NBCN and StraightThrough launch investment management portal for hedge funds

Source: National Bank Correspondent Network

National Bank Correspondent Network (NBCN) and StraightThrough Inc. announced today that they had completed the initial implementation of PrimeVue – an exclusive investment management portal for hedge funds based on the StraightThrough OnDemand real time portfolio management system.

PrimeVue interfaces to NBCN back office systems to present hedge funds with an integrated view of their fund activities across all asset types. Hedge funds have access to a large variety of reports and screen views to help meet their operational needs. They also have access to historical data and if desired, PrimeVue can be upgraded with minimal effort to include advanced portfolio modeling, compliance checking and order routing capabilities.

"PrimeVue allows NBCN to provide hedge funds with the reporting capabilities of the top prime brokers," said James Niosi, Vice President, Prime Brokerage, NBCN. "In addition, the real time portfolio management capabilities of StraightThrough OnDemand give NBCN a competitive advantage making PrimeVue a unique value proposition for our hedge fund clients."

John Wherry, StraightThrough's CEO added, "The success of PrimeVue validates that hosted applications like StraightThrough OnDemand are clearly strategic. Besides helping hedge funds meet their business objectives through automation and operational risk reduction, we also assist them by offering a fully hosted solution."

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