Liquid Holdings Group has signed a joint marketing agreement with ConvergEx Prime Services, the prime services division of ConvergEx Group.
Under the terms of the agreement, ConvergEx Prime Services will offer the Liquid platform as an option to its broad portfolio of prime brokerage clients including hedge funds, family offices, mutual funds, and registered advisors, and Liquid will refer its clients to ConvergEx for prime brokerage services.
“We are thrilled to work with ConvergEx Prime Services, one of the leading names in the prime brokerage industry, because we share a common commitment – empowering hedge funds to build more successful, long-term businesses through smarter solutions,” says Brian Storms, chief executive of Liquid. “We look forward to providing their clients with the kind of superior technology and service they would expect of a ConvergEx partner.”
“We are impressed with the Liquid platform and are excited to introduce it to our clients and prospects,” says Douglas Nelson, chief executive of ConvergEx Prime Services. “The platform’s convergence of cloud technology and real-time investment management capabilities will help our clients to address the complex range of challenges they face from a trading and risk perspective while also meeting investor demands for transparency and institutional credibility.”
The Liquid platform is designed to free up fund managers time to manage investments by eliminating unnecessary and outdated infrastructure, and time-consuming middle-office processes. Unlike other solutions, the platform is purpose-built for alternative asset managers, powered by a proprietary cloud, and backed by managed services.
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