Hedge funds often have reporting and other system needs not resolved entirely by an existing software product. As funds develop, test, modify and evolve proprietary investment methodologies, they look for a way to systematize those approaches in software. These techniques must draw upon data from the fund’s existing systems, but make use of those data in new and unique ways. Delta Hedge is expert at creating customized software to create competitive advantage by solving very precisely a fund’s specific and unique needs.
Experience
The benefits of working with Delta Hedge to craft a data reporting solution are several. First and foremost is Delta Hedge’s extensive experience in providing customized software specifically to the hedge fund industry. There is no need to drag Delta’s consultants up the learning curve of the industry’s processes, terminology, metrics, etc.
Asset types
From long/short equity strategies to the more labyrinthine analysis of convertible bond arbitrage or credit derivatives, Delta Hedge has worked with a large number of asset classes, trading strategies, and investment systems.
- Equities -- Local, ADR, options, preferred, warrants
- Bonds -- Corporate, converts, muni, sovereign, bank debt, credit default swaps (CDS, CDX), CDO, CLO, MBS
- FX -- Spot, forward
- Futures -- Currency, index, Treasury
Technology
Similarly, Delta Hedge applies the appropriate technical tools to the task at hand. In supporting funds that run the gamut from small start-ups to larger, more established players, Delta Hedge has expertise in the following technologies :
- .Net -- C# | ASP.Net | VB.Net
- Web services
- XML | XSLT
- AJAX | JavaScript
- Microsoft SQL Server, SQL Reporting Services, Excel
- Visual Basic | C++
A Modular Approach
More, Delta Hedge has developed a number of core modules that allow the development of unique customized solutions without the need to build the entire solution from the ground up. These ‘behind-the-scenes’ building blocks provide the plumbing to manage the smooth flow of data critical to the success of any such system. Please see the Products section for discussion of Delta Hedge’s OmniHedge platform.
A Smorgasbord of Solutions
Delta has provided such customized solutions as:
- integrating data from a fund’s proprietary reports within OmniHedge
- reconciliation of multiple prime brokers and a fund’s portfolios
- providing separate and dynamic views of position and exposure data for accounting and trading groups
- retrieving web-based data for integration with a fund’s portfolio management system data
- a broker-voting system to support best execution and compliance concerns
- a sell-side event tracking and rating system, also in support of best execution and compliance
- extensive work in Excel – extending, converting, and enhancing existing applications
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