Indus Valley Partners (IVP), a provider of alternative asset management solutions, has made IVP Treasury 3.5 available on the cloud, allowing hedge fund managers to track, control and optimise their financing needs across counterparties including Prime Brokers and Custodian banks.
“Hedge funds are moving from a Multi-Prime model of 6-8 PBs to an Opti-Prime model of 2-3 key PB relationships,” says Bijesh Amin, co-founder and managing director at Indus Valley Partners. “This is in response to Prime Brokers scrutinizing their hedge funds clients and in some cases asking funds to move their business away if they are not sufficiently profitable. By using our Treasury solution hedge funds can better understand their economics to their Prime Brokers and optimize/allocate funding accordingly.”
“Solutions need to take a 'holistic' approach to looking at financing; incorporating long and short rates, credit lines, swaps and cash,” says Gurvinder Singh, CEO of Indus Valley Partners.
The IVP Treasury platform is now available on the cloud (hosted on Amazon Web Services under a industry-leading cyber security model) and can be supported by the IVP Managed Services team, offering the scope for full middle-office outsourcing across time zones.
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