hedge funds
Demonstrating thorough risk management controls to restore investor confidence,
whilst staying ahead with innovative products.
Turbulent market conditions have seen Hedge Funds consolidate with pressure to both
cut costs and continue to develop new strategies and generally stay ahead.
Investor confidence is being restored with extensive due diligence demanding that
the very best risk management infrastructure is in place to secure their investment.
Only with this belief, can a hedge fund attract investment to allow its talented
individuals to develop and use the latest derivative products to maximise returns
for their clients.
quick to market with “out of the box” connections
Derivation has a wide range of hedge funds clients from absolute returns to global
macro. Most want a single solution and all want to understand their risk exposure
as well as needing some of the following key features to get them operational quickly:
- A software platform that is both affordable now and will scale with the growth of
the fund in the long-term
- Quick to implement “out of the box” interfaces to prime brokers, administrators,
trading platforms & data providers
- Flexible tools to reconcile transactions, positions & cash; with real-time P&L and
NAV
- Trader, hedging & stress testing risk functionality; as well as a VaR reporting
suite
robust, scalable software platform
Derivation is engineered by computer scientists to be scalable to run in the largest
investment companies in the world, with such key features as:
- Dealing extremely high trade volumes, avoiding bottlenecks maintaining performance
- Calculating 10,000s derivatives in real-time
- Open systems architecture, allowing in-house model integration
- Quick to implement with “out of the box” APIs for trades, analytics and all market
data, capable of easily integrating with any in-house system
- Regularly deployed across multiple continents running multiple “end of days”
key features for Hedge Funds
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- Multi-level views, funds, books
& strategies...
- Excel feel, customisable display of 1000s columns
- Display positions and entire markets of instruments
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- Trade files to/from prime brokers &
administrators
- Real-time connections to trading platforms
- Easy to reconcile transactions, positions & cash
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- Flexible scenario analysis & stress testing
- Historic VaR risk reporting
- Complete risk concentration and drill-down
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- Tick by tick P&L with alerts/colouring
- View by any period: Daily, MTD, YTD, Lifetime
- Backdated changes with full trade audit
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- Greeks: Delta, Gamma, Vega, Theta, Rho...
- Implied: Volatility, Credit Spreads & Yield
- Historic analytics and charting
service
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- Pop up calculators producing “on the fly” theoretical pricing and analytics
- Easy to use new issue calculator
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- Worksheets can be filtered, sorted
and aggregated
- Sophisticated search functions allow users to drill down
to information quickly
- User defined formulae can be used in any worksheet for
complete customisation
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- Bloomberg and Reuters for real-time
pricing
- Automatically load terms data from
Bloomberg, Reuters and MACE
- Credit spread data from CMA
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