City Fund Management Limited (CFM) the London based hedge fund, proprietary investment group and trading academy have recently chosen MarginClick, the online derivatives margin engine to further enhance their risk management process.
Chris Lee, Chairman at CFM comments, "Since inception over 10 years ago we have built our business around a model of higher returns with controlled risk within our CFM Constellation Fund of Funds and other products. With our increasing volume of trading we needed a specialist technology tool to monitor and report on intra-day margin activities and limits. After an exhaustive survey we chose MarginClick as the right engine to suit our needs."
Initially MarginClick will be used to manage margin risk on a real-time basis connecting trading data from front end ISV's and clearing broker information, although more extensive integration and uses are being considered.
"We are delighted that CFM have decided to work with us," says Patrick Thornton-Smith, MD at MarginClick. "This choice is just the beginning as we are already working with CFM to listen to their needs as a leading hedge fund manager to deliver additional products and services across the range of our Oracle database solutions including Risk-Watch."