Hong Kong- based hedge fund manager with over $1 billion in assets under management, Nezu Asia Limited, has selected and deployed Portwares Enterprise trading system firm-wide.
Portware supports every aspect of Nezus trading operations order management, trade management, and execution with a complete, end-to-end solution. In addition to using Portware for advanced, multi-asset trade execution, Nezu leverages Portwares integrated order management functionality to enhance communications between portfolio managers and traders, eliminating workflow inefficiencies and driving down trading costs.
“The Asian market is changing rapidly, with strong growth in electronic trading, new execution venues and increased use of algorithms. Nezu needed an advanced, broker-neutral trading solution that was flexible enough to meet our emerging business requirements and scale as our firm grows.
“As a firm that manages multiple funds and strategies, we also wanted a system that could help our traders and portfolio managers work together more efficiently. Portware met all of these requirements, offering a comprehensive, integrated trading system that supports our advanced trading operations and addresses our internal workflow challenges. In addition, Portware exceeded our local support requirements with a dedicated and highly experienced team that worked closely with us to ensure a smooth product roll out,” says Nick Longcroft, Nezu Asia Limited.
“Firms in the Asia Pacific region are increasingly focused on reducing trading costs, improving efficiencies and pursuing best execution via flexible and scalable trading platforms. Nezus decision to deploy Portware shows the extent to which firms are seeking advanced tools to help them navigate a rapidly changing global marketplace,” says Scott DePetris, global head of Accounts, Portware.
“A growing number of financial institutions in the Asia Pacific region are embracing opportunities to trade electronically and to introduce new strategies into the market place. We look forward to working closely with Nezu and are committed to providing best-in-class trading solutions and unparalleled client support worldwide,” adds Eric Goldberg, CEO, Portware.