FusionInvest Implementation
Macro hedge fund
London UK
RXD Solutions have recently completed the replacement of a legacy in house built portfolio management system for this established Global Macro hedge fund with a mix of FusionInvest, Risk Management Module and custom Toolkits.
The firm also takes advantage of
FusionLink to give them absolute control over managing their portfolios.
Highlights
- Implemented FusionInvest for fixed income derivatives, exotic OTC derivatives, FX and futures trading.
- Implemented the SRM (Analytics Factory) module for Stress Testing, HVAR and DV01 analysis.
- Built various FusionInvest Toolkit’s to extend the platform to match the firms exacting requirements.
- Automated the extraction of Risk reports for the traders via the Reporting Module.
- Custom toolkits built to extend the FusionInvest Reporting Module to allow the additional of internal data to bespoke reports.
Windows 10 migration
Systematic hedge fund
London UK
RXD Solutions were engaged to design and implement a solution for deploying FusionInvest and Misys Risk (Analytics Factory) directly to the end users new Windows 10 machines. After a technology review, Microsoft
APPX was selected as the technology platform.
Highlights
- All dependencies (Oracle, C++ runtime, COM components) were bundled with the APPX package removing the burden on IT to manage deployments of these dependencies.
- FusionInvest upgrades were fully automated with the support team simply deploying a new package to a central location for automatic rollout.
- Custom PSF (Platform Support Framework) add in’s were built to put in place workarounds for where FusionInvest didn’t operate in a compatible manner with the locked down APPX containerised environment.
OPERA Report
Systematic hedge fund
London UK
RXD Solutions was engaged to enhance this hedge funds internal systems to produce all the risk data required for the population of the
OPERA report.Highlights
- All risk sections of the OPERA report calculated and displayed in their internal system.
Bloomberg BTCA Integration for MiFID II
Macro hedge fund
London UK
RXD Solutions was engaged to integrate
Bloomberg BTCA with FusionInvest for MiFID II Best Execution monitoring.
Highlights
- Full integration with BBG MARS, automating the setup of OTC derivatives reducing the manual burden on the middle office
- Handling for many complex OTC derivatives implemented.
- Fully functioning project delivered to tight regulatory deadlines.
- Custom toolkits built for FusionInvest to identify inscope trades which needed to be routed to BTCA for analysis
"Live" Checks Framework
Hedge fund
London UK
RXD Solutions was engaged to implement a custom built "Live" checks framework which runs continuously ensuring all business critical data is correct and all batch processes running smoothly.
Highlights
- Ensured all business processes have run successfully. All expected outputs from batch files checked and support team alerted to any issues in realtime.
- Ensured all static data in FusionInvest and other internal systems was valid ensuring that pricing was correct. For all failures, step by step guidance on how to resolve the issue was written.
- Over 200+ business checks documented and implemented. Having the system in place massively reduced the support burden for Middle Office and the systems support team as issues were identified in real-time allowing for proactive correction.
Reporting Warehouse
Systematic hedge fund
London UK
RXD Solutions built and implemented a new firm-wide reporting warehouse, which forms a central store for all P&L, Returns, Risk, compliance and marketing information for the firm.
Highlights
- Designed and built the Investor Relations reporting framework and worked with the marketing team to help source and verify information for ongoing and ad-hoc requests.
MiFID II ARM Reporting
Systematic hedge fund
London UK
RXD Solutions was engaged to implement the firms MiFID II ARM reporting requirements. Ensured end-to-end compliance by building a MiFID II solution covering MiFIR reporting in FusionInvest along with NEX Abide integration.
AIFMD Reporting
Macro hedge fund
London UK
RXD Solutions implemented this firms AIFMD quarterly reporting requirements using FusionInvest.
Highlights
- Custom toolkit developed to classify trades according to the AIFMD criteria.
- Automated production of the position and transactions file required to upload to the Axioma Regulatory Reporting portal.
FusionInvest Implementation
Systematic hedge fund
London UK
RXD Solutions implemented FusionInvest for this major systematic trading fund. Iwas implemented for Futures and Forex trading as well as fund management and risk monitoring using the SRM module.
Highlights
- New pricing model for Korean Bond Futures built using toolkit.
- Trade file and position integration with multiple Admins, PB's, investors and counterparties.
- Shadow NAV calculated daily for all funds with automated admin reconciliation.
- Live streaming pricing feed for LME quotes with a dynamic broker spread.
- Automated trade booking using Integration Services of several thousand trades a day.
FusionInvest Implementation
Hedge fund startup
London UK
RXD Solutions completed a front to back implementation of FusionInvest for this innovative start-up hedge fund.
Highlights
- Implemented Sophis Value covering a wide array of asset classes (Equities, futures, structured products, IR Derivatives, CDS, Variance Swaps) for all pricing and risk calculations.
- Integration with Citco (Fund Admin) as well as the automation of trade flows, market data feeds, P&L reporting & reconciliation.
- Developed EMIR reporting solution.
