To provide prime brokers and hedge funds with a scalable solution for cash management and real-time margin management.
London, New York – 21st March, 2018: genesis, the international capital markets software firm has worked with Linear Investments, a specialist prime broker and an award winning hedge fund incubator, to launch Real-time Portfolio Margin (RPM), a new scalable solution for cash & margin management in real-time.
RPM delivers interoperable technology, with the flexibility to meet the varying requirements of Linear Investment’s clients. Designed for prime brokers who need to be able to better assess the risk of clients and prospects whilst managing their holistic relationships with their own brokers.
It comes in response to Linear not being able to find an off-the-shelf solution to meet their needs for asset coverage, flexibility, real-time calculations and time to market at a cost point that made sense.
RPM has been built upon genesis’ microservices technology framework that enables fast and agile software development, which has been fine tuned over the last four years.
From inception to delivery, the project was completed in months, highlighting the power of the framework to accelerate solution delivery.
Stephen Murphy, Chief Executive Officer of genesis, said: “Collaboration and innovation are fundamental to genesis and we are very excited to work with a visionary firm like Linear Investments to build a product for the prime broker industry. By building RPM on our framework we have been able to take a set of requirements and build a full blown margin solution in under three months. RPM is interoperable with multiple tech providers and will give users the flexibility to assess and meet the margin requirements of new prospects and grow their business.”
Paul Kelly, CEO of Linear Investments, said: We are delighted to collaborate with genesis to deliver RPM. The reason we chose to work with genesis is their open-minded approach. They listened to us, understood the real business challenge, learned from our experiences and applied that to the solution. RPM is a pivotal addition to our technology suite. It means that we can now onboard a range of clients, from futures trading firms to fixed income businesses, and are not restricted by asset or product. We can feel comfortable with the risk of the potential client and in turn manage their margin and maximise performance, this is the key to how we scale.”
Notes to the Editor:
genesis is a global capital markets software company with a difference, offering a fresh approach to helping firms adapt and innovate their business and operating models in an ever-challenging, constantly changing environment.
Pioneering vision, coupled with our technical innovation, is at the heart of everything genesis does. Confident in our conviction, before even coming to market, we made a multi-year investment in building our microservices technology framework.
Whether buy-side, sell-side, execution venue or clearing house, firms call on genesis to help redefine operating models and deliver outstanding value and services. The experienced senior team has worked at leading financial institutions and capital markets software vendors around the world. Having a unique perspective into the issues facing the industry means genesis can challenge existing thinking and focus on providing clients with agile, scalable and robust solutions at speed.
Our strong product portfolio and investment roadmap allows us to collaborate with clients to offer a powerful combination of off-the-shelf and highly customised solutions.
genesis is an ambitious growth company and is proud that Illuminate Financial and Tribeca Angels have invested in our success. For further information visit www.genesis.global
Linear Investments Ltd is a specialist prime broker and award winning hedge fund incubator based in London and Hamburg. Linear’s integrated platform solution brings together all the skills, expertise, and solutions hedge funds and brokerage clients need in one place. Linear specialises in tailoring an approach to significantly reduce setup costs and operational expenses – bringing clients to market faster and more efficiently. This is achieved through integrating core services: Prime Brokerage & Custody, Hedge Fund Hotel, Outsourced Trading, Capital Introduction, Regulatory Umbrella, DMA & Trading Desk Execution, and Middle & Back Office Support.
To contact Linear visit www.linearinvestment.com