SS&C Rolls Out Front-to-Back Hedge Fund Technology Platform

SS&C Technologies has launched an integrated front-to-back-office technology platform for hedge funds, and has gone live with HITE Hedge Asset Management as a client for the offering.

On the front end, the offering features an order management system (OMS) that includes features such as trading and execution management tools, real-time P&L, FIX connectivity, a mobile app for performance information and hosting facilities.

This OMS can be combined with SS&C’s middle- and back-office services to create an end-to-end-solution with services such as pre-trade compliance, trade execution, portfolio management, NAV, risk and regulatory reporting.

“With SS&C as our trusted administrator, it made sense to look to them to provide a fully integrated solution for us to build our business and not have to worry about managing multiple vendors,” says James Conant, chief financial and compliance officer, HITE, a long-time fund administration client of SS&C. “The breadth of investment management tools and the ability to call one number for support was compelling, along with their straight-forward business model that minimizes costs down to our trading partners. The solution will provide us with the right platform to manage our capital and risk efficiently.”

“We are pleased to have HITE as our newest front- to back-office hedge fund solution client. They needed a turnkey comprehensive and reliable investment technology platform so they could execute their investment philosophy and focus on growing their business,” says Bill Stone, chairman and CEO, SS&C Technologies. “With our hosted integrated solution, we take care of the technology and operational expertise and HITE takes care of investing.”