Revere Capital Advisors announced its equity partnership with Statistical Research Laboratory (SRL), a UK-based technology company focused on providing the asset management industry with greater transparency.
Revere, a New York, London and Singapore based investment group and hedge fund platform said the purchase reflected its commitment to provide investors with state of the art technology and operational infrastructure.
Nexus is a fully integrated investment platform providing greatly improved investor transparency and ownership of data, allowing institutions to analyze and evaluate all of their holdings together. This technology strengthens institutions’ oversight capability through the provision of an independent audit trail of investment activity, communications and regulations and compliance, the company said.
The CEO of Revere, Dan Barnett, said: “Revere is delighted to be partnering with SRL, a company that is at the forefront of the institutionalization of the asset management industry. The partnership allows Revere and our clients to monitor investments on a real time basis as well as respond to the increasing demand of clients requesting a managed account solution.”
Neil Puri, CEO of SRL, said: “The Nexus platform is revolutionary in its provision of integrated applications from portfolio management and risk management to due diligence and operations reporting. The shared manager-investor platform ensures that both investors and managers are equipped with the tools necessary to make informed investment decisions using a dedicated neutral, transparent and robust framework to increase operational efficiency. Nexus empowers asset owners and asset allocators to take control of their investments. ”