âIn this dynamic market environment, protecting client assets has become paramount. TAM needed a business solution that would allow us to manage risk across multiple prime brokers and derivative counterparties. After a rigorous review of many industry solutions, we chose to invest in Linedataâs Hedge Fund Solution, FundManager. We really appreciate its superior reporting hierarchies and its automatic daily reconciliations of positions and trades, across multiple prime brokers and derivative counterparties,â said Darren Huber, CFO of Tamalpais Asset Management. âOur firm requires reliable and customized portfolio reporting capabilities and FundManager provides that. In this market we need to know where we are at any given point and with FundManager we can offer our stakeholders the transparency they demand with the click of a button. This solution will allow us to handle our current hedge fund business but will also handle expansions into managed accounts and other funds.â
Tamalpais will use FundManager to help manage the risk of its entire portfolio, including credit, equity, volatility and interest rate hedges. FundManager allows Tamalpais to view its exposure to prime brokers and counterparties. In addition, Tamalpais can view P&L, on a cost basis with exposures on each position, aggregated on a deal by deal basis, by prime broker holdings, or even across the entire portfolio. FundManagerâs robust technology and multi-prime interfaces provides Tamalpais the edge they require.
âWe are thrilled to announce that Tamalpais is live on Linedataâs award winning hedge fund suite,â said Annie Morris, Managing Director of Linedata Services North America. âWe are committed to providing our customers with best-of-breed solutions to meet their growing business needs, and we look forward to working closely with Tamalpais to provide them with a solution that will help them meet the growing demand for transparency from investors and other industry changes coming down the pike. Our success is rooted in the success of our clients.â
Tamalpais joins a growing list of over 200 global hedge funds relying on Linedataâs award winning technology. Linedata Servicesâ Beauchamp Hedge Fund Suite has over 12-years of proven industry expertise assisting hedge funds and fund administrators requiring a high level of operational efficiency, easy access to real time data, a multi-prime platform, and superior instrument class coverage.