18 October 2017
visit www.avoka.com

FNX launches hosted hedge fund service

06 April 2004  |  2233 views  |  0 FNX launches hosted hedge fund service

Philadelphia-based trading technology vendor FNX Limited has launched Aspen Hedge, a managed ASP system for buy-side firms.

The Web-based platform is designed to support all hedge fund products - including foreign exchange and equities to exotic options, fixed income and derivatives - and provides deal capture, P&L, best of breed analytics, risk management tools and interfacing capabilities.

The Aspen Hedge service also features a data management function and provides market rates and independent valuation of financial portfolios.

FNX is setting up a new operating division to manage the service and has contracted with a hosting provider for network security. Access to the system is controlled with firewalls and digital certificates using 128-bit encryption. Within the application, authorisation is managed with a policy server using a layered security model.

Farid Naib, FNX's CEO, says: "Our data servicing, our secure infrastructure, and our risk and portfolio management tools will prove to be a very valuable asset in the operations of our clients."

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

FNX extends FirstOrder to support fixed income

FNX extends FirstOrder to support fixed income

21 November 2003  |  2270 views  |  0 comments
SunGard launches hosted HedgePower service in Europe

SunGard launches hosted HedgePower service in Europe

20 November 2003  |  3706 views  |  0 comments
FNX uses Swift MT500s for fixed income clearing connectivity

FNX uses Swift MT500s for fixed income clearing connectivity

07 November 2003  |  1996 views  |  0 comments
Luminary Capital Management live with FNX SierraASP service

Luminary Capital Management live with FNX SierraASP service

08 October 2003  |  2049 views  |  0 comments
Brief: FNX appoints Collin Cohen to board of directors

Brief: FNX appoints Collin Cohen to board of directors

02 October 2003  |  1902 views  |  0 comments
FNX adds real-time blotter to Sierra trading system

FNX adds real-time blotter to Sierra trading system

25 September 2003  |  2147 views  |  0 comments
FNX opens Serbian product quality centre

FNX opens Serbian product quality centre

31 July 2003  |  2060 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.capgemini.comvisit www.vasco.com

Top topics

Most viewed Most shared
Ripple looks to drive bank adoption with $300m XRP rebate programmeRipple looks to drive bank adoption with $...
15266 views comments | 12 tweets | 4 linkedin
Swift positive on blockchain, but big challenges remainSwift positive on blockchain, but big chal...
8462 views comments | 16 tweets | 21 linkedin
hands typing furiouslyHow artificial intelligence can deliver a...
7955 views 0 | 7 tweets | 9 linkedin
satelliteGates Foundation backs Ripple collaboratio...
7428 views comments | 13 tweets | 8 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
6582 views comments | 8 tweets | 16 linkedin

Featured job

A minimum of £200K (not a limiting factor)
London

Find your next job