Fully Integrated System offers a Complete Solution
HedgeFacts is a fully integrated technology platform that offers complete partnership and business accounting, clearinghouse reconciliation of trades and positions, powerful performance reporting, real time P/L and risk analysis tools along with streamlined administration functions. Risk Analysis includes Value-at-Risk models, Component VaR and Risk Summary reports as well as Risk Grid for sectors and positions within a portfolio.
HedgeFacts aggregates raw trading and investment data and processed return data. A common database provides access to statements, performance and statistical reports and graphs, risk management and performance attribution among other key functions. The need to integrate multiple software systems to perform various back office processes is minimized. HedgeFacts can be extended via custom modules, data exports, and its API in cases where requirements go beyond what is supported in the standard version of the product.
Flexible Investment Logic and Attribute Templates
HedgeFacts was developed to support from the simplest to the most complex fund-of-funds or multi-strategy hedge fund products. A large variety of configurations or trading returns can be built into customized investment products, with returns parsed and leverage applied in any manner desired by the investment manager. In addition, attribution templates allow managers to segregate trading strategies, analyze performance and parse returns at a highly detailed level. For example, a manager of a multi-strategy portfolio might want a report of performance for the last 6 months by Advisor A, in the fixed income sector; using Convergence Strategy #1 – HedgeFacts' architecture makes this type of multi-dimensional analysis possible.
HedgeFacts’ automated report distribution tools allow the investment manager to determine the type of information that should be sent to each investor, at which frequency, and then to schedule the automatic generation and delivery of the appropriate reports.
Easily Customized to Your Environment
HedgeFacts can be adapted to the specific business processes of a fund by integrating the system with existing trade order management systems or trade capture software tools. Input data can take the form of the following types, each with increasing levels of complexity:
- Daily Returns by advisor or account in text, XML, or Excel format
- Daily Returns by account with position information
- Daily Returns by account with position information and associated attributes
- Daily trade information by account from files or captured using HedgeFacts Workstation
- Full clearing firm transaction files
This allows users to input pre-processed return data and trades from the trade desks alongside full clearing house transaction data, for maximum accuracy.
The HedgeFacts platform includes Administrator, Workstation, Analytics and Managed Account Platform (MAP).