Tuesday, 21 October 2014
Last updated 10 min ago
Apr 23 2013 | 10:04am ET
IT services firm Virtusa Corporation has launched a compliance software suite for alternative investment advisers.
Csalt is a suite of compliance solutions designed and built to assist managers with global regulatory requirements including Form PF, 13F, annual ADV updates, CPO-PQR, OPERA and the AIFM Directive in Europe.
The suite of solutions allows firms to import, translate and manage data from multiple sources for simplified regulatory and investor reporting, including e-filing where available.
“The data that must be captured for Form PF and other reporting isn’t trivial, and it’s putting significant stress on many organizations,” said Erik DiGiacomo of Virtusa. “These regulations don’t simply create a new set of forms to fill out, they require entirely new processes that must be supported by innovative technology and renewed data management rigor.”
Founded in 1996 and headquartered in Massachusetts, Virtusa provides end-to-end information technology services, including IT consulting, application maintenance, development, systems integration and managed services.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...