Nicholas-Applegate Capital Management (NACM), a San Diego-based investment firm, will use all three elements of Capstone, the front-office software suite from Fidessa LatentZero. The suite incorporates Sentinel for pre- and post-trade compliance; Tesseract for portfolio analysis, scenario modelling and order generation; and Minerva for order management and trading.
“Our portfolio managers liked Capstone Tesseract’s functionality, particularly its ability to analyse portfolios against models and benchmarks, perform “what if” scenarios and set-up multiple tabs, each with a different set of accounts, models and construct,” explains Sean Hudson, manager of investment and compliance systems, NACM.
“Capstone Minerva gives our traders lots of options,” continues Hudson. “They liked the fact that it is a true real-time platform, with highly configurable workflows and trade screens.
It enables them to manage order flows from different managers on one blotter, provides access to the industry-leading data providers through pre-built feeds, filters information, and presents users with a consolidated view of their current positions, relationships and activity across all asset classes.”
NACM is also looking to use Fidessa LatentZero’s new execution management system (EMS) module, which provides an audit trail of all order management system (OMS) activity and related market data to support compliance with buy-side MiFID requirements.