Infonic Unveils Latest Version of Fund Of Fund Software

Aug 26 2009 | 9:14am ET

Infonic AG, provider of HedgeSphere, has released the latest version of its software suite aimed at fund of hedge funds.

The latest version offers new functionality for portfolio administration and the middle office, providing managers with greater liquidity control, asset management, transparency and investor servicing.

The HedgeSphere suite is comprised of two products, HedgeSphere PAD, for portfolio administration, and HedgeSphere MO, for portfolio management, planning and dealing. In this latest release, HedgeSphere PAD provides enhanced capabilities for the calculation and processing of investor fees, including: in-advance fee calculations, automated fee crystallization and investor equalization tracking. In addition, HedgeSphere PAD now supports natural hedging and provides real-time views of cash available across accounting entities. Version 4.3 of HedgeSphere MO provides improved trading workflow and exchange of information among portfolio managers, as well as enhanced equity exposure analysis.

“For many funds of hedge funds, including those with complex portfolio structures, management and incentive fees are still calculated manually—a time consuming and error-prone process. This is an area of supreme client sensitivity, being the primary source of revenue for the management function and a major factor in liability and credibility in administration,” said Thomas Furrer, CEO of Infonic. “HedgeSphere PAD 4.3 provides advanced automation to simplify and streamline the fee calculation process, providing near-real time availability, improving accuracy and transparency over fees and their attribution to investors.”

In addition to enhanced fee calculation, HedgeSphere PAD handles multi-level accounting, hedge fund pricing, NAV, multi-currency cash management and cross-portfolio rebates. HedgeSphere MO offers scenario-based visual trade planning, cash and FX Management, dealing and liquidity term support, allocation breakdown and pre-trade compliance checking. It also offers trade approval, instruction and tracking workflow with an open interface to external systems. 


In Depth

Firm Focus: Sustainable Insight Capital Bullish On ESG

Aug 12 2014 | 9:18am ET

Bruce Kahn spent over 15 years as a research scientist/consultant on environmental...

Lifestyle

Viking Manager In Rent Dispute

Aug 11 2014 | 4:14am ET

A hedge fund manager is demanding most of his money back from his former landlord...

Guest Contributor

Majority Of Inflows Go To Brand Name Hedge Funds

Aug 12 2014 | 9:00am ET

Since the market correction of 2008, a vast majority of hedge fund net asset flows...

 

Editor's Note

 

Futures Magazine

PREVIEW July/August 2014 Cover

Inside Futures' 500th Issue

The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.

The Alpha Pages

TAP July/August 2014 Cover

Real talk on alternative investments, business & finance

The Alpha Pages Editor's Note