Equipped with a complete fund administration, technology and middle office processing solution, the new tool facilitates fund managers to focus on creating alpha while reducing costs and enhancing control of ongoing operations, leading to stronger controls, maximum transparency and increased investor confidence.
eClerx managing principal for financial services Alberto Corvo said the firm had witnessed an increased demand from emerging hedge fund managers for a complete, integrated operations solution that will enable them to build organizations which can keep up with today’s market conditions.
"TotalHedge3 is a cutting edge solution that provides market leading expertise across operations, technology and fund administration services," Corvo said.
According to the firm, TotalHedge3 will satisfy the needs of institutional investors through a full range of services, including fund incorporation and day-to-day management.
Using multiple services and applications, fund managers can customize the tool as per their requirements to receive that include daily NAV, trade, cash and position settlement across asset classes.
