service is part of
IVP Raptor regulatory reporting system. Another new product,
IVP for PE, designed to manage portfolio companies and their
cash flows. Clients include Michael Dell’s MSD Capital.
InfoHedge Technologies
New York
infohedge.net
● Using InfoHedge Hosted Platform, hedge funds, family offices
and brokers perform front-, middle- and back-office functions
on private cloud with built-in compliance and disaster-
recovery features. Firm founded in 2005 by former
technology-staffers of now-defunct fund manager Alexandra
Investment, which in the same year sold its portfolio-
management software to Paladyne, predecessor to
Broadridge. InfoHedge opening Dublin office in 2017.
InfoReach
Chicago
inforeachinc.com
● Customizable trade-management software performs pre- and
post-trade analysis for equities, options, futures and
currencies. Version customized for high-frequency traders.
ION Trading
Dublin
iongroup.com
● ● ● ● Sued Wedbush Securities in early 2017, claiming brokerage
failed to pay fees it owed under license agreement. Wedbush
argues it terminated agreement. ION offers variety of front-
and back-office technology, including Rolfe & Nolan product
suite that performs reporting functions and other back-office
tasks for exchange-traded derivatives. Also owns Wall Street
Systems, which provides administration, accounting and
compliance technology. In 2016, Carlyle Group invested about
$400 million in ION.

ALERT
Front
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Middle
Office
Back
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Vendor
Research
TradeExecution
PortfolioManagement
DataManagement
RiskManagement
CashManagement
SecuritiesPricing
TradeReconciliation
InvestorRelations
Accounting
Compliance
Administration
ITSupport
The Skinny
ITG
New York
itg.com
● ● ● ITG Posit Manager ranked third among execution-
management systems in survey of buy-side traders by
Greenwich Associates. Only Bloomberg’s EMSX and Instinet
ranked higher. Vendor, founded in 1987, is embroiled in
lawsuit in which investors accuse the company of hiding a
proprietary-trading business that led to a $20 million SEC fine
in 2015. ITG contends it properly informed investors it was
engaging in principal trading.
Itiviti Group
Stockholm
itiviti.com
● Formed via 2016 merger of Orc Group, which offers a trade-
execution system, and CameronTec, a provider of financial-
messaging systems. Among main products is Orc Trader, a
derivatives-trading system that performs pre-trade analysis,
trade-execution, risk-management and compliance functions.
Vendor owned by private equity firm Nordic Capital.
Kensho Technologies
Cambridge, Mass.
kensho.com
● Sells machine-learning software that scans thousands of
actions, then weighs impact of those developments on asset
values. Kensho, founded in 2013, secured $50 million of
funding in a 2017 deal that valued it at $500 million. Funding
came from S&P, Goldman Sachs, J.P. Morgan, Bank of
America, Morgan Stanley, Citigroup and Wells Fargo, all users
of its technology.
Koger
Paramus, N.J.
kogerusa.com
● In 2016, started marketing New-Generation Transfer Agency
System (NTAS) directly to hedge funds. Vendor, founded in
1994, previously marketed to fund administrators, but now
hopes to exploit trend of fund managers adopting
“administrator-shadowing” policies. NTAS handles investor-
registration, cash-management, trade-processing, fee-
processing, compliance and reporting functions.
Ledgex Systems
Boston
ledgex.com
● ● ● ● Upgraded portfolio-management technology in 2016 by adding
illiquid-asset forecasting, performance-attribution models and
enhanced research-management capabilities. Markets
software to funds of funds, other alternative-investment firms
and institutional investors. Vendor, founded in 2008, is affiliate
of Eze Software.
Lightkeeper
Boston
lightkeeper.com
● Stu Hendel, former head of prime brokerage at Morgan
Stanley, joined in April 2017 as senior managing director
tasked with expanding client base and developing new
products. Latest version of Lightkeeper Portfolio Intelligence
system integrates data from brokers, custodians, fund
administrators and internal sources. Vendor founded in 2010
by Danny Dias, Larry Longo and Robert Tishman, who
previously ran hedge fund shop 033 Asset Management. They
also helped develop software called Tamale that was acquired
by Advent Software in 2008.

ALERT
Front
Office
Middle
Office
Back
Office
Vendor
Research
TradeExecution
PortfolioManagement
DataManagement
RiskManagement
CashManagement
SecuritiesPricing
TradeReconciliation
InvestorRelations
Accounting
Compliance
Administration
ITSupport
The Skinny
Linedata
Paris
linedata.com
● ● ● ● Acquired middle- and back-office technology vendor Gravitas
in May 2017. Around same time, Linedata upgraded its Global
Hedge portfolio-management system to address requirements
of MiFID 2. Vendor, founded in 1998, has deep roster of hedge
fund clients for suite of investment-management products.
Login
Courbevoie, France
www.login-sa.com
● Acumen software product performs real-time market-risk,
credit-risk, liquidity-risk and settlement-risk management
tasks for most asset classes. Founded in 1988.
Lombard Risk
London
lombardrisk.com
● Product line includes Colline Software, which handles
collateral-management and clearing functions for ETF, repo
and securities-lending markets. In early 2017, Societe
Generale expanded use of Lombard technology by employing
Colline for listed derivatives.
Lucena Research
Atlanta
lucenaresearch.com
● QuantDesk product is online portal billed as affordable way to
access quantitative tools including advanced pattern-
recognition algorithms and big-data analysis. Product suite
includes “price forecaster,” “portfolio optimizer” and “hedge
finder” functions. In March 2017, Nasdaq said it was teaming
with Lucena to launch Nasdaq Analytics Hub, which uses
artificial intelligence to help fund managers better use data
from social media and other sources. Vendor founded by
former F-15 fighter pilot Tucker Balch, a Georgia Tech
professor specializing in artificial intelligence.
Mackey
Boston
mackeyrms.com
● MackeyRMS product is mobile web-based system that
organizes research from variety of applications to make it
available in a format sortable by ticker, topic, timeline,
contact, keyword and more. In early 2017, Schroders chose
the software for its research efforts.
Markov Processes
International
Summit, N.J.
markovprocesses.com
● California State Teachers is among latest users of vendor’s
MPI Stylus Pro system, which gauges risk of investment ideas.
Product is part of Stylus Pro Suite, which integrates in-house
and third-party data to perform returns-based analysis. Helps
hedge funds develop leverage and short-position strategies,
understand risk factors, separate alpha from beta and carry
out other analytical tasks. Founded in 1990 by Russians
Michael Markov and Mik Kvitchko, who based software on
methods of Nobel Laureate William Sharpe.
Meetyl
San Francisco
meetyl.com
● Web-based tool, redesigned in late 2016, helps institutional
investors and asset managers connect with corporate
executives. Includes proprietary algorithm that identifies
“best-fit” meetings and coordinates schedules. Vendor is unit
of corporate-governance specialist Glass Lewis.

ALERT
Front
Office
Middle
Office
Back
Office
Vendor
Research
TradeExecution
PortfolioManagement
DataManagement
RiskManagement
CashManagement
SecuritiesPricing
TradeReconciliation
InvestorRelations
Accounting
Compliance
Administration
ITSupport
The Skinny
MIK Fund Solutions
New York
mikfs.com
● Data Warehouse product stores performance, risk,
transactional and regulatory data about investments on real-
time basis. Integrates with users’ accounting and portfolio-
management systems. Vendor, founded in 2006 by software
developer Fadi Kaddoura, focuses exclusively on alternative-
investment industry.
Milestone Group
Sydney
milestonegroup.com.au
● Firm’s pControl product line performs variety of fund-
processing tasks. NAV Oversight system verifies portfolio
valuations by third-party administrators. Draws on multiple
methodologies to compute NAVs. Vendor, founded in 1998,
targets private-fund operators.
Misys
London
misys.com
● ● ● Misys’ owner, Vista Equity Partners, agreed in March 2017 to
buy DH Corp. of Canada and combine it with Misys to create
financial-technology powerhouse. Fund operator Elliott
Management is financing C$4.8 billion ($3.6 billion)
transaction by taking preferred equity. Misys offers host of
financial-technology products, including those that perform
front- to back-office functions. Buy-side products include
FusionInvest, which manages workflows for portfolio
managers, as well as risk and compliance officers.
Molecule Software
Houston
molecule.io
● Technology designed for smaller commodity-trading shops
specializing in oil, gas and power contracts. Handles
thousands of exchange-traded and over-the-counter
instruments. Cloud-based system allows managers to plug in
and begin trading the same day. Founded in 2012 by chief
executive Sameer Soleja, who previously developed energy-
trading software for EnForm Consulting (now part of SunGard),
BearingPoint and Stryve Advisors.
Mosaic Research
Management
New York
mosaicrm.com
● ● Offers several technology products including one that gathers
feedback and quantifies value of a firm’s research vendors.
Mosaic, founded in 2010, focuses primarily on hedge funds.
MSCI
New York
msci.com
● Best known for its stock indexes, MSCI offers technology
products that identify, measure and manage risk associated
with financial instruments by applying value-at-risk
methodologies and stress testing. In 2016, firm added
capabilities that allow fixed-income investors to quickly spot
changes in credit quality. MSCI entered risk-management
arena via 2010 acquisition of RiskMetrics, whose model
originally was developed by J.P. Morgan.

ALERT
Front
Office
Middle
Office
Back
Office
Vendor
Research
TradeExecution
PortfolioManagement
DataManagement
RiskManagement
CashManagement
SecuritiesPricing
TradeReconciliation
InvestorRelations
Accounting
Compliance
Administration
ITSupport
The Skinny
Multifonds
Luxembourg
multifonds.com
● Based on Oracle technology, software performs accounting
functions for wide variety of fund structures and handles real-
time recordkeeping and cashflow forecasting. Product is used
by clients in 30 regulatory jurisdictions. In 2016, Canadian
investment unit of Great-West Life adopted Multifonds’ Global
Accounting system for more than 1,000 different funds.
Vendor, founded in 1995, was acquired in 2015 by Geneva
banking-software developer Temenos.
Murex
Paris
murex.com
● ● ● Offers risk-management, compliance and collateral-
management systems. Available in both installed and hosted
formats. Entered partnership in early 2017 through which
users of Murex technology can access Tullett Prebon’s historic
pricing data.
National Regulatory
Services
Lakeville, Conn.
nrs-inc.com
● Mix of products automate various back-office functions
including regulatory filings and development of compliance
polices and procedures. Unit of Reed Elsevier’s Accuity
division.
Neovest
Orem, Utah
neovest.com
● Neovest 7.0 product performs pre-, post- and in-trade
analytics along with order- and execution-management
functions. Supports high-frequency operations with multiple
prime brokers. A unit of J.P. Morgan since 2005.
NewOak Capital
New York
newoak.com
● Products assess cashflow risks of structured products,
monitor services and perform market-data interface. Founded
in 2008 by Ron D’Vari, former head of structured finance at
BlackRock. NewOak also has an asset-management unit.
NinjaTrader
Denver
ninjatrader.com
● Electronic-trading platform is popular with solo managers and
small firms. Automates pre-trade and execution functions,
including data analysis, strategy back-testing and trade
management. In February 2017, NinjaTrader acquired right to
assume U.S. trading accounts of FXCM, which CFTC banned
from operating electronic-trading business in U.S. due to
inadequate disclosures.
Nirvana Solutions
New York
nirvanasolutions.com
● Cloud-based system handles order management, risk
management, portfolio management, accounting, reporting,
portfolio analytics and data management. Clients include
hedge funds, fund administrators and other types of service
providers. Founded in 2006.
Novus
New York
novus.com
● ● System helps investment managers analyze risk and
performance based on data from multiple sources. In early
2017, teamed with fund manager Cheyne Capital to develop
system for assessing risk. Bain Capital Ventures holds
undisclosed stake in Novus.

ALERT
Front
Office
Middle
Office
Back
Office
Vendor
Research
TradeExecution
PortfolioManagement
DataManagement
RiskManagement
CashManagement
SecuritiesPricing
TradeReconciliation
InvestorRelations
Accounting
Compliance
Administration
ITSupport
The Skinny
Numerix
New York
numerix.com
● In March 2017, risk-technology powerhouse announced
acquisition of London-based TFG Financial, which has real-
time risk- and position-management system. Numerix
maintains expansive library of asset-valuation models that
allows software to perform valuation and risk-analysis
functions. Also available is Numerix Bloomberg, an Excel add-
on that prices and manages derivatives and structured
products based on Bloomberg data.
Objecutive
Fort Lee, N.J.
fundstudio.com
● FundStudio software offers one-stop-shopping for startups
and small fund operators, combining front-, middle- and back-
office functions. Fees are based on manager’s assets. Counts
Mill Hill Capital and Regan Capital among its clients.
Omgeo
New York
dtcc.com
● Unit of Depository Trust & Clearing sells software that
automates post-trade process by matching trades of stocks,
bonds and exchange-traded derivatives. Omgeo Alert is web-
based system that enables investment managers, brokers and
custodians to share account information and standing
settlement instructions.
OneMarketData
Hoboken, N.J.
onetick.com
● Flagship product stores, retrieves and analyzes real-time and
historic tick data for any type of asset. In April 2017, launched
OneTickElastic Analytics, a cloud-based service that offers
varying computing power based on each client’s needs.
OpenLink
Uniondale, N.Y.
openlink.com
● In 2017, launched cloud-based version of software that
performs virtually all front- to back-office functions for firms
trading futures on agricultural products and metals, as well as
over-the-counter derivatives. Has been owned by private
equity firm Hellman & Friedman since 2011.
Orchestrade Financial
Systems
San Mateo, Calif.
orchestrade.com
● Flagship product performs wide range of front- to back-office
functions. Modules include risk-management tool and profit-
loss blotter. Credit Agricole adopted system in 2017 for its
interest-rate derivatives and foreign-exchange trading desks.
Orical
New York
orical.org
● Provides compliance-management system for private funds
and registered investment advisors. Vendor claims to offer
“regulatory knowledge of a major law firm with the . . .
responsiveness of a valid in-house compliance and legal
staff.” Used by several dozen fund operators. Orical led by
former Marathon Asset Management executives Gregory Florio
and James Leahy.
Patsystems
London
patsystems.com
● Sells technology designed to perform pre-trade and risk-
management tasks for exchange-traded derivatives. Also
offers two different trading applications.

ALERT
Front
Office
Middle
Office
Back
Office
Vendor
Research
TradeExecution
PortfolioManagement
DataManagement
RiskManagement
CashManagement
SecuritiesPricing
TradeReconciliation
InvestorRelations
Accounting
Compliance
Administration
ITSupport
The Skinny
Pico
New York
picotrading.com
● Vendor targets electronic-trading operations that generate
huge volumes of data. Regulatory-reporting tool can handle 1
billion messages a day. Pico is led by Jarrod Yuster, who once
oversaw electronic trading at Merrill Lynch.
Portfolio Science
New York
portfolioscience.com
● Provider of risk-analysis technology teamed up in March 2017
with MIK Fund Solutions to develop ReportLab for Portfolio
Science’s RiskAPI product, which allows users to generate
visual images of complex portfolio data. Performs such
functions as value-at-risk analysis and stress testing.
PortfolioShop
Syosset, N.Y.
portfolioshop.com
● Software performs reconciliation, reporting, cost-basis
tracking and other accounting functions, in addition to
performance analysis and risk management. In 2017, added
Morgan Stanley and Wells Fargo to growing list of custodial
partners whose clients can access their trading data through
PortfolioShop’s ReconAdvantage service.
Portware
New York
portware.com
● Portware Enterprise product allows clients to customize
execution-management systems for algorithmic trading.
Incorporates artificial intelligence to switch between
algorithms based on real-time market inputs. Upgraded
artificial intelligence features in 2016. Vendor, founded in
2000, acquired by FactSet in 2015.
ProTrak International
New York
protrak.com
● Software enables users to view all aspects of investor
accounts, keep track of fund-raising prospects and produce
reports on client activity.
QuantConnect
Brooklyn
quantconnect.com
● Cloud-based system designed for startup and smaller
quantitative managers. Users can craft strategies and back-
test trading programs, drawing computing power from
hundreds of servers. Provides access to historical data in a
variety of markets. Expanded reach to futures and options
markets in April 2017. Offers multi-tiered pricing based on
size and scope of clients’ operations.
Quantifi
New York
quantifisolutions.com
● Flagship product designed for managers that trade complex
over-the-counter instruments. System encompasses broad
range of functions including pre- and post-trade analytics,
pricing and risk management. Clients include CQS, OFI Asset
Management and Pine River Capital. In May 2017, Mark Traudt
left chief technology officer post he’d held for more than a
decade to join Axioma as head of product engineering.
RavenPack
New York
ravenpack.com
● Provider of big-data analytical tools launched service in 2017
to streamline analysis of unstructured data. Offers two
products that harvest information from news and social-media
sources, with aim of delivering machine-readable data.
Founded in 2003. Secured $5 million of funding from venture
capital firm Draper Esprit in March 2017.

ALERT
Front
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Middle
Office
Back
Office
Vendor
Research
TradeExecution
PortfolioManagement
DataManagement
RiskManagement
CashManagement
SecuritiesPricing
TradeReconciliation
InvestorRelations
Accounting
Compliance
Administration
ITSupport
The Skinny
Real Time Risk Systems
New York
realtimerisksystems.com
● System analyzes derivatives positions to show real-time
changes in portfolio’s risk. Targets multi-strategy hedge
funds. Vendor founded in 2004 by Robert Navin, who
previously worked at fund-management firms DKR Oasis
Capital and Highbridge Capital.
Rebar Systems
Fort Lee, N.J.
rebarsys.com
● ● Flagship order-management product, dubbed Rome, supports
more than 40 asset classes. Incorporates pre- and post-trade
compliance functions. Vendor also offers consulting services
to clients including Bridgewater Associates. Founded in 2010
by Phil Cushmaro, previously chief information officer for
Credit Suisse’s global investment-banking operation.
REDI Global Technologies
New York
redi.com
● Acquired by Thomson Reuters in 2016, REDI provides
execution-management system that performs trading and
portfolio-management functions. Vendor previously owned by
group made up of Bank of America, Barclays, Citadel
Securities, Goldman Sachs and Lightyear Capital. Spear Leeds
launched REDI in 1992.
RedOwl Analytics
Baltimore
redowl.com
● Software bolsters clients’ compliance efforts by monitoring
“insider risk.” Automates compliance functions using pattern
recognition and machine learning to sift reams of
communications and transaction data. Blackstone, Allegis
Capital and Conversion Capital hold stakes in RedOwl.
Risk-AI
Brooklyn
risk-ai.com
● Offers web-based tool that allows funds of funds and other
hedge fund investors to compare return and risk metrics.
Founded in 2008 by Aleksey Matiychenko, formerly with Ivy
Asset Management.
RiskVal Financial
Solutions
New York
riskval.com
● System performs real-time, relative-value analytics for fixed-
income traders, developed in partnership with Quantitative
Brokers. Cloud-based technology facilitates multi-strategy,
multi-currency bond trading. Founded in 2001.
S3 Partners
New York
s3partners.net
● Helps hedge funds, other asset managers and financial
intermediaries determine total cost of ownership and deal
terms. Flagship product calculates return on assets and return
on equity, among other analytical functions. Bloomberg
subscribers can access S3's reference data, alerts and
workflow apps via SI, EMSX, BLT and APPS. Vendor, founded
in 2003, is led by Bob Sloan, previously global head of prime
services at Credit Suisse.
SAS
Cary, N.C.
sas.com
● Main financial-technology product analyzes credit, market,
liquidity and regulatory risk on near-real-time basis. SAS is
among largest developers of business software.

ALERT
Front
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Middle
Office
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Vendor
Research
TradeExecution
PortfolioManagement
DataManagement
RiskManagement
CashManagement
SecuritiesPricing
TradeReconciliation
InvestorRelations
Accounting
Compliance
Administration
ITSupport
The Skinny
SEI
Oaks, Pa.
seic.com
● ● Best known as fund administrator, SEI also provides
technology and services for data and compliance
management. Compliance offering automates regulatory
filings and tracks investor attributes. Users aren’t limited to
clients of SEI’s fund-administration business.
SGGG AlphaDesk
Toronto
alphadesk.com
● AlphaDesk technology designed for small and mid-size hedge
funds. Performs real-time functions including trade-order
management, profit attribution, risk analysis, reconciliation,
accounting and compliance. Affiliated with fund administrator
SGGG Fund Services.
SimCorp
Copenhagen
simcorp.com
● ● Offers multi-asset system that performs wide range of front-
and back-office functions. Clients include American Century
and Schroder Investment. Also sells software that assists
asset managers with client communications. In May 2017,
SimCorp hired Oliver Johnson to oversee Asia-Pacific
operations from Singapore.
Sky Road
Downers Grove, Ill.
skyroad.com
● ● Develops trade-execution and risk-analysis technology. Cloud-
based system, which is fully integrated with Bloomberg,
supports customized trading and portfolio-management
functions for managers of derivatives portfolios. Another
product allows users to monitor electronic derivatives
markets, access market data, perform risk analysis and
publish risk reports for investors. Formed in 2005 when
Ritchie Capital spun off its information-technology unit.
Software AG
Darmstadt, Germany
softwareag.com
● Public company focuses on big-data applications. Its Apama
Real-Time Analytics product performs real-time analysis of
multiple data streams to formulate trading strategy in
response to corporate events. Aimed at event-driven
managers.
SS&C
Windsor, Conn.
ssctech.com
● ● ● ● ● Public firm doubles as top-tier fund administrator and
financial-technology powerhouse, following its $2.6 billion
acquisition of software giant Advent in 2015. SS&C Advent
boasts more than 10,000 clients. Offers array of products
whose functions include trade execution, portfolio
management, connecting trading partners, supporting
algorithmic trading, risk management, research management,
profit-loss allocation and debt- and derivative-product
accounting. In December 2016, SS&C purchased Wells Fargo’s
fund-administration unit, including real-time operations
management dashboard for alternative-investment funds.

ALERT
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Middle
Office
Back
Office
Vendor
Research
TradeExecution
PortfolioManagement
DataManagement
RiskManagement
CashManagement
SecuritiesPricing
TradeReconciliation
InvestorRelations
Accounting
Compliance
Administration
ITSupport
The Skinny
StatPro
London
statpro.com
● ● Provider of cloud-based portfolio-analysis services agreed in
April 2017 to pay UBS £11 million ($14 million) for UBS Delta,
the bank’s risk- and performance-analytics system. Delta will
be folded into flagship product, StatPro Revolution, which
analyzes performance and risk. Revolution allows managers to
share analytics with clients and service providers. In
December 2016, StatPro changed name of cloud-based, risk-
analytics unit, Investor Analytics, to StatPro Revolution Alpha,
a year after buying the business.
Tethys Technology
New York
tethystech.com
● Flagship product performs real-time portfolio-management,
trade-execution and risk-management functions. Gives users
access to major algorithmic- and program-trading desks, sell-
side traders and floor brokers. Vendor agreed in early 2017 to
provide customers of TradingScreen, an electronic-trading
service, with algorithms for trading equities, futures, options
and foreign exchange.
Tora Trading Services
Tokyo
tora.com
● Software performs trade-execution and order-management
functions for hedge funds, mutual funds and proprietary-
trading desks operating on 24 exchanges across Asia. In
January 2017, opened office in Channel Islands to step up
marketing in Europe.
TPG Software
Houston
tpgsoftware.com
● Sells array of software products that coordinate with fixed-
income trading, risk-management and operations activities of
financial institutions. Founded in 1991.
Trading Technologies
Chicago
tradingtechnologies.com
● Flagship product, X_Trader, executes high-speed derivatives
trades through any broker on exchanges worldwide. Other
products simulate trades and test strategies against live
prices and monitors risks of trading positions. In March 2017,
connected futures-trading system to London Metal Exchange,
ICE Futures Europe and Euronext. Vendor, founded in 1994,
acquired TickIt Trading Systems in 2010. TickIt’s visual
programming platform allows traders to test algorithms
without writing code.
TradingScreen
New York
tradingscreen.com
● Provides real-time views of positions, profit-and-loss reports,
exposures, rebalancing functions, pre-trade allocations,
compliance checks and risk analytics. Founded in 1999.
Traiana
New York
traiana.com
● Unit of inter-dealer broker ICAP sells system that allows
investment managers to report on a timely, consistent basis to
swap-data and trade repositories in compliance with U.S. and
E.U. rules.

ALERT
Front
Office
Middle
Office
Back
Office
Vendor
Research
TradeExecution
PortfolioManagement
DataManagement
RiskManagement
CashManagement
SecuritiesPricing
TradeReconciliation
InvestorRelations
Accounting
Compliance
Administration
ITSupport
The Skinny
Tribeca Technology
London
tribeca-it.com
● Cloud-based tool backs up data from managers’ servers. Also
markets technology-support services to hedge fund clients in
Asia, Europe and U.S.
Unilogic
New York
unilogic.com
● Flagship product, FundsTOTAL, is cloud-based portfolio-
management, risk-analysis and performance-attribution
system that can be easily customized by clients. Product
launched in 2001.
VestServe
Waltham, Mass.
vestserve.com
● Technology performs middle- and back-office functions
including accounting, real-time data management,
performance measurement, analytics and reporting.
Watson Wheatley
London
watsonwheatley.com
● Offers software and client-server databases that match
positions and balance trades and cashflows. Also handles
margin-account reconciliation for derivatives.

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