- Case Study
Info - CategoryManaged Services
Business Problem
Client has bought Charles River, a leading buy-side trade order management system; Advent Geneva as portfolio accounting system. Their technology team consisted of two people one with infrastructure background and other software focused resource. The software resource has left the company and company was vulnerable to support their application portfolio, particularly trading system and Geneva portfolio accounting. Client was looking for external help to support their environment while they look out for replacement candidate.
Our Solution
- Specialized knowledge in trade order management space
- Understanding of unique workflows in the hedge fund industry
- Leverage of reusable assets for team building
- Documentation of current state processes, including end-of-day, start-of-day, and intraday processes, as well as prime broker feeds
- Creation of compliance rules for effective trading in Charles River
- Assistance with the migration of FIX infrastructure to Charles River
- Improvement of end-of-day feeds, consolidating them through a single portal
- Technologies Details:
- Trading & Compliance: Utilized CRD for trading and compliance needs.
- Accounting & Reference Data: Managed accounting with Geneva and Portia while sourcing reference data from Bloomberg.
- Clearing & Settlement: Employed Omgeo OASYS and Omgeo TradeSuite for clearing, settlement, and confirmation.
- Technology Stack: Operating systems included Linux Debian and Windows 2003r2, with various scripting languages. FIX was managed with Cameron + Appia.
- Security & Reporting: Ensured security with PGP encryption tools and generated reports using Excel Macro and SQL Query.
Ahmedabad, India
New York, USA 