LIM Advisors Limited, the Asian-based multi-strategy investment group with approximately US$1.5 billion in assets under management, has selected Fidessa LatentZero’s front office suite, Capstone™, to provide support to front office analytics, order management, trading and compliance. The solution will cover equities, listed and OTC derivatives, fixed income and FX.
More than twenty users in LIM Advisors’ offices in Hong Kong, Tokyo, Beijing and Connecticut, will eventually use Capstone. LIM Advisors will also use the Fidessa LatentZero Trading Network (LTN) to connect with brokers, ECNs and other alternative trading systems globally.
George W. Long, Founder and Chief Investment Officer for LIM Advisors said: “The selection of Fidessa LatentZero’s Capstone is an important strategic decision for us. This new partnership will improve our processes, controls, and information management to deliver an industry-leading architecture. We conducted a thorough search of solutions in the region and found that Capstone provides a robust single platform to support our growing multi-strategy business. We are also pleased with Fidessa LatentZero’s commitment to provide first-rate support to our Hong Kong headquarters and LIM offices around the world.”
Richard Jones, CEO for Fidessa LatentZero, said: “This implementation further demonstrates that Capstone is an ideal solution for hedge funds and smaller Asian-based specialist managers enabling them to benefit from the same robust functionality as the larger global asset management firms. LIM Advisors, with their diverse investment strategies and wide asset class coverage, is an ideal partner for Fidessa LatentZero as we continue our expansion in the Asian region.”
Fidessa LatentZero currently has over 180 buy-side clients, including nine of the world’s ten largest asset managers, with around 20 customers in Asia.
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About LIM Advisors Limited
LIM Advisors Limited is an Asian-based multi-strategy investment group based in Hong Kong with additional offices in Tokyo, Beijing, Connecticut, and Mauritius. The mission of LIM Advisors is to deliver superior risk adjusted returns and unique investment opportunities for institutional investors and high net worth individuals. Founded in 1995 by George W. Long with US$10 million, LIM Advisors have grown to approximately US$1.5 billion in assets under management with a range of hedge funds and long-only funds. The firm invests in Asian focused strategies including arbitrage, credit related strategies, equity related strategies, real estate securities, commodities, commodity related securities, and special situations. LIM Advisors also has funds dedicated to both China and Japan.
About Fidessa group
Fidessa group is a world-leading supplier of multi-asset trading, portfolio analysis, decision support, investment compliance, market data and global connectivity solutions for both the buy-side and sell-side globally. Available as a simple workstation or as an integrated application suite, the Fidessa and Fidessa LatentZero products are built on the clear vision of providing the richest functionality, coverage and distribution to the financial markets community.
The Fidessa suite is used by 85% of tier-one, global equity brokers providing sophisticated multi-asset trading, market data, order management and execution capabilities to all tiers of the sell-side.
The Fidessa LatentZero suite is used by the world’s largest asset management firms through to smaller specialist managers and hedge funds, and provides comprehensive portfolio analysis, real-time P&L, what-if analysis, investment compliance, order and execution management, and post trade processing tools, across all asset classes, to all tiers of the buy-side.
Fidessa’s global network carries over 130 million messages a month covering DMA, Care and Algorithmic orders, Indications of Interest and FIX Allocations between over 1,800 buy-sides and 310 brokers across 100 markets worldwide.
Head-quartered in London and with offices in New York, Boston, Tokyo, Hong Kong, Paris, Toronto and San Francisco, Fidessa group serves 22,000 users across 600 clients globally. Fidessa group was founded in 1981, has revenues of around US$350m, employs over 1,200 people and has been fully listed (LSE:FDSA) since 1997.
For further information, please contact:
Fidessa
Margaret Wong
+852 2500 9500
margaret.wong@ap.fidessa.com
Upstream Asia
Jennifer Shay
+852 2973 0222
jennifer.shay@upstreamasia.com