Kempen Capital Management (Kempen), a boutique asset manager with offices in Amsterdam and Edinburgh, announced on Tuesday it is set to use all three elements of Capstone, Fidessa LatentZero’s front-office software suite.
"For a boutique asset manager, focus in our activities is key," says Paul Gerla, managing director, Kempen. "We wanted to have the right tools in place to enable our portfolio managers, traders and compliance officers to concentrate completely on client portfolios as well as our specialised investment funds and fiduciary management solutions for pension funds.
Kempen says it undertook an evaluation process and investigated products from a number of vendors. "Each individual element of the Capstone suite was appropriate for us," explains Gerla.
By choosing Fidessa LatentZero, Kempen says it will be able to take advantage of Capstone Tesseract, its portfolio analysis, scenario modelling and order generation software, Capstone Minerva OEMS, its order management, trading and execution system and Capstone Sentinel, the pre-and post-trade investment compliance solution.
"Capstone Tesseract has the functionality to manage portfolios efficiently, while Capstone Minerva gives our traders value by providing access to Fidessa LatentZero's trading network LTN, a fully managed service that provides FIX connectivity over the Fidessa network," explains Gerla. "For our compliance team, Capstone Sentinel is a tool that offers restriction checks at every stage of the investment process," he adds.
Kempen has already gone live with Capstone for equities and will be adding fixed income and derivatives in the coming months.
"The initial feedback to the solution has been very positive," comments Gerla. "The project has gone well for us and we are pleased to have such a robust front-office system in place," he says.