Varden Technologies and Hillswick Asset Management celebrate successful and on-time implementation of a leading compliance and order management system.
Mark McDonnell, Hillswick’s President and Senior Portfolio Manager, shares “At $1.3 billion in assets under management, we need to differentiate ourselves from the pack. We do this in two ways: performance and client service. Therefore, we spend aggressively on infrastructure that will benefit our clients.”
“After thorough due diligence, we selected Varden for implementation because we recognized Varden's expertise in customizing the industry's top order management system to meet the needs of our clients. The quick and seamless transition to an automated order management system through our engagement with Varden confirmed our business decision for selecting one of the industry's top order management systems leading to greater cost efficiency," states Radha Lai, Hillswick's Chief Administrative Officer and Portfolio Manager.
Varden Technologies provides system implementation and data integration services across core disciplines of portfolio accounting, trading, compliance, as well as performance and attribution. Parallel to its consulting line, Varden’s enterprise product line offers content and data aggregation, internal and client reporting, data governance, and portal publication technologies.
Mary Bishop, Varden’s Head of Consulting Sales, adds “We recruit and invest greatly in individuals with over 15 years of investment technical and business hybrid expertise. The breadth of our expertise serves our client base well and we welcome Hillswick as another satisfied consulting client.”
Varden’s Director, Minh Nguyen, relates “OMS implementation is an integration-intensive exercise, impacting so many business and technical domains. It requires more than just technical product knowledge. We are happy that Hillswick recognized our implementation capabilities of third-party systems and the value of us knowing both the business and technical spread of buy-side investments.”