NorthPoint Launches Multi-Asset Order Management Solution
NorthPoint Solutions, one of the leading business and technology consulting firms serving the alternative investments space, has launched a Multi-Asset Order Management Solution (OMS) specifically designed to enable alternative investment managers to take advantage of trading opportunities in non-traditional assets, while reducing complexity, establishing order and enabling better decisions.
NorthPoint’s Multi-Asset OMS was developed to allow traditional and non-traditional assets to be traded together on a single platform. By consolidating trade capture across all asset classes and integrating order management with other systems in the investment manager’s environment, much of the manual processing can be eliminated, standard workflows can be established, real-time PnL and exposure views can be generated, all while establishing a flexible foundation for growth.
“As the alternative investments space continues to evolve, managers are increasingly combining traditional and non-traditional assets as they seek superior returns, which often exceed the capabilities of commercial OMS. NorthPoint’s OMS was designed specifically to address the order management requirements of managers investing across all asset classes, and provides the flexibility to adapt to new assets and strategies as they arise,” according to Michael Molaro, one of NorthPoint's founding partners.
NorthPoint’s Multi-Asset OMS easily integrates with many popular commercial software and service providers to create an extensible platform across the entire fund environment. NorthPoint’s architecture and embedded Securities Master simplify integration with external and internal systems including market data, prime brokers, execution platforms, fund administrators, as well as accounting, risk and pricing solutions. Data mapping and transformation utilities within the Securities Master allow additional systems to be easily added as fund environments evolve.
NorthPoint’s embedded Securities Master provides a single point of control for managing reference and pricing information across all asset classes. Pricing and reference data is kept current by auto-reconciling with market data sources to guarantee accuracy. Creating new asset types and securities is fast and simple and does not require any programming. Adding and changing attributes on a portfolio, issuer, or at a security level can be done on-the-fly by an operations person through a simple Excel-like interface. As new security types are added, corresponding trade entry screens are generated automatically.
NorthPoint’s Multi-Asset OMS was designed around the philosophy that change is inherent as alternative asset managers continuously seek superior returns in new and evolving strategies.
NorthPoint is a premier solutions provider focused on the alternative investments industry. NorthPoint provides tailored business solutions that support client specific investment strategies and business requirements across all asset classes. NorthPoint’s domain experts have a deep understanding of the systems, asset classes and workflows necessary to develop business solutions that help maximize return, minimize risk, and provide timely and accurate reporting to all stakeholders. The firm enjoys high levels of customer satisfaction among its clients who include some of the industry’s largest hedge funds, fund of hedge funds and traditional asset managers.
Visit http://www.northps.com or call Paul Jessup, Head of Business Development and Strategic Relations at (212) 819-1700.
