Sierra ASP

Sierra ASP is a suite of trading, risk and position management solutions deployed via the Internet for a fixed monthly fee.  A real-time, cross product platform with connectivity into electronic platforms, Sierra offers hedge funds and fund managers a Tier One bank solution at a fraction of the cost by eliminating the need for up front technology investment and IT personnel. Sierra manages the aspects of the software’s operation, including installation, interfaces setup and monitoring, maintenance, development, upgrades, support and security.

• Offers cross asset coverage across simple and complex instruments
• Provides a configurable cross asset blotter for real-time positions keeping, P&L tracking and risk assessment
• Connects to multiple trading partners, including execution engines, prime brokers, rate providers, fund administrators and third party systems
• Includes integrated risk management tools, such as what if scenarios, limit monitoring, and YCS.
• Provides structured and complete auditable data model for easy access to historical data, regulatory reporting, investor reporting and complete audit trails
• Streamlines processing capabilities for trade verification, feed automation straight through prime brokers and position reconciliation with both fund administrators and prime brokers

• Delivers Tier One Bank comparable advanced trading, position and risk solution with no technology overhead and low up front costs
• Offers a quick start up and on boarding process
• Provides an affordable hosted solution with a monthly access fee model
• Manages all aspects of the software’s operation, including maintenance, upgrades, support, development, security and 24x7 availability
• Includes security standards and disaster recovery services to help ensure your data and business processes are protected at all times