23 October 2017

Clarksdale Capital implements SunGard's hosted MicroHedge service

11 July 2007  |  2288 views  |  0 Source: SunGard

SunGard today announced that hedge fund Clarksdale Capital is using SunGard's MicroHedge on a Software-as-a-Service (SaaS) basis for real-time trading, pricing and firm-wide risk management across equities, indices and futures.

MicroHedge helps Clarksdale Capital's event volatility traders to identify opportunities and high priority positions on one screen, evaluate risk across entire portfolios, and execute trades. As a hosted solution, it also helps Clarksdale to meet its time-to-market needs and to reduce infrastructure costs.

Ali Saadatnezhadi, managing director of Clarksdale Capital, said, "SunGard's MicroHedge provides us with a powerful and reliable trading and risk solution. It was fast to implement and our traders were able to quickly and easily get up to speed on it. MicroHedge provides the real-time risk management and volatility skew analysis our traders need to help locate and prioritize opportunities. With the hosted solution, we have been able to reduce infrastructure costs in supporting market data feeds, related communication expenses and IT staff that would be needed to manage the system in-house. MicroHedge's Internet-based delivery platform offers further ease of access from anywhere, providing our end-users with great flexibility."

As an event volatility hedge fund, Clarksdale Capital uses MicroHedge to help locate trading opportunities based on movements in earnings, mergers and acquisitions, news, and other factors. SunGard provides MicroHedge in a hosted environment, and maintains the system along with all market data sources required by Clarksdale. In addition, MicroHedge's real-time capabilities provide traders with the ability to view their positions at the prime broker and execute trades through one connection.

"Hedge funds require sophisticated trading functionality and reliable operational support, and we are pleased that MicroHedge is helping Clarksdale Capital reach its business goals through cost and trading efficiencies," said Peter Hauser, president of SunGard's MicroHedge business unit. "Delivered in a SaaS or hosted environment, MicroHedge helps hedge fund customers to reduce costs and get up and running quickly and confidently, with full access to real-time market data and positions as well as advanced tools for risk management and trade execution."

Comments: (0)

Comment on this story (membership required)

Related company news


Related blogs

Create a blog about this story (membership required)
visit www.vasco.comvisit www.niceactimize.comvisit www.atos.net

Top topics

Most viewed Most shared
Mastercard to roll out blockchain APIMastercard to roll out blockchain API
19607 views comments | 29 tweets | 42 linkedin
HSBC partners Bud for open banking trialHSBC partners Bud for open banking trial
15250 views comments | 23 tweets | 32 linkedin
Sibos 2017: API or the highwaySibos 2017: API or the highway
10999 views comments | 12 tweets | 23 linkedin
Eight banks form joint venture to launch blockchain trade platformEight banks form joint venture to launch b...
9068 views comments | 14 tweets | 28 linkedin

Featured job

Competitive base + commission + benefits
Denmark, Finland, Iceland, Norway or Sweden

Find your next job