2012/2013 Portfolio Management Systems

Company Profiles

2012/2013 Trade Order Management

Company Profiles

Eagle Investments

Eagle Investment Systems LLC

Eagle Investment Systems enables financial Institutions to grow their assets by creating operational efficiencies and delivering awardwinning solutions for data management, investment accounting, and performance measurement and attribution, supported by an unparalleled level of service. Eagle deploys its solutions via a secure private cloud, Eagle ACCESSSM, which hosts and provides on-going support of the applications and systems infrastructure, reducing complexity and risk. Eagle Investment Systems LLC is a subsidiary of BNY Mellon.

Additional information is available at www.eagleinvsys.com.
45 William Street, Suite 200
Wellesley, MA 02481
781 943 2200
Contact: Robert Leaper, Head of Global Sales & Marketing
  • John Lehner, President and Chief Executive Officer
  • Marc Firenze, Chief Technology Officer
  • Princeton financial Systems

    Princeton financial Systems
    Princeton Financial Systems, a State Street company, is a leading provider of investment accounting, investment compliance, data management, performance measurement, and reporting solutions to the global investment industry.

    Our solutions are used worldwide by over 430 leading investment managers, custodians, insurance companies, pension funds, hedge funds, and banks in more than 40 countries. Seven of the world’s biggest global custodians monitor investment compliance with MIG21 powered by its LawCards suite of rule libraries for global compliance.

    The PAM family of systems support the accounting needs of over 370 institutional investors relying on PAM’s unmatched depth in accounting capabilities as well as its fl exibility to support a wide variety of instrument types and adapt to changing accounting and regulatory requirements. MIG21, our investment compliance and risk monitoring solution, optimizes and automates pre-trade and post-trade compliance checking, the administration of regulatory, prospectus, and internal investment guidelines along with the consequent resolution workfl ows.

    LawCards, an add-on service to MIG21, are predefi ned rule libraries offering clients the content expertise of all major jurisdictions including the SEC Investment Company Act of 1940, Singapore and Hong Kong investment law, UCITS IV and non-UCITS, Sharia compliance, and even substantial shareholding reporting. Accompanied by our Compliance newsfeed LawCards provide expert guidance in creating and maintaining a compliance framework which meets all regulatory requirements.

    DVS Fund Warehouse is Princeton Financial Systems’ platform for data management, reporting, and analysis purpose-built for the investment industry. DVS Publisher Suite automates reporting processes for factsheet production, client and regulatory reporting as well as statutory reporting.

    Princeton Financial Systems, headquartered in Princeton, NJ, has offi ces located throughout the United States, Canada, France, Germany, the Netherlands, Switzerland, the United Kingdom, Malaysia, and Singapore.

    For more information, visit our website at www.pfs.com.
    600 College Road East
    Princeton, N.J. 08540
    Contact: Steve Chance, 609-987-2400, info@pfs.com
  • Jim Russo, President and Chief Executive Officer
  • Michael Dahl, Corporate Strategy, Governance and General Counsel
  • Jim Dobbie, Vice President, Head of Product Management
  • Chris Farber, Chief Marketing Officer
  • Linda Kane, Vice President, Global Support & Professional Services
  • Charlie Morris, Chief Technology Officer

    INDATA® is a leading industry provider of software and services for buy-side firms, including trade order management (OMS), compliance, portfolio accounting and front-to-back office. INDATA’s iPM - Intelligent Portfolio Management® technology platform allows end users to efficiently collaborate in real-time across the enterprise and contains the best of class functionality demanded by sophisticated institutional investors. The company’s mission is to provide clients with cutting edge technology products and services to increase operational efficiency while reducing risk and administrative overhead.

    INDATA provides software and services to a variety of buy-side clients including asset managers, registered investment advisors, banks and wealth management firms, pension funds and hedge funds. Assets under management range from approximately $25 Million to over $80 Billion across a variety of asset classes (i.e. equity, fixed income, etc.) both domestic and international.

    What these organizations have in common is a desire for the latest technology - not only for today but for tomorrow. What sets INDATA apart is its single-minded focus on increasing operational efficiency as part of the technology equation.
    115 E. Putnam Avenue, 2nd Floor
    Greenwich, CT 06830
    Contact: Sylvia Morgan, Marketing Communications Manager
  • Michael Haskett, Managing Partner
  • David Csiki, Managing Director
  • Daryl Juricic, Director of Operations
  • Jennifer Rubin, Director of Development

    SS&C PORTIA provides a complete middle-to-back offi ce solution that allows investment managers to track and manage the day-to-day activity in investment portfolios and funds. Offered on a deployed and hosted basis, PORTIA solutions support a broad range of functions including corporate action processing, internal reporting, client reporting, regulatory reporting, performance measurement and attribution and post trade compliance. PORTIA is the choice of investment managers in over 40 countries who manage assets totaling more than US $10 trillion.

    In addition to offering world-class software solutions, SS&C PORTIA provides fl exible and customized business process outsourcing. PORTIA Outsourcing Services allow asset managers to outsource some or all of their middle-to-back offi ce and achieve operational excellence and scale as they grow and expand their business.

    PORTIA supplements its product offerings with global implementation services consulting expertise, as well as world-class support for its global client base. To achieve effi ciencies across the entire middle to-back office, start with a solution that’s reliable, secure and proven – PORTIA. Visit our website below to learn why the world’s largest asset managers prefer SS&C PORTIA solutions.
    • Christen Bremner
      Senior Vice President and General Manager
    • Munther Haddad
      Vice President of Implementation and Outsourcing Services
    • Dominic Flanagan
      Vice President of Technology
    • Helen Jackson
      Director of Global Client Service
    • Matt Bellias
      Director of Product Operations
    • Mark Bramley
      Regional Sales Director
    • Ian Crompton
      Regional Sales Director

    INDATA (2013)

    INDATA INDATA® is a leading industry provider of software and services for buy-side firms, including trade order management (OMS), compliance, portfolio accounting and front-to-back office. INDATA's iPM - Intelligent Portfolio Management® technology platform allows end users to efficiently collaborate in real time across the enterprise and contains the best of class functionality demanded by sophisticated institutional investors. The company's mission is to provide clients with cutting-edge technology products and services to increase operational efficiency while reducing risk and administrative overhead. INDATA provides software and services to a variety of buy-side clients, including asset managers, registered investment advisers, banks and wealth management firms, pension funds, and hedge funds. Assets under management range from just under $1 billion to more than $100 billion across a variety of asset classes (e.g., equity, fixed income, etc.), both domestic and international. What these organizations have in common is a desire for the latest technology — not only for today but for tomorrow. What sets INDATA apart is its single-minded focus on increasing operational efficiency as part of the technology equation.
    115 E. Putnam Avenue, 2nd Floor
    Greenwich, CT 06830
    Sylvia Morgan, Marketing Communications Manager

    Executive Team

    • Michael Haskett, Managing Partner
    • David Csiki, Managing Director
    • Daryl Juricic, Director of Operations
    • Jennifer Rubin, Director of Development

    Advent Software (2012)

    Advent Software

    The Most Widely Used Trade Order Management System

    With more than 800 clients worldwide, Advent's Moxy(R) is the No. 1 trade order management system and sets the standard for streamlining trading workflow. Moxy's intuitive views of critical data expedite investment processes by providing a single, centralized location for order management decision making and execution. From portfolio construction through settlement, Moxy's powerful workflow advantages extend beyond the trading desk to the entire firm. Moxy offers enhanced functionality and architecture to meet the needs of the largest institutional and high-net-worth (HNW) asset managers. Moxy's industry-leading advantages include:

    Improved Trading Performance and Enhanced Workflow

    Moxy's blotter customization gives traders access to real-time data on the trade screen and more capabilities to work the way they want, allowing them to focus on the market and their trades. Consolidated group trading provides streamlined portfolio and fund construction for groups of accounts. Commission management functionality enables better intraday broker commission targeting and reporting. Additionally Moxy supports trading and compositional restrictions to ensure compliance with the firm's investment strategies.
    600 Townsend Street
    San Francisco, CA 94103

    Black Mountain Systems (2012)

    Black Mountain Systems Black Mountain Systems, founded in 2007, is an independent financial software development firm that has developed innovative solutions for institutional investment managers. Everest, Black Mountain Systems' award winning proprietary front office software solution, is tailored specifically to individual client needs. Everest delivers a superior trade order management and compliance system, credit analysis tools, easy-to-use portfolio management and reporting, and a data warehouse solution to institutional investors in syndicated loans, high yield and municipal bonds, derivatives and other alternative investments. With Black Mountain's partnership with Gamma Three Trading, Everest is also equipped with a powerful FIX engine, adding real-time integration with electronic trading execution platforms to its long list of capabilities. Most recently, Black Mountain unveiled Everest Mobile, allowing customers to manage and execute decisions by accessing Everest data, including credit related reports and attachments, from any modern mobile device. Black Mountain currently has 31 clients, consisting of many of the world's preeminent hedge funds, private equity firms, investment managers and banking firms, who manage approximately $500bn in assets on the Everest platform. Everest's services give analysts, traders and portfolio managers the workflow management and business intelligence tools necessary to quickly and efficiently navigate and analyze information critical to the investment process.
    12520 High Bluff Drive, San Diego, CA 92130
    Contact: Andy Horwitz, Co-CEO, 646-400-0715, ahorwitz@blackmountainsystems.com

    Executive Team

    • Kevin MacDonald, co-CEO
    • Andy Horwitz, co-CEO
    • Wayne Elpus, CIO

    Bloomberg (2012)

    Asset and Investment Manager (AIM) For buy-side institutions, hedge funds, and proprietary trading desks, Bloomberg Asset and Investment Manager (AIM) delivers global, multi-asset solutions for front-end portfolio, trading and middle & back office operations. Bloomberg AIM offers an integrated suite of solutions including: decision support and portfolio management; pre-trade, post-execution, and end-of-day compliance; order management, electronic trading and execution; and post-trade matching settlement, reconciliation, portfolio accounting, performance measurement, and data aggregation and reporting. With AIM, you can manage your portfolio and risk, optimize your workflow, enhance compliance, and lower operational risk.
    Corporate Headquarters
    731 Lexington Avenue
    New York, New York 10022
    Contact: Felicia Sussman, 212 617 3267, f.sussman@bloomberg.net

    Charles River Development (2012)

    Charles River Development Charles River Development provides fully managed solutions including software, hosting and data services to automate front- and middle-office investment operations for buy-side firms. SaaS solutions and on-premises software support portfolio management, compliance and risk monitoring, order and execution management, access to global liquidity and post-trade processing. The company has more than 330 clients in over 40 countries in the institutional asset and fund management, alternative, wealth management, insurance, banking, pension and custody markets.
    Corporate Headquarters
    7 New England Executive Park
    Burlington MA 01803
    + 1 781 238 0099 telephone
    + 1 781 238 0088 fax
    APAC: Beijing - +86 10 8520 0074/0075
    Melbourne - + 613 8628 0100
    Singapore - + 65 6435 8011
    Tokyo - + 81 (0)3 3507 5783
    London - + 44 (0)20 7397 6800

    ConvergEx's Eze Castle (2012)

    ConvergEx's Eze Castle ConvergEx's Eze Castle Software has been a leading provider of global technology solutions that automate the investment process since 1995. The Eze OMSTM, a global, multi-strategy order management system, leverages a real-time, service-component architecture to streamline the investment cycle for all asset classes - from idea generation through settlement.

    With offices in Boston, Chicago, Hong Kong, London, New York, San Francisco, Singapore, Stamford, and Sydney, Eze provides over 400 clients with a global support model and a personalized, partnership approach towards client service.

    The Eze OMS provides functionality to support: Portfolio Management, Compliance, Trading, and Operations.
    12 Farnsworth Street, 6th Floor
    Boston, MA 02210
    A.J. De Rosa, Managing Director, Co-Head of Global Sales
    Michael Hutner, Managing Director, Co-Head of Global Sales

    Executive Team

  • Tom Gavin, Chief Executive Officer
  • David Quinlan, President
  • Jeff Shoreman, Chief Operating Officer
  • A.J. De Rosa, Managing Director, Co-Head of Global Sales
  • Michael Hutner, Managing Director, Co-Head of Global Sales
  • Andrew Borggaard, Managing Director, Chief Administrative Officer
  • SunGard (2012)

    SunGard's Valdi SunGard's Valdi is a suite of electronic trading solutions for equities and listed derivatives. Valdi offers fully automated or high touch order management, trade execution and liquidity management; pre- and post-trade risk and compliance; and market data. With a suite of hosted services and connectivity to the SunGard Global Network (SGN), Valdi helps customers cost-effectively execute trades across multiple platforms, instruments and geographies. For more information, please visit www.sungard.com/360trading.
    Corporate Headquarters
    680 East Swedesford Road
    Wayne, PA 19087 USA

    Thought Leaders

    • Ivy Schmerken, Editor at Large
      Ivy is Editor-at-Large for Advanced Trading and Wall Street & Technology. Ivy is responsible for writing in-depth feature articles, daily blogs and news articles with a focus on automated trading in the capital markets. As an industry expert, Ivy has reported on a myriad number of topics including high frequency trading, algorithmic trading strategies, market structure, electronic trading in fixed income , colocation in data centers, Dodd-Frank regulation and the new derivatives landscape. Ivy meets with software companies and other innovators and writes about cloud computing, OMS/EMSs and other financial technologies.
    • Marc J Firenze, Chief Technology Officer, Eagle Investment Systems
      As chief technology officer of Eagle Investment Systems, Marc Firenze drives the software, technology and architecture decisions across Eagle's investment management suite and ensures that development directly supports the firm's corporate vision. With more than 20 years of experience in the design, development and implementation of financial technology solutions, he oversees a world-class team of technical and functional talent responsible for the software development, delivery, engineering and enterprise architecture for Eagle's suite of products. Mr. Firenze began his career with Eagle in 1997 and has been intimately involved in many facets of the build-out of its products including new feature design, analysis and quality assurance. During his tenure at Eagle, he was responsible for launching the enterprise technology platform, which underlies Eagle's product suite. He was instrumental in the development and delivery of Eagle's data management and of Eagle's alternative investment accounting solution. Prior to joining Eagle, Mr. Firenze worked for State Street Corporation, where he worked on the development of portfolio management and accounting systems. Mr. Firenze earned his Bachelor of Arts in Mathematics and Economics from the University of Massachusetts at Amherst and his M.B.A from Northeastern University.
    • Dr. John Bates, CTO, Intelligent Business Operations & Big Data, Software AG
      Dr. John Bates is a Member of the Group Executive Board and Chief Technology Officer at Software AG, responsible for Intelligent Business Operations and Big Data strategies. Until July 2013, John was Executive Vice President and Corporate Chief Technology Officer at Progress Software. John was responsible for creating, evolving and evangelizing Progress' market strategy and technology vision. Previously, John was General Manager of Progress Software's Apama Division. John was responsible for Divisional P&L including sales, marketing, products and consulting services. In 3 years John grew revenue by over 300%.
    • Andrew Waxman, Thought Leader
      Andrew Waxman writes on operational risk in capital markets and financial services. Andrew is a consultant in IBM's US financial risk services and compliance group. The views expressed her are those of his own. As an operational risk manager, Andrew has worked at some of the leading investment banks and consulting firms in Wall Street and the City of London. He writes on topics such as: rogue and insider trading, technology and markets, disaster planning, regulatory responses and risk management strategies. Andrew has a first class degree in history from Kings' College London and an MBA in finance from NYU.
    • Jennifer L Costley, Ph.D, Principal, Ashokan Advisors
      Jennifer L. Costley, Ph.D. is a scientifically-trained technologist with broad multidisciplinary experience in enterprise architecture, software development, line management and infrastructure operations, primarily (although not exclusively) in capital markets. She is also a non-profit board leader recognized for talent in building strong governance and process. Her current focus is in helping companies, organizations and individuals with opportunities related to data, analysis and sustainability. She can be reached at www.ashokanadvisors.com
    • Michael J. Levas, Founder, Senior Managing Principal, Director of Trading, Olympian Group of Investment Management Cos
      Michael J. Levas has been in the investment management business for over twenty years and is the founder,senior managing principal & director of trading at the Olympian Group of Investment Management Companies. Prior to Olympian, he was a VP and Portfolio Manager in the Private Client Group at Lehman Brothers Inc. Prior to that, he was a VP with SG Cowen, UBS PaineWebber and Bear Stearns where he managed in excess of $250 million in both institutional and retail portfolios. Mr. Levas is the former founder and managing member of Olympian Securities LLC, and is a licensed Series 24 general securities principal, Series 7 general securities representative, and a Series 65, 66 investment adviser representative with (FINRA). Mr. Levas is also the former founder and principal of Olympian Futures LLC, a former (NFA) registered introducing broker, and a licensed Series 3 associated person. Mr. Levas currently holds the Chartered Portfolio Manager (CPM) designation from the American Academy of Financial Management. Mr. Levas completed investment management studies at Harvard Business School and additionally, Mr.Levas has completed the Hedge Fund Programme at The London Business School. He is a current member of the CFA society of South Florida, Securities Traders Association of Florida, The National Association of Active Investment Managers, and formerly served on the 2008/2009 board of directors of The Hedge Fund Association. Mr. Levas is a frequent conference speaker, and commentator on the financial markets & asset management industry.He has been featured throughout the U.S.,Canada, Latin America, Europe, Asia and in numerous publications, and media outlets including BusinessWeek, Dow Jones Newswires, The Financial Times,Smart Money,Hedge Fund Manager Week, Wall Street Letter, Euromoney, Wall St.& Technology,The Economic Times, Securities Industry News, Alternative Investment Review, Advanced Trading, Markets Media Magazine, TradeTech , Reuters, Bloomberg and National Public Radio.
    • Vamsi Chemitiganti, Chief Architect, Red Hat
      As Chief Architect of Red Hat's Financial Services Vertical, Vamsi Chemitiganti is responsible for driving Red Hat's technology vision from a client standpoint. The breadth of these areas range from Platform, Middleware, Storage to Big Data and Cloud (IaaS and PaaS). The clients Chemitiganti engages with on a daily basis span marquee names on Wall Street, including businesses in capital markets, core banking, wealth management and IT operations. The other large component of his role is to work with Client CXOs and Architects to help them on key business transformation initiatives. Chemitiganti hold a BS in Computer Science and Engineering as well as an MBA from the University of Maryland, College Park. He is also a regular speaker at industry events on topics ranging from Cloud Computing, Big Data, High Performance Computing and Enterprise Middleware.
    • Dr. Howard A. Rubin, President and CEO, Rubin Worldwide
      Dr. Howard A. Rubin is a Professor Emeritus of Computer Science at Hunter College of the City University of New York, a MIT CISR Research Affiliate, a Gartner Senior Advisor, and a former Nolan Norton Research Fellow. He is the founder and CEO of Rubin Worldwide. Dr. Rubin is a pioneer in the area of technology economics and has built the world's largest database in the field consisting of business, national, and technology data. He is personally retained by many of the world's largest enterprises as a strategic advisor to provide them with continuous competitive calibration via benchmarking and to advise them on business-technology strategy and trends. His current portfolio of client companies in total generate more than $1.5T in revenue to the global economy annually and account for almost $100B in yearly Information Technology (IT) spending. Dr. Rubin has also worked directly with heads of state or their key ministers around the world in the development of national competitive technology strategies - Canada, India, the Philippines, South Africa, and in the United States with former President Clinton. He currently is an informal advisor assisting President Obama's Council on Job Creation and Competitiveness. Dr. Rubin possesses a Ph.D. from the City University of New York in Computer Science and Oceanography. Outside the world of technology Dr. Rubin is Chairman of the Board of Riverkeeper, a member of the Clinton Global Initiative, a Leadership Council member of the RFK Foundation, a major support of student development programs at the Tribeca Film Institute, and a supporter of the Rainforest Foundation.
    • Sang Lee, Co-Founder, Managing Partner, Aite Group
      Sang Lee is a co-founder of and currently serves as managing partner. Mr. Lee's expertise lies in the securities and investments vertical and has advised many global financial institutions, software/hardware vendors, and professional services firms in sell-side and buy-side electronic trading technology and market structure. Prior to joining Aite Group, Mr. Lee was a founding member of Celent Communications and served as the Manager of the Securities & Investments Group as well as the Operations Group.
    • Alexander Fleiss, Chairman and Chief Investment Officer, Rebellion Research Partners LP
      Alexander Fleiss serves as Chairman and Chief Investment Officer of Rebellion Research Partners LP, a Global Macro hedge fund and financial advisory that invests across all asset classes and is based in New York. Mr. Fleiss also oversees the firm's institutional research division, Rebellion Economics, which offers coverage of 44 countries. Mr. Fleiss has spoken about Artificial Intelligence investing at conferences, colleges and in the Wall Street Journal, Fox News, BusinessWeek, Bloomberg News, Geo Magazine and Institutional Investor. Prior to co-founding Rebellion Research in 2007, Mr. Fleiss served as a Principal at KMF Partners LP, a long-short US equity fund. While at KMF, he was primarily responsible for investments in the financial service, technology and consumer industries. Mr. Fleiss began his investment career as an analyst for Sloate, Weisman, Murray & Co which was acquired by Neuberger Berman. Mr. Fleiss developed investment algorithms with the firm's CEO, Laura Sloate who is now a partner at Neuberger Berman. Mr. Fleiss received a BA Degree from Amherst College.
    • Brooke Allen, 30-Year Industry Veteran
      Brooke Allen is a 30-year industry veteran who most recently founded a quantitative trading desk now celebrating its 17th year in continuous operation. For years he wrote a monthly piece for International Family Magazine, in 2009 he founded NoShortageOfWork.com to discuss work life, and in 2011 he created Questions For Colleges (Q4Colleges.com) to discuss issues facing higher education. Now he is beginning a series for us here on his beloved Securities Industry. Before you decide to trust him or collaborate with him, look at BrookeAllen.com where you will find his Personal Disclosure Statement.
    • Sean Owens, Director, Fixed Income and Derivatives, Woodbine Associates
      Sean Owens is Director, Fixed Income at Woodbine Associates, Inc. focusing on strategic, business, regulatory, market structure, and technology issues that impact firm’s active in and supporting global fixed income and derivative markets.
    • Joe Saluzzi, Partner and co-head of equity trading, Themis Trading
      Joseph Saluzzi is partner, co-founder and co-head of equity trading of Themis Trading LLC, a leading independent agency brokerage firm that trades equities for institutional money managers and hedge funds. He is also the co-author of Broken Markets -- How High Frequency Trading and Predatory Practices on Wall Street are Destroying Investor Confidence. Mr. Saluzzi is a frequent speaker at industry conferences on issues involving market access, algorithmic trading and other sell- and buy-side concerns. He has provided expert commentary for media outlets such as CBS's 60 Minutes, BBC Radio, Bloomberg Television & Radio, CNBC, Fox Business, BNN, The New York Times, The Wall Street Journal, USA Today, Reuters, Associated Press, Los Angeles Times and Bloomberg News. Mr. Saluzzi also has authored articles for Traders Magazine, Dow Jones and Journal of Investment Compliance. Prior to Themis, Mr. Saluzzi headed the team responsible for equity sales and trading for major institutional accounts at Instinet Corporation for more than nine years. He graduated from the University of North Carolina at Chapel Hill with an MBA in Finance and received a Bachelor's Degree in Finance from New York University.
    • Sean O'Dowd, Capital Markets Program Director, Teradata
      Sean O'Dowd leads the Global Capital Markets program at Teradata for Industry and Marketing Solutions. In this role Sean focuses on industry strategy, marketing and field enablement. Areas of focus span financial market structure, regulations and technologies that impact the business models and strategies of financial markets firms (buy-side, sell-side, wealth management, custody, exchanges, and retail brokers). Topics include many of the large transformational technologies impacting capital markets, such as cloud services, mobility, information management and big/fast data, unstructured data and analytics. Additionally, Sean covers many industry specific trends and technologies including electronic trading, investment management operations, wealth management and personal finance, oversight infrastructure (Government agencies and SRO's). Sean's personal area of expertise lies within investment management, derivatives securities and trading technology.
    • Stephen Davenport, Director Equity Risk Management, Wilmington Trust Company
      Steve is responsible for developing risk-managed investment strategies for high-net-worth clients. He has a strong background in quantitative investment analysis, and a sophisticated approach to asset allocation and the use of derivatives. In particular, he has managed a call writing strategy for clients seeking additional income for the last six years. Steve began his career with State Street Global Advisors and later joined Columbia Management Investment Advisors in Boston as a senior investment advisor. During his career, Steve has focused on developing comprehensive solutions for families, executives, and entrepreneurs with concentrated stock positions. Steve holds an M.S. in Finance from Boston College's Wallace Carroll School of Management as well as bachelor's degrees in industrial engineering and mathematics/computer science from Columbia University and Providence College, respectively. Steve holds CFA designation and he is a member of Atlanta Security Analyst Society.