Apr 11 2024
FundStudio Recruits
Marc Flamini, Former Global Head of Sales at SS&C Advent, as Chief Revenue Officer Read More.
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Institutional Strength
Portfolio Operations & Reporting...in real-time, anywhere -
One View• across all execution platforms, accounts & prime brokers -
Positions you can
trust• multi-way automatic reconciliation• customizable alerts and notifications• compliance checks• built-in workflow controls -
Managed Services• Accurate and timely reporting• COO and CFO level execs in our team• Unparalleled clarity into portfolio management and investment processes -
Certified, Secure,Cloud Hosted• Screen and field level permissioning• IP auditing, white-listing and one-time security-codes• Failover and standby server provisioning -
Designed for what you trade,
how you trade
• Diverse instrument coverage, native support• Flexible tagging for strategies, themes, and more• Multi-currency, account, prime broker, strategy...
Choose between our Cloud-based Platform or outsourced Managed Services, or a hybrid of the two.
A solution hedge funds CTAs asset managers family offices can rely on.
For hedge fund managers, CTAs, asset managers and family offices, FundStudio’s real-time operations and reporting platform, forward-looking, multi-asset-class risk and portfolio management system and outsourced managed services provide complete knowledge of trading vehicle conditions -- and the tools to manage them.
Operations & Reporting
Trade & Order Capture
Capture orders and trades via realtime FIX, uploads, programmatic API or on-screen manual data entry.
Allocations & Compliance
Allocate orders to accounts, strategies and more. Apply compliance rules such as position limits or mandated asset-class restrictions, or complex programmatic rules such as leverage bias.
Cash Management
Manage all cash movements including trade settlements, margin, coupons and principal. Run cash projections and more.
Shadow NAV
Meet investor DDQ requirements by shadowing your fund administrator to produce NAV at the master-fund level as well as associated feeder funds or investor subscriptions.
Partnership Reporting
Define partnership structures such as onshore/offshore master/feeders and produce daily subscription NAV/GAV including management fees, incentive fees, high-water marks and more.
General Ledger
Post journal entries, produce a trial balance or income statement and more in local or base currency using a customizable, hierarchical chart of accounts.
Dealer Pricing
Streamline the dealer-quote process for valuations. Define distribution lists of who should price what. Automate price requests. Track and manage responses, outliers and aggregates with full audit trail.
Live Positions
Monitor positions in real-time at firm level or by account, strategy, trader or any user-field.
Real-time P&L
Run real-time intra-day P&L. Define multiple views of aggregate or sliced-and-diced data in real-time "pivot tables".
Security Master
Manage reference and pricing data for listed securities or OTC products. Maintain the security master via automated feeds from market-data vendors, or manual entry. Automate downstream portfolio activity such as applying corporate actions, multiple interest-accrual calculations, resets, maturities and more.
Multi-way Reconciliation
Perform automated reconciliations of cash balances and line items, positions and trades, and receive alerts of any breaks. Reconcile trades and positions independently with both prime-broker and fund administrator.
Report Writer
Create your own reports on the fly, including pivoting, Top-N, contributions, ROR, charts, custom formulas and more using any built-in or user-defined data and fields.
Collateral Management
Track margin money and ISDA counterparty exposure for collateral on repos and swaps.
and more...
Trades can be allocated to multiple funds or managed accounts, and custodied/cleared through multiple prime brokers/clearing brokers.
Positions and P&L are maintained in local currency of each instrument and the base currency defined on each fund or managed account. FX translation P&L is computed
daily.
FundStudio supports unlimited user-definable custom tags and fields. These can be used to store additional data (such as additional demographics
on a security), or they can positional (for example creating a tag for "Strategy" or "Analyst" and reporting positions and P&L at these
levels - useful for P&L attribution, drawdown reporting or similar).
Positions are held at the individual tax-lot level, with multiple lot-relieval methodologies available, including FIFO, LIFO, Max Gain, Intra-day high/low
and others. Weighted-average cost basis is also supported.
Native support for a diverse set of asset classes is provided, including domestic and foreign equities, fixed income products from corporates to MBS to indexed asset-backed instruments,
vanilla and exotic options, futures and more. Swaps include IRS, TRS, CDS, CDX, IOS and more.
Fund Studio is hosted in the cloud in certified, secure data-centers, with failover and disaster recovery capabilities. Access is logged, with IP-whitelisting available.
User permissions can be defined at screen and field level.
FundStudio offers easy export to spreadsheet directly from the application's screens, as well as an integrated plug-in to Excel where portfolio data can be accessed
seamlessly via custom formulas embedded in the spreadsheet.
FundStudio comes with a powerful Application Programming Interface (API), enabling seamless integration with your existing internal systems.
Written for Microsoft .NET, the API communicates securely over the public internet to our data-centers and allows queries or updates to trades, orders, repos,
security master information and more. Coverage is extensive, even to the point of providing control
over setup items such as adding portfolios, accounts, strategies, users and more.
Risk Analytics
Fund Studio Klarity Risk is a multi-award-winning software platform that offers investors a comprehensive risk-based framework. Go beyond conventional risk management practices and embody a disciplined and advanced risk assessment process into the core of your decision-making.
Key Features
Risk Management
Gain a comprehensive risk exposure overview and conduct in-depth analyses of your portfolio’s risk performance. Access an extensive list of advanced risk metrics and view the impact of each risk factor on your total risk exposure. Implement Custom Stress-testing scenarios based on your unique insights.
Ex-Post & Ex-Ante Risk
Monitor Ex-Post and Ex-Ante Risk and Risk vs. Performance metrics and ensure that risk factors are appropriately captured in the portfolio exposure assessment.
Customizable Analytics
Apply Stress Test scenarios to your portfolio and view how it performs in adverse market conditions. Re-structure your investment strategy via What-If Analysis and test how amending the capital allocation affects the risk-adjusted performance.
Multi-Asset Class
Navigate between different level-views, drill down or group into risk and portfolio analysis by asset class, strategy, security or any other user field.
Fixed Income Attribution
Quantify the impact and sources of active management decisions on the portfolio’s performance via advanced Fixed Income Performance Attribution modeling.
Risk Limit Manager
Control your Risk Budgeting by utilizing the granular set of Risk Limits. Set Risk limits on a portfolio, strategy, sector or security level and get notified as soon as there is a breach to your levels of comfort.
Customized Reporting
Automate your reports generation, for the direct delivery of Regulatory, Investment Committee and Client risk reports and make a complete set of information instantly available for use.
Klarity Risk is a trusted partner of Fund Studio.
Middle-Office Managed Services
Our highly experienced managed services team can handle your daily operations, from transaction capture and trade settlement to portfolio reporting and more.
Transaction Capture & Processing
Process all trades on trade date (T+0). Capture non-trading transactions: fees, accruals and corporate actions.
Portfolio Pricing
Daily portfolio pricing according to Investment Manager’s valuation process and fund’s offering memorandum.
Reconciliation
Trade, Position, and Cash reconciliation with prime brokers, custodians and counterparties available next morning (T+1).
End of Day Exports
Send trade and position files to prime brokers, custodians, counterparties and administrators.
Portfolio Reporting
Provide P&L, exposure and cash reports by portfolio, strategy, asset class or any other classification.
Report Distribution
Automated reporting packages for clients with the ability to create and customize reports.
Data Support for Regulatory Reporting
Using the ledger details we provide any type of data required for financial and regulatory reporting.
Why us?
Our managed services team, which includes former COOs and CFOs along with accounting and operations experts, will provide accurate and timely reporting with unparalleled clarity into portfolio management and investment processes to ease investors’ due diligence concerns and bolster their sense of security.
Reduce risk without any reduction in transparency and control of your operations by allowing our highly experienced managed services team to handle aspects of your daily operations.
- Cost effectiveness versus hiring full time employees
- Scale up or down immediately
- Built-in business continuity as software and services are always available
- Reduce operational risk with better controls and data integrity
- Launch new strategies and trade new asset classes with ease
Latest News
Mar 6 2023
We’ll be at the
Hedge Fund US Leadership Summit in New York. Read More.
Oct 11 2022
We’re proud to
sponsor Gaining the Edge, Cap Intro in New York in November, 2022. A fantastic forum by Agecroft Partners where managers meet allocators. Read More.
Sep 6 2022
Fixed Income Leaders
Summit - We’re excited to announce that we’ll be attending FILS in Nice, October 4-6, 2022. Read More.
Feb 14 2022
Risk Analytics -
Fund Studio adds risk analytics to the platform.
Aug 20 2021
Interactive Data
Screens introduced for rapid custom user screen views.
Oct 13 2020
Fund Studio debuts
Middle Office services solution for hedge funds. Read More.
Jul 22 2019
Registered
investment advisor that manages ETFs, hedge funds, and separately managed accounts chooses Fund-Studio as its trade compliance and reporting platform.
Feb 1 2019
Development of
Tradeweb FIX connections to include Futures orders for real-time trade entry.
Apr 11 2018
Event Driven hedge
fund focused on stressed, distressed and special situations investing selects Fund-Studio to manage loans.
Mar 1 2018
Onboarding of
discretionary investment manager in emerging markets debt including implementation of UCITS regulations across the portfolio
Jul 20 2017
FundStudio and
RiskSpan announce collaboration to provide RMBS portfolio managers the ability to instantly access and aggregate portfolio risk data in a single, cohesive platform.
May 10 2017
Regan Capital
Implements Fund Studio as its Portfolio Management Application Read More.
Feb 16 2017
FundStudio Highly
Commended for Best middle and back office by CTA Intelligence US Services Awards 2017
Feb 15 2017
FundStudio Highly
Commended for Best portfolio management system by Alt Credit Intelligence US Services Awards 2017
Mar 9 2016
Mill Hill Capital
Implements FundStudio as its Portfolio Management Solution. Read More.
Apr 14 2015
FIX connectivity
added for Futures, FX and Equity executions on Trading Screen.
Mar 10 2015
New York hedge fund
selects FundStudio as its comprehensive portfolio management system for the management of its fixed income and equity instruments in a multi-currency environment.
Jan 20 2015
Level 3 asset
support introduced with different valuation policies across multiple accounts.
Nov 18 2014
TradeWeb and
Bloomberg’s Fixed Income Trading (FIT) platform for OTC products integrated into FundStudio.
Oct 7 2014
Hedge Fund launches
its first Mutual Fund on the FundStudio platform.
Mar 25 2013
Commodity Trading
Advisor signs on FundStudio for support of Managed Futures trades and portfolio reporting requirements.
Jun 1 2012
FundStudio exhibits
at SIFMA, Hilton New York, June 19-21. Read More.
May 31 2011
FundStudio to
exhibit at SIFMA, Hilton New York, June 14-16, Booth number 1824. Read More.
Jan 6 2011
FundStudio is
selected by LibreMax Capital, LLC to Manage its Front-to-Back Office Operations. Read More.
Selected Press Releases
We're not the only ones excited about FundStudio...
Our customers invest across the spectrum, and we're there every step of the way with high-touch support.
200,000 Trades per day...
... or 5 trades per month.
Equity long only...
... or long/short in every asset class.
Intra-day P&L...
... or month-end pricing only.
Onshore/offshore master/feeder...
... or mini-master...
Execution platform FIX feeds...
... or voice trade-capture.
Straight-through pari-passu booking...
... or discretionary allocations...
... or no allocations at all.
Cash reporting on settlement date...
... or trade date.
FIFO/LIFO cost basis...
... or minimum gain...
... or weighted average.
What our Customers are saying...
Fund-Studio’s fully hosted solution, flexible architecture and customizable reporting platform enabled our business to get up and running quickly. We trade a variety of commodity derivative products, and Fund-Studio supports a wide array of futures and options trades, as well as customizable derivatives securities, and through the system’s API we can obtain the key portfolio data for our internal applications and downstream processes. The platform has become an integral part of our business, encompassing all areas of portfolio operations from real time trade feeds from our execution platform to back end reconciliation and reporting.
FundStudio is a multi-functional front to back-end system that can handle complex trading instruments and liaise seamlessly with our service providers. Objecutive continues to develop additional functionality to FundStudio to meet our needs in the constantly evolving landscape. We look forward to continuing our long-standing partnership with the Objecutive team.
Fund-Studio enables us run our operations smoothly, front-to-back and supports all asset classes including bank debt and other instruments. The reporting is automated and the system seamlessly handles multiple interfaces with our service providers. Centralized access to our portfolios, including the TALF funds is critical so we can continue to focus on other core areas of the business.
"FundStudio is an integral part of our institutional investment platform and provides a central point of reconciliation and control with prime brokers and our administrator. The investor reporting and NAV calculations ensure we can internally replicate all reporting that is prepared by our administrator and distributed to investors. We have the benefit of having built a strong risk management, financial, operational and compliance platform without the burden of legacy systems and platforms. Fund-Studio is an important part of our infrastructure.
About the Company
Objecutive, Inc.
is a software product and services company located in the New York metropolitan area, providing enterprise solutions with technical excellence to the financial services industry. Our flagship product, FundStudio, is an integrated, real-time portfolio operations & reporting system, and our middle-office managed services offering provides complete outsourced middle-office support.Careers
at Objecutive: For a list of open positions, click here.Blog
- to view the company blog, click here.Management Team
Costas Kellas
President & CEO
Anthony King
COO/CTO
Sarah Jackson
VP of Sales
Gordana Dimoska
Product Manager
Jacob Jonker
Product Architect
Reynold Tam
Product Architect
William Lumbreyer
Product Manager
Michael Zagorsky
Product Architect