VitalVest launches hedge fund middle-office solutions

VitalVest has unveiled Hedge Fund Middle Office, a suite of operational solutions for hedge funds operating in North America, Latin America, Europe and Asia-Pacific.

Hedge Fund Middle Office includes a range of scalable, modular post-trade and pre-settlement services. The services are global and include technology solutions that help manage daily trade processing and profit-and-loss reporting, over-the-counter confirmation and valuation, collateral management, corporate action processing and cash management.

In addition, the solution allows hedge funds to move to a more variable operational cost model, which VitalVest said is an attractive feature in the current cost-constrained environment.

If you are interested in learning more about middle-office solutions offered by VitalVest, please feel free to email us for more info at info@vitalvest.com

 

Future trends and technology investment for High Speed and Secure Trading System!

The financial services industry has changed drastically and evolved greatly owing to the economic crisis,
regulatory issues, competitive pressures and increasing customer needs. Today, IT plays a significant role
as a major operative and competitive requirement for financial institutions. Thus changing the future trends
and technology investment in Mobile Trading applications and High frequency trading (HFT)/ Algorithmic trading
(Algo trading)
Here are few technology trends or recommended improvements every investment bank must take note of :

Faster and better and mobile electronic trading systems will continue increased IT spending
Increased focus on electronic trading, including Ultra lower latency, co-location and access to new electronic
trading venues like mobile trading and direct data feeds from exchanges
Increased spending on derivative trading systems, both for ETD and OTC :
Both ETD and OTC derivatives will see an increase in volume; and with new rules (dodd frank bill) requiring
OTC products to move onto exchanges, with CCPs acting as clearers, new systems will have to be put
into place to manage the required collateral and margin.
Firms will have to invest in upgrading their risk management system :
Increased trading volumes, faster trading, more diverse types of securities traded, and new margining
and collateral rules will require that firms have capable risk management systems
Improving front-office, middle office and back office system capabilities
Firms will continue their perennial struggle to improve their middle and back office systems in order to
keep up with the ever increasing amount of trade volume – driven higher more quickly by the increase in
electronic trading systems. Wealth management firms will focus on upgrading advisor workstations and facilitating
customer communication
A focus on integration of multi-platform
New trend is to work off a single platform across the enterprise. Wealth management firms will continue to
focus on process and data integration.

Mobile Investment Banking Applications and Devices a must !

With rise of handheld computing devices, Tablets, Smartphone or web connected mobile phones, Consumers are increasingly using mobile devices to manage and monitor their investment activities. Modern devices like iPhone, iPad, BlackBerry, Windows 7 Phone, Tablets, Android phone have made it easy for users to check their watch list, view real time quotes, study research and news, manage portfolios, trade live (Stocks, Forex, Commodities), EFT’s or Options from anywhere.

Merrill Lynch is the latest of an increasing number of investment banks to offer account services through mobile device applications. Merrill Edge and MyMerrill joined a host of iOS offerings which includes Chase Bank(JPM), Capital One (COF) and Citibank (C). Bank of America and Chase Bank also offer Android mobile banking apps, and the iPad has additional capability compared to the other devices in the new Merrill Lynch apps. The iPad apps offer more features including personalized dashboards and access to the latest research reports from BofA Merrill Lynch Global Research.

Citi announced the launch of Citi Issuer Access, a tablet-based suite of capital markets content designed specifically for issuers involved in the capital formation process. The content will be available on the iPad. Citi said it will be available on all tablets that have Safari browser, such as the iPad. As part of this initiative, issuers will receive dedicated tablet computers pre-loaded with a comprehensive suite of applications, including a real time issuer view into the order book, access to investor profiles, dynamic roadshow travel and meeting schedule, post-pricing investor relations services and support. Each tablet will be delivered pre-loaded with the following Citi Issuer Access suite of applications: An issuer view into the syndicate bookbuilding application to see the order book real time along with offering feedback, as well as a detailed roadshow travel and meeting schedule; and in-depth investor profiles, including portfolio characteristics, holdings, and investment approach. Other features include live access to the Bigdough database of institutional contacts and advanced investor screening tools and real time market intelligence, quotes and news.