Operational Services: Hedge Funds

Service

Axxsys Consulting are a delivery focused financial software consultancy which specialises in the buy-side industry and Hedge Funds in particular.

Within our Operational Services practice, pricing rewards prudent planning and repeat business. If clients prefer to purchase consultancy days intermittently over a period of time the model takes into account previous business and reduces the day rate accordingly, and we have built substantial knowledge around applying the skills towards Hedge Funds and there specific technology including Vendor products such as Linedata Beauchamp, Sophis Value and Tradar.

Hedge Funds are typically lean businesses with the focus on the investments, and the management of the funds, but with relatively small IT departments. The consequence is often that manual processes exist in critical areas, which increases the Operational Risk within the Hedge Fund. Furthermore the support of Vendor products is often limited which makes the Hedge Fund overly dependent on the vendor for even basic changes to the configuration of the application.

The Operational Service model for Hedge Funds has been established in order to address these issues. The model gives the Hedge Funds an opportunity to purchase flexible resourcing as and when needed, with focus on ensuring that the fund gets the most out of its infrastructure.

If required, Axxsys will undertake a SWOT Analysis at the beginning of our engagement, to identifying Strengths and Weaknesses in your current implementation and usage your current technology, from the perspective of your business needs.

Benefits

  • Standardised Test Planning – Standardised approach to testing application upgrades including the production of test scripts for current and new functionality.
  • On-Demand Resources – Staff departures, holidays, sickness - Get operational continuity and reduce your key staff dependency using the OS Hedge Fund model.
  • Ongoing Collaboration – From start to finish Axxsys provide cost effective resources when you need them most, and peace of mind when you don’t.
  • Specialist Consultant Pool – Draw upon a wide range of domain expertise, depending on your business needs.

Example of Engagements

  • Manage Upgrades/Implementations – Use an experienced Axxsys Consultant to manage the implementation of new software or modules to current applications.
  • Custom Reporting – Streamline month-end and client reporting.
  • Functional Enhancements – Quickly build tactical solutions to cover functional gaps in systems applications, and diminish Operational Risk
  • Connectivity – Integrate all your internal systems and 3rd parties using the Axxsys’ expertise around integration.