By choosing Capstone, LMCM, with more than $51 billion AUM at June 30, 2005, will be able to take advantage of: Sentinel, LatentZeroâs pre-and post-trade investment compliance solution; Minerva, its order management and trading system; and Tesseract, LatentZeroâs portfolio analysis, scenario modeling and order generation product.
LMCMâs decision followed a rigorous review process. "We looked at a number of leading vendors, initially searching for pre- and post-trade compliance software that would integrate easily with our existing systems," said Drew Bowden, LMCMâs Chief Operating Officer. "After visiting a number of LatentZeroâs sites and speaking with several existing users, we concluded not only that LatentZero's compliance tool, Sentinel, was just what we needed in terms of functionality and performance, but also that we would get the best result using LatentZeroâs complete buy-side offering. In addition to the technology, we felt extremely comfortable with LatentZeroâs whole approach. The team was candid, responsive, and highly professional â the kind of people with whom we like to do business."
Dan Watkins, CEO of LatentZero North America welcomed the LMCM win, commenting, "LatentZeroâs Capstone suite is built on open, flexible, future-proof technology. All the modules are reliable, scalable, easy to implement and integrate well with legacy systems, which makes Capstone highly attractive for asset managers of all sizes. Furthermore, LatentZeroâs technology is coupled with a team of people who are continually building on their reputation for excellence."