The MerlinSHARP has minimal implementation requirements as users can access the platform via the internet on a ‘software-as-a-service’ model. Earlier, MerlinSHARP was available to Merlin’s prime brokerage services clients.

Launched in 2004 as one of Merlin’s key products, MerlinSHARP (Shadow, Attribution, Risk, Performance) allows professional investors to aggregate information from multiple prime brokers and custodians and produce customized reports.

The software improves back-office efficiency by streamlining and automating manual processes.

John Quartararo, partner at Merlin, has been named head of sales and marketing for Merlin Technology said.

Quartararo said that Merlin’s approach is to understand and address the needs of our clients and their need to meet the requirements of their investors.

"Now we are able to bring that approach to a much broader universe of money managers, including hedge funds, mutual funds, family offices and high-net-worth individuals.

MerlinSHARP facilitates transaction-based attribution, risk reporting, exposure over time analysis, and custom bucketing of portfolio characteristics. It also includes a customized reporting tool that allows investors to generate reports on-the-fly.