5:15 Capital Management, LLC has selected SunGard's Front Arena for trade processing, valuations of OTC derivatives, risk management and portfolio analytics.
Front Arena is a cross-asset solution that provides trade capture, real-time profit and loss, position control and risk management capabilities for hedge funds and other alternative investment managers and financial institutions. It helps customers grow their businesses and better manage portfolio risk by helping establish more efficient operational procedures and controls.
Front Arena's broad asset class coverage helps customers expand into new instruments and strategies quickly and easily. Its open and extendable framework also allows firms to add proprietary and external models and analytics to implement new trading strategies.
Martin Boyd, president of SunGard's asset management business, said, "Today's economy, combined with increased competition and greater scrutiny from investors, is driving alternative investment firms to seek technology that can help them grow with improved efficiency and transparency. SunGard's Front Arena provides the automation, auditability and scalability to support the expansion strategies of hedge funds like 5:15 Capital Management."