Three hedge funds sign up for LiquidityBook’s platform

LiquidityBook’s POEMS platform combines portfolio, order and execution management systems.

US hedge funds Pier 88 Investment Partners, Zeo Capital Advisors and Solstein Capital have deployed LiquidityBook’s POEMS platform.

LiquidityBook’s portfolio, order and execution management system platform - known as POEMS - includes risk management and reporting for global multi-asset trading.

Pier 88’s chief operating officer, Jackie Fertitta, explained the platform - used to manage trading across four of its funds - was integrated to one fund in just two days.

“The deployment process for an OEMS can be arduous and time-consuming… The LiquidityBook support team, however, was extremely responsive and helpful throughout the entire implementation,” she said.

Zeo Capital Advisors - which manages a long-only, fixed income mutual fund - said the LiquidityBook platform is one of its only infrastructure components not built in-house.

Solstein Capital implemented the POEMS platform for its existing hedge fund and its new long-only strategy launched in the fourth quarter last year.

In December last year, LiquidityBook teamed up with FactSet to integrate real-time global exchange reference and benchmark data into the POEMS platform.

The integration allows the platform’s users to access intraday holdings and portfolio analytics and optimisation tools.