- Global hedge fund
- Over $1.1 billion in assets under management
- Prime brokers: Goldman Sachs, Morgan Stanley
- Fund administrator: Citco
- 60 employees
- Existing technology resources included tools and foundation database developed by in-house IT group
Design and develop an application to facilitate collaborative analysis of macro themes, known as trade ideas, as they relate to trading strategies. Requirements included:
- View of activity organized by the firm’s structures and principles
- Integrated view of strategies comprised of real-time quantitative and qualitative data
- Streamlined procedures like the creation and update of strategies and their relationship to positions
- Integration with Citco (fund administrator) and RiskMetrics (risk management system)
On an aggressive 8-week schedule, Gravitas’ team collaborated with the client’s IT staff and business users to develop an application with the following features:
- Ability to view trading strategies and their associated P&L
- Continuous access to timely information for traders and portfolio managers
- Comprehensive summaries of performance, projections, and risk for management
- Tools that keep pace with the firm’s rapid expansion and support its highly diverse portfolio, dynamic trading style, and state-of-the-art risk monitoring
- Browser-based MS dot-Net architecture
- MS SQL server integrated with third-party transaction systems
- Integration with Citco and RiskMetrics for data and reporting
- Intuitive grid-based interface with spreadsheet-like functionality
- Concurrency controls for simultaneous multi-user access
|
