Liquid Holdings releases new version of cloud-based hedge fund platform |
Date: Monday, September 23, 2013
Author: Emily Perryman, HedgeWeek
“We purpose-built the Liquid platform for hedge funds. Our commitment to
cloud computing since our inception allows us to quickly meet our clients’
business requirements, while reducing their costs, burdens and risks.
Leveraging the cloud to provide hedge fund managers with institutional
quality trading, risk management, reporting, shadow accounting and managed
services in a single platform is a game changer,” says Liquid chief
executive Brian Storms.
Version 3.5 includes functional upgrades, primarily across its low latent
OEMS, which combines the extensive functionality of a high scale order
management system with the speed, trading tools, workflow and intuitive
design of an execution management system. Highlights include:
• Continued expansion of destination and broker neutral order routing
• Post trade allocation engine
• Strategy tagging by order / execution / position for reporting
• Order router and pre-trade compliance engine optimisations
“These enhancements demonstrate our commitment to continually expand our
capabilities to accommodate the needs of our growing list of hedge fund and
active trading market clients,” Storms adds. “This release continues to set
the stage for even greater functional enhancements across the platform as we
simultaneously expand our scale and simplify our activation process, which
enables us to get clients live and trading in a matter of days. Everything
we do is focused on creating the most robust and complete environment to
help our clients thrive.”
Liquid serves a growing number of hedge fund clients with a platform that
address the front, middle and back office. By partnering with Liquid,
emerging hedge funds are able to implement a single solution without the
typical implementation and vendor drag associated with software purchases.
Existing hedge funds and active traders are able to replace multiple legacy
software systems and realise cost savings and operational efficiencies due
to Liquid’s SaaS delivery model and outsourced managed services such as
disaster recovery, corporate actions and security master maintenance.
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