Ledgex Systems Delivers Advanced Liquidity Management, Portfolio Modeling and Robust Reporting Capabilities
Boston, March 6, 2012 – Ledgex Systems, a leading software provider for the alternative asset management industry, today announced that The Archstone Partnerships, a New York based multi-strategy fund of hedge fund, has licensed the Ledgex Platform.
Established in 1991, The Archstone Partnerships manage a family of multi-strategy fund of hedge funds, allocating capital for each fund across a diversified group of hedge fund strategies and managers with the objective of producing absolute returns. The Ledgex platform enhances Archstone’s ability to systematically manage their portfolios, perform complex liquidity analysis, and provide robust reporting, for both existing and future planned portfolios.
Mark Smith, director of investments for Archstone, said, “We selected the Ledgex platform because of its robust portfolio management capabilities and, in particular, its ability to manage complex liquidity scenarios. Ledgex functionality allows us to scale across the various business units of our firm and streamline our business processes. The Ledgex team truly understands our core business and is very passionate about their solution.”
Archstone will be using the complete Ledgex platform including Ledgex Workbench to conduct complex scenario-based trade planning, customized ‘what if’ analysis, and complex liquidity modeling, and Ledgex Manager for portfolio management and administration. Archstone will also leverage the Ledgex Monitor module to oversee firm-defined fund attributes for detailed analysis, fund attribution, and transparency reporting, and Ledgex Alerts to easily monitor internal and external activities and information.
“The Ledgex platform is experiencing strong adoption by leading alternative management firms based on its ability to provide a comprehensive solution that supports their specific business needs,” said Mark Coriaty, managing director at Ledgex Systems. “The Ledgex platform was built to manage the complex workflows of our customers, as well as enhance business processes that will support the growing regulatory and compliance demands placed on them. We are thrilled to add Archstone to our rapidly growing client roster.”