VanthedgePoint will use Phase3 and Margin Advisor to help deliver operations and margin services to its hedge fund customers, and support its introduction of options trading. “We are pleased that VanthedgePoint has selected Phase3 and Margin Advisor to support its platform for small hedge funds,†said Gerard Murphy, president of SunGard’s Phase3 business unit. “With Phase3’s multi-asset books and records processing and Margin Advisor’s advanced cross-margin capabilities, SunGard provides VanthedgePoint with an experienced resource for helping to deliver a range of services, typical of large multi-billion dollar funds, that are vital to their clients’ success.â€Â
Geoffrey M. Tudisco, chief executive officer and founder of VanthedgePoint Group, said, “Our goal is to deliver an integrated suite of high quality, cost-effective services that help empower our small hedge fund customers and meet our time-to-market requirements. We chose Phase3 and Margin Advisor for their real-time processing capabilities and flexible technology infrastructure, and because Phase3’s comprehensive capabilities help us to expand our product offering quickly to meet client demand. We chose SunGard for its stability, vision and sensitivity to our short- and long-term business needs.â€Â
Both solutions will be delivered in an ASP environment, scheduled to go live at VanthedgePoint this month.
Alex Akesson
Contributing Writer
HedgeCo.Net
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