Sydney-based boutique fund manager Merlon Capital Partners has gone live with SimCorp Dimension's front office suite following a rapid deployment.

 

By deploying SimCorp's Asset Manager, Compliance Manager and Order Manager, Merlon Capital is able to provide full integration with trading counterparties, improve front office efficiencies and drive business growth.

 

“The embedded broker algorithms streamline trade execution processes, saving us a significant amount of time on a daily basis, and most importantly reduce operational risk” said Merlon Capital principal Andrew Fraser. “Embedding broker algorithms in the order management system and integrating with trade analytics software further enhances the product offering from SimCorp. Looking forward, having access to the relevant trading platforms, allows us to take advantage of market opportunities.”

 

The front office suite at Merlon Capital forms part of the SimCorp Dimension solution, giving Merlon Capital integrated access to its investment operations team, and a real-time environment with virtually zero information latency. “SimCorp’s Order Manager, with its embedded FIX connectivity allows for trades to be sent within minutes of market close, regardless of volume,” said Fraser. “I can act immediately on announcements in the market, as the market data repository instantly updates our portfolio’s cash and holdings with minimal latency.”

 

Merlon Capital has been using SimCorp Dimension's investment management software since the firm was established in 2010. Fraser credits the stability of the software platform as an important foundation for the organization’s growth. “Merlon has grown funds under management from A$660 million in May 2010 to A$1.6 billion. There is no way we could have done that from a complete zero start or without a stable platform.”

 

Nick Quin, managing director, SimCorp Asia added, “As a boutique firm, Merlon Capital has exceeded expectations and very quickly created its own space and identity as an equity income specialist. Its impressive growth is ensured thanks to foresight in management planning, training the right talent and investing in the right technologies to equip their team for optimum performance.”