Privately owned hedge fund sponsor Fir Tree Partners, has selected Arcesium’s fully integrated technology platform and services solution to support its operational model.Fir Tree will leverage Arcesium’s scalable infrastructure designed to power their investment lifecycle, specifically addressing critical reconciliation, portfolio analytics, data management, treasury, and cash settlement functions. Arcesium’s technology provides Fir Tree with a single repository to manage all of their middle- and back-office workflows, unlocking efficiencies for their staff and streamlining operational processes.
“Arcesium was the first provider to intrinsically recognise the value of complementing technology with services,” says Don McCarthy, Co-chief Operating Officer and Chief Financial Officer of Fir Tree Partners. “Their agile technology enables our firm to shift our primary focus to our core business, our investment process, and, most importantly, our returns. Arcesium enabled a seamless transition during implementation, and has worked closely with our team to maximise benefits and validate our decision to seek out external partners.”
“In this fast-paced environment, investment firms require innovative solutions to facilitate scale, and we are excited to deploy our solution to Fir Tree Partners,” says David Nable, Head of Client and Partner Development at Arcesium. “Our clients choose us for our integrated model, and we look forward to building a partnership with Fir Tree to support them today and in the future.”
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