Client Overview

Our client, a global hedge fund boasting over $ billion AUM, manages diverse funds across multiple prime brokers, showcasing a dynamic and expansive portfolio.

The Challenge

The client grappled with a legacy accounting system characterized by a cumbersome trade workflow, ill-equipped to handle the increasing complexity of their expanding assets and funds. Their imperative was clear: they needed an OEMS to:

- Streamline trade operations.

- Efficiently route trades to multiple brokers using broker Algos.

- Implement pre- and post-trade compliance rules.

- Facilitate real-time portfolio management.

- Seamlessly integrate with their existing accounting system without disrupting a platform holding a decade's worth of historical data.

The Solution

Nirvāna's modular design emerged as the optimal solution to address the client's multifaceted challenge. By integrating Nirvāna's robust OEMS with their existing portfolio accounting system, the client unlocked a myriad of benefits:

Enhanced Workflow Optimization: The integration allowed for seamless routing of trades to multiple brokers, leveraging broker Algos, thereby optimizing the trade process and achieving best execution.

Automated Allocations: Nirvāna's OEMS facilitated automated allocations across multiple vehicles and counterparties, streamlining trade operations from front to back office.

Compliance Implementation: Pre and post-trade compliance rules were seamlessly implemented, ensuring regulatory adherence and risk mitigation in real-time.

Real-Time Portfolio Management: The client gained access to real-time portfolio management capabilities, enabling swift and informed decision-making.

Non-disruptive Integration: Crucially, Nirvāna's solution seamlessly integrated with the client's existing accounting system without disrupting the platform housing a decade's worth of historical data, ensuring continuity and data integrity.

Outcome

Through the implementation of Nirvāna's modular OEMS integration, the global hedge fund successfully navigated the complexities of their trade operations while bolstering efficiency and compliance. This strategic partnership empowered the client to optimize their workflow, adapt to evolving market demands, and maintain a competitive edge in the dynamic landscape of hedge fund management.