SunGard has announced its platform, Front Arena, is selected by 5:15 Capital Management for trade processing, OTC derivative valuations, risk management and portfolio analytics.
Front Arena is a cross-asset solution that provides trade capture, real-time profit and loss, position control and risk management capabilities for hedge funds and other alternative investment managers and financial institutions. It helps customers grow their businesses and better manage portfolio risk by helping establish more efficient operational procedures and controls.
Martin Boyd, president of SunGard’s asset management business, said, “Today’s economy, combined with increased competition and greater scrutiny from investors, is driving alternative investment firms to seek technology that can help them grow with improved efficiency and transparency. SunGard’s Front Arena provides the automation, auditability and scalability to support the expansion strategies of hedge funds like 5:15 Capital Management.”
Front Arena’s open and extendable framework allows firms to add proprietary and external models and analytics to implement new trading strategies. It also allows managers, operations and middle office staff to view and manage portfolios, trades, profit and loss accounts and cash from the highest level as well as customise reports according to required criteria.
