A systematic long/short equity manager with no prior experience of operating a fund and limited expertise in investment operations wished to establish an outsourcing solution. As it sought to raise assets from institutional investors, the solution had to be cost-effective while also credentialising the manager.
Coremont’s post-trade processing capabilities brought instant operational rigour to the customer’s investment management process. Coremont helped the client devise a swap-based trading programme across multiple prime brokers that reduced the settlement risk of trading in physical equity markets and attained 100% STP through integration with the customer’s third-party electronic execution platform. Coremont coordinated the client’s FCA application and supported the client in meeting its ongoing MiFID reporting requirements.
A solution that allows the client to scale by implementing new strategies across all asset classes and to meet the standards of operational robustness demanded by institutional investors.
STP through integration with the customer’s third-party electronic execution platform.
