Date: 25 August 2016
A new London based hedge fund with over $400m AUM that uses Paladyne Portfolio Management System required an automated reconciliation system. Initial data volumes were relatively small but anticipated to grow over time. A full reconciliation at the most granular level was required to tie out any discrepancies with Prime Brokers, Administrators and DTCCThe client needed to put in place a solid and scalable reconciliation process ready for increased volumes and growing assets without the need for additional operations staff.
Watson Wheatley’s iRecs was identified as the best fit for the company due to its ability to heavily automate the daily reconciliation process and its flexibility to add additional interfaces very quickly.Download this case study
Tom has a background in investment operations working for both Bank of New York and Cazenove Capital Management. He previously had a career in motorsport as a driver, instructor and operations manager both in the UK and North America. Tom is studying for an Executive MBA at Oxford Unversity's Saïd Business School.