Following the success of Optima/Broker, the cross margin platform for prime brokers, Syncova are to launch their hedge fund margin and funding platform, OPTIMA/Fund.
OPTIMA/Fund enables the hedge fund to replicate the margin requirement models of its prime brokers and other counterparties. In addition, it also provides facilities to reconcile portfolio values and requirements against the broker reports; attribute cost of capital down to trader, strategy, deal block or any required level; optimise portfolio placement across broker accounts to maximise leverage or reduce funding costs and create any portfolio alerts or traffic lights using Optima’s core rules engine.
With the ongoing development of the hedge fund industry and as more traditional investors enter the market, there is a growing need for funds to strengthen their portfolio finance functions and to implement stringent controls around their counterparty relationships and legal agreements.
OPTIMA/Fund provides the tools to manage an area that has historically been too complex for in house applications or spreadsheets.