Mon, Oct 24, 2016
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Citadel takes technology offering to market with Citadel Technology

Wednesday, May 29, 2013

Stuart Breslow
Bailey McCann, Opalesque New York:

Citadel Investment Group is a blue chip investment firm, and one of its biggest advantages is its technology. Part of that technology, Omnium, has already been licensed out through Northern Trust. Now, Citadel, through Citadel Technology is offering a new slate of technology services for the buy-side that replicates much of the firms own in-house front office technology. Citadel Technology is licensing this solution out to funds this year.

"We are now bringing Citadel Technology to market with a new front office suite. We have dramatically increased the number of clients using our front office software products in just the past 6 months," says Stuart Breslow from Citadel Technology, in an interview with Opalesque.

The technology offers portfolio managers a real-time view of their portfolio, along with a seamlessly integrated order execution (OEM) module. For risk managers there are also modules that will allow stress testing and risk modeling.

According to Breslow, even though the technology was originally crafted for a large multi-strategy firm small funds or single-strategy funds can still take advantage of Citadel Technology. "The services can scale up or down, and are customizable so we can turn particular modules on and off. The software was built with multi-strategy firms in mind, but if you only do long/short equity, for example, we......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. M&A - U.S. hedge fund HarbourVest is shock winner in the £1.1bn SVG Capital takeover saga, Hedge fund Parvus shows hand, toppling William Hill merger deal[more]

    U.S. hedge fund HarbourVest is shock winner in the £1.1bn SVG Capital takeover saga From The fierce battle to buy Britain's biggest private equity group has come to an unexpected conclusion, with the original bidder walking away with the prize. SVG Capital has agreed

  2. Marc Lasry: Energy is still a phenomenal opportunity[more]

    From Distressed debt specialist Marc Lasry said energy debt is still a "phenomenal opportunity" because investors can get "massively overpaid" for the risk they take on. There are "huge opportunities" in the energy sector especially in restructurings, the Avenue Capital Group CEO said Tues

  3. Opalesque Exclusive: Ex-SAC manager re-emerges with market neutral hedge fund[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: A manager re-emerged from the SAC battleground last year to launch his own hedge fund under the umbrella of New York-based investment firm Endicott Group.

  4. North America - Hedge-fund manager Kyle Bass says the U.S. is on track for stagflation, Billionaire hedge fund titans Dinan, Lasry on election, markets and best investment ideas[more]

    Hedge-fund manager Kyle Bass says the U.S. is on track for stagflation From Kyle Bass, founder of Hayman Capital Management, on Wednesday warned that the U.S. is headed toward so-called stagflation. Stagflation is typically described as persistently high inflation and hi

  5. Other Voices: Follow the advice of investment consultants - I think not[more]

    Mark Rzepczynski, Founding Partner, Chief Investment Officer AMPHI Research and Trading, writes on Harvest Exchange: Investment consultants are a force to the reckoned with in the pension world. They advise and drive many pension decisions around the globe. Consultants literally control trillion