"Our focus is to increase the level of automation throughout our Hedge Fund Portfolio Management System, Genesis. Our latest interface, to one of the top three prime brokers, affords our clients the benefit of single-point of entry for trade details within Genesis through a reliable, flexible, and user-friendly tool." said Joseph Colaprico, Director of Global Services at EXIS Consulting. "This reaffirms our commitment to creating an application that provides portfolio managers with comprehensive blotters and reporting while simplifying the after-the-trade processing for operations."
The prime broker interface includes information relating to the details of the transaction which consists of amount, price, counterparty, instrument, trade date, settle date, accrued interest, fees, total consideration and any other client specific fields. The interface utility can be triggered real-time, on demand, or in batch to integrate with the current workflow of the client. The interface feeds trade data from the Genesis system into the prime broker's system.
"Our latest integration with a top tier prime broker reinforces our dedication to providing the most compelling software in the market for managing the hedge fund business." said Kuppu Sitaraman, CEO at EXIS Consulting. "We continue to strengthen our offering with integrated interfaces that allow our client base to leverage our relationships within the prime broker community."