Fri, Mar 29, 2024
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Alternative Market Briefing

J.P. Morgan Alternative Investment Services adopts new technology platform to better service hedge funds

Wednesday, October 31, 2018

Laxman Pai, Opalesque Asia:

J.P. Morgan Alternative Investment Services is expanding its strategic partnership with Arcesium Technology, a post-trade technology and professional services firm using a first-of-its-kind technology platform.

"End users are now able to have their own technology, their own data model, and integration to inbound and outbound systems while effortlessly connecting to their administrator for NAV calculation and all investor-related services and communications," said a press release from Arcesium.

J.P. Morgan, the a provider of independent fund administration and comprehensive outsourcing solutions to hedge funds, hybrid funds, and fund of hedge funds, in its partnership with Arcesium as a technology provider, has converted a substantial portion of its Alternative Investment Services business to the new technology platform powered by Arcesium.

The release quoted David Nable, Arcesium's Head of Commercial Strategy as saying: "We are putting best-in-class technology in the hands of clients without the operational burden of keeping those systems in synch with those of the administrator. Clients benefit from flexible, modern tools to run their business, while still maintaining the independence of the fund administrator."

Joan Kehoe, Global Head of J.P. Morgan Alternative Investment Services said: "Sophisticated managers have long maintained internal systems, typically in support of front office activities, but more recently, to shadow ......................

To view our full article Click here

Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. KKR raises $6.4bn for the largest pan-Asia infrastructure fund[more]

    Laxman Pai, Opalesque Asia: The New York-based global investment firm KKR has raised a record $6.4bn for its second Asia-focused infrastructure fund, underlining investors' continued appetite for private markets. According to a media release from the alternative assets manager, the figure top

  2. Bucking the trend, top hedge fund makes plans for a second SPAC[more]

    From Institutional Investor: SPACs aren't dead. At least not to the folks at Cormorant Asset Management. The life sciences firm, whose hedge fund topped its peers in 2023, is confident it will match the success of its first blank-check company. Last week, the life sciences and biopharma speciali

  3. Benefit Street Partners closes fifth fund on $4.7 billion[more]

    Bailey McCann, Opalesque New York: Benefit Street Partners has closed its fifth flagship direct lending vehicle, BSP Debt Fund V, with $4.7 billion of investable capital across the strategy. Benefit Street invests primarily in privately originated, floating rate, senior secured loans. The fun

  4. 4 hedge fund themes that are working in 2024[more]

    From The Street: A poor earnings report from Tesla (TSLA) has not hurt the indexes on Thursday. The decline in Tesla stock, which is losing its position in the Magnificent Seven pantheon, is more than offset by strong earnings from IBM (IBM) and ServiceNow (NOW) . In addition, the much higher-t

  5. Opalesque Exclusive: A global macro fund eyes opportunities in bonds[more]

    Bailey McCann, Opalesque New York for New Managers: Munich-based ThirdYear Capital rebounded in 2023, following a tough year for global macro. The firm's flagship ART Global Macro strategy finished the year up 1