OpHedge Investment Services, LLC, has gone live with the GoldenSource Securities & Products application, which helps streamline the company’s data into master storage instrument. The application centralizes the security master data from multiple providers and publishes it to OpHedge’s internal securities and exotics trading systems.
“One of the biggest benefits of this platform for OpHedge is the ability to host multiple golden copies of data, allowing us to deliver la carte data services to our clients,” says Jeff Li, chief technology officer of OpHedge. “By providing services to the alternative investment management industry, we are dealing with one of the most volatile and dynamic trading environments. The GoldenSource solution helps us manage such complex data.”
“Hedge funds are trading some of the most exotic securities around so clean data is imperative to get a clear picture of their trading positions,” says Jim DeCicco, North America vice president of product services at GoldenSource. “OpHedge needs to be able to customize and deliver that data to their clients and the GoldenSource Securities & Products solution gives them the flexibility to do so.”