Fund Administrator Gemini Chooses SunGard Technology Suite

U.S. based fund administrator Gemini Hedge Fund Services has chosen SunGard’s front-to-back office hedge fund investment management application suite, as its platform of choice.

Gemini Hedge sought a solution that could help its portfolio managers customize their portfolio management, risk, IT and reporting requirements with a swift time-to-market. SunGard’s Hedge360 will help the fund administrator to automate processes, simplify workflows and reduce the risks associated with manual entries.

David Young, president, Gemini Hedge, said: “The ability to choose tailored components of the investment management suite to meet our specific automation requirements was a key element of our decision. We conducted a detailed evaluation of available solutions. The superior capabilities of SunGard’s Hedge360, coupled with its strong reputation and unified team support, offered us the optimal solution to help our fast-growing client base.” –

Rob MacKay, chief operating officer, Hedge360 added: “We are seeing institutional credibility as a matter of preeminent concern across the hedge funds industry. To achieve this means that firms are now heavily reliant on their technological infrastructure. Cost-effective and integrated portfolio management platforms like Hedge360 are, therefore, of vital importance in helping firms like Gemini Hedge achieve operational efficiency and, ultimately, institutional credibility.”