Sat, Jul 2, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Northpoint introduces rules based allocations solution

Tuesday, January 10, 2012
NorthPoint®, a leading technology consulting and systems integration firm for Asset Managers and Hedge Funds, has introduced a dynamic, rules-based allocations solution to ensure compliance and provide asset management firms with comprehensive controls that are critical to their firms’ long-term success.

“The asset management landscape is becoming more complex due to the introduction of unique instruments, sophisticated portfolio strategies, and specialty mandates,” said Joseph Amarante, Managing Partner of NorthPoint’s Financial Services Division. “Investors are demanding more transparency and in-depth due diligence from firms, especially with their trade allocation processes, data, and operational controls. It has not only become imperative for Asset Managers to implement compliance and operational processes that improve oversight and enhance decision-making, but also to provide these key processes in a way that systematically codifies their business and decision rules within their core Order Management Systems (OMS).”

NorthPoint’s dynamic, rules-based allocations solution has been successfully deployed across several of NorthPoint’s asset management clients, integrating seamlessly with both off-the-shelf and custom trade order management systems. Some of the benefits of the solution include:

  • Automatic trade allocation based on eligibility requirements and on any given portfolio weighting such as market value, exposure, and others
  • A predefined set of rules, rule “types,” and rule groupings for compliance and eligibility checks, and a standardized model for end user definition of new rule types and rule groupings
  • A user-friendly interface so that Risk and Operations personnel can easily review the status/results brought back by the allocations engine in a tabular and drill-down format
  • Seamless integration with other third-party compliance tools

“We recognize the drivers of compliance and the internal and external areas of risk. Solutions such as the NorthPoint Allocations engine equip our clients to meet many of the challenges of regulatory compliance, allocations, and investor due diligence. By demonstrating such adherence to strict allocations and compliance standards, clients can gain a competitive advantage in maintaining credibility and attracting and retaining assets,” said Johan Glozman, Partner/Vice President, NorthPoint’s Financial Services Division.

Press Release

BM

 

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
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. Investing - Soros, Druckenmiller among hedgies profiting in market plunge, Hedge funds were most bullish on bonds since 2004 before Brexit, Surprise Brexit vote unleashes scramble for dollars, High-yield hit on Brexit but no panic selling, Scientist turned hedge fund founder lured to pound, euro, Hedge fund avoids commodities, posts big gains[more]

    Soros, Druckenmiller among hedgies profiting in market plunge From HITC.com: Bullish positions in gold and volatility and well-timed short bets on China and emerging markets, among other areas, were some of the trades that benefited hedge funds on Friday as markets digested Britons' s

  2. Manager Profile - A 26-year old hedge fund manager called Brexit — here's what he thinks about the historic vote[more]

    From Businessinsider.com: Taylor Mann is not your typical fund manager. The twenty-six year old Texas A&M graduate manages Pine Capital in Larue, Texas (population 160), where he resides with his three-year old daughter. Also atypical compared with many of the largest funds out there, Mann makes

  3. Chesapeake Partners to liquidate hedge fund amidst 'hostile environment'[more]

    Komfie Manalo, Opalesque Asia: Chesapeake Partners Management, the hedge fund run by woman fund manager Traci Lerner said it would return investors’ money after 25 years because the market environment has become "hostile" to manage other people’s money, reported

  4. Europe - George Soros says Brexit has ‘unleashed’ a financial markets crisis, Brexit—what we know, Will the UK’s departure be a ‘soft-Brexit’ or a ‘hard-Brexit’?, Brexit: Six-point action plan for asset managers[more]

    George Soros says Brexit has ‘unleashed’ a financial markets crisis From Bloomberg.com: Britain’s decision to leave the European Union has “unleashed” a crisis in financial markets similar to the global financial crisis of 2007 and 2008, George Soros told the European Parliament in Bruss

  5. Hedge Fund Due Diligence Exchange offers complete due diligence reports at $1500[more]

    Matthias Knab, Opalesque: HFDDX is offering complete alternative investment due diligence reports at $1500 US. Industry professionals can simply go to www.hfddx.com and indicate their interest in sponsoring one or more DD Reports for $1500 each.