New York-based Liquid Holdings has released its new LiquidFIRM cloud-based pre-and post-trade risk management platform for the hedge-fund service community.
The new offering integrates with real-time order, execution and risk management platforms and provides an aggregated view of market exposure across separately managed accounts.
Designed for multi-manager allocation platforms, separately managed accounts, clearing firms, prime brokers, family offices and prop trading shops, the platform provides includes reporting features for shadow net asset value as well as drill-down capabilities at the client-, asset- or issue-level. It also allows the firms to observe the fund managers they work with, ensuring all investment activity adhere to each manager’s respective investment mandate.
“Our discussions with other hedge fund service providers uncovered a need for a firm-wide risk solution that dynamically monitors P&L, performance, stress, shocks, and liquidity as well as pre-trade compliance across multiple client accounts, and down to the level of granularity required to oversee each account,” said Julia Bronson, executive vice president at Liquid Holdings. “LiquidFIRM was purpose-built to address these needs in real time, while providing clients with additional value including outsourced middle-office services to accurately price all portfolios on a nightly basis and secure access to the solution all-the-time, everywhere through our private cloud.”
The Liquid Holdings risk analytics team who supports the platform is comprised of members who have an average of 18 years of risk and investment management experience working for such firms like ABN Amro, Bank of America, Credit Suisse, Goldman Sachs, Nexus Capital and Soros Fund Management.