Lighthouse Investment Partners, a fund of hedge funds, has tapped SS&C’s Managed IT Services to modernize key elements of its technology infrastructure and support the firm’s long-term IT strategy to boost operational scalability, officials say. Part of that long-term effort is a strengthening of cybersecurity capabilities and streamlining global technology operations. “This transformation delivers a… Read More >>
Hudson Bay Capital Management Taps SS&C GlobeOp
Hudson Bay Capital Management has tapped SS&C GlobeOp to be its fund administrator, which is in addition to the multi-strategy investment firm’s usage of trade operations and investor support solutions from SS&C Technologies, officials say. Hudson Bay, which is headquartered in Greenwich, Conn., picked SS&C “after a thorough evaluation process,” according to the official announcement…. Read More >>
FinTech Brief: DTCC’s AIP Services Gains Funds & Clients
DTCC officials have announced a milestone for its Alternative Investment Product Services (AIP), which has had a 20 percent increase in the number of funds to 10,000-plus unique funds. In addition, the number of AIP clients has risen to more than 2,200, an increase of 28 percent. These increases occurred over the past year. The… Read More >>
The SEC Wants More Reporting via Form PF
An important regulatory change got lost in the avalanche of news we deal with every day — the SEC is adopting amendments to Form PF, the confidential reporting form launched 12 years ago for hedge funds and private equity funds. “Currently, advisers to private funds file Form PF on a quarterly or annual basis, depending… Read More >>
Virtus Partners Puts SunGard Wares at the Core of New Service
Service provider Virtus Partners recently launched a hedge fund administration service that uses SunGard’s VPM and Hedge360 solutions, a development Vsays is the result of opportunities created by a shake-up in the fund administration space. Virtus Partners provides fixed-income collateral administrative services and data on structured and non-structured transactions for a variety of investment vehicles,… Read More >>
