Argentière Capital, a Switzerland-based alternative investment manager, has implemented Hazeltree’s treasury product suite.
According to Hazeltree the decision will enhance Argentière’s treasury function by reducing operational costs, improving margins through optimisation of liquidity, reducing operational risks and supporting continued growth with improved efficiencies.
Argentière Capital has implemented Hazetree Cash Manager to enable centralised aggregation and monitoring of Argentière’s cash balances across brokers, banks, and other counterparties.
The programme also optimises cash usage and maximises yield while minimising currency risk; and, while enabling cash movements with a fully integrated wire solution.
Argentière Capital has also introduced Hazeltree Collateral Manager to streamline and aggregate Argentière’s over-the-counter (OTC) collateral management activity.
The collateral manager also compares and reconciles internal, independently-valued OTC positions against each counterparty’s view.
Lastly, the investment manager has applied Hazeltree Margin Manager to its systems.
The Margin Manager tracks and manages Argentière’s margin requirements on portfolios at each prime broker to minimise margin use and optimise allocation across all relationships.
Michael Quinlivan, Argentière Capital’s COO and founding partner, said: “As a leading investment manager, we endeavour to continually enhance our ability to provide our investors with consistent returns, minimise our operational risks, and efficiently scale our business.”
He added: “Hazeltree has helped our treasury management function deliver leading-edge capabilities to help further minimise operational risks and provide incremental yield.”
Sameer Shalaby, president and CEO of Hazeltree, commented: “We are pleased to work with an industry-leading investment manager,” said. “We look forward to supporting Argentière’s treasury needs as they continue their successful growth trajectory.”
