It is critical that a solid middle/back office infrastructure is in place due to the increasing sophistication of fund managers and their investors. In addition, more stringent regulations are driving the industry to institutionalize. Service requirements are becoming increasingly complex in parallel with the mandate to keep costs low. Along with explosive growth in trade volumes, profit margins are decreasing to the point where if a trade needs inspecting or correcting, you've already lost money. Increased growth must be matched with 100% client satisfaction. The middle and back office are clamoring for help, the front office is demanding it. Essentially, as the list of must-haves gets deeper, the field of those who can help is shrinking.
Asset managers should not have to deal with these stressful burdens. They should be focusing on raising capital, proper execution of their trading strategies, and new investment opportunities. EDD understands these growing concerns and offers a vast portfolio of solutions to our clients. We interact with prime brokers to facilitate trade processing, data acquisition, corporate action review, and reconciliation. We support all post-trade activities, from trade entry through accounting on a highly automated basis. Our expertise, scale and technology, enables us to provide faster, more reliable and less expensive services than most fund managers can on their own.
In addition to the standard trade life-cycle and technology services offered by most of our competitors, EDD, coming from a hedge fund background ourselves, promotes processes designed to offer full transparency to you and your investors. EDD's proven technology, ten plus years of experience, and the controlled environment provided by EDD makes allocators feel more comfortable, making them more likely to invest with your funds.
