Gemini signs for SunGard's Hedge360

Source: SunGard

Gemini Hedge Fund Services, LLC, a U.S.-based hedge fund administrator, has chosen SunGard's Hedge360, a front-to-back office hedge fund investment management application suite, as its platform of choice.

Hedge360 will enable Gemini Hedge to increase operational efficiency to better service its clients through automating processes, simplifying workflows and reducing the risks associated with manual entries.

Gemini Hedge sought a solution that could help its portfolio managers customize their portfolio management, risk, IT and reporting requirements with a swift time-to-market.

"The ability to choose tailored components of the investment management suite to meet our specific automation requirements was a key element of our decision. We conducted a detailed evaluation of available solutions. The superior capabilities of SunGard's Hedge360, coupled with its strong reputation and unified team support, offered us the optimal solution to help our fast-growing client base." - David Young, President, Gemini Hedge

"We are seeing institutional credibility as a matter of preeminent concern across the hedge funds industry. To achieve this means that firms are now heavily reliant on their technological infrastructure. Cost-effective and integrated portfolio management platforms like Hedge360 are, therefore, of vital importance in helping firms like Gemini Hedge achieve operational efficiency and, ultimately, institutional credibility." - Rob MacKay, chief operating officer , Hedge360

Hedge360 allows customers to choose features and functions to customize their solution suite. Using components of SunGard's Front Arena, APT and VPM solutions, Hedge360 will provide Gemini Hedge with the ability to remain innovative, as it can use additional functionality as its business grows and needs evolve.

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