Gemini Hedge Fund Services Selects SunGard's Hedge360 for Increased Operational Efficiency

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Feb 19, 2014, 06:00 ET

HAUPPAUGE, N.Y., Feb. 19, 2014 /PRNewswire/ -- Gemini Hedge Fund Services, LLC, a U.S.-based hedge fund administrator, has chosen SunGard's Hedge360, a front-to-back office hedge fund investment management application suite, as its platform of choice. Hedge360 will enable Gemini Hedge to increase operational efficiency to better service its clients through automating processes, simplifying workflows and reducing the risks associated with manual entries.

Gemini Hedge sought a solution that could help its portfolio managers customize their portfolio management, risk, IT and reporting requirements with a swift time-to-market.

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"The ability to choose tailored components of the investment management suite to meet our specific automation requirements was a key element of our decision. We conducted a detailed evaluation of available solutions. The superior capabilities of SunGard's Hedge360, coupled with its strong reputation and unified team support, offered us the optimal solution to help our fast-growing client base." – David Young, President, Gemini Hedge

"We are seeing institutional credibility as a matter of preeminent concern across the hedge funds industry. To achieve this means that firms are now heavily reliant on their technological infrastructure. Cost-effective and integrated portfolio management platforms like Hedge360 are, therefore, of vital importance in helping firms like Gemini Hedge achieve operational efficiency and, ultimately, institutional credibility." – Rob MacKay, chief operating officer , Hedge360

Hedge360 allows customers to choose features and functions to customize their solution suite. Using components of SunGard's Front Arena, APT and VPM solutions, Hedge360 will provide Gemini Hedge with the ability to remain innovative, as it can use additional functionality as its business grows and needs evolve.

About SunGard Financial Systems
SunGard Financial Systems provides mission-critical software and IT services to institutions in virtually every segment of the financial services industry. The primary purpose of these systems is to automate the many detailed processes associated with trading, managing investment portfolios and accounting for investment assets. These solutions address the processing requirements of a broad range of users within financial services, including asset managers, traders, custodians, compliance officers, treasurers, insurers, risk managers, hedge fund managers, plan administrators and clearing agents. In addition, we also provide professional services that focus on application implementation and integration of these solutions and on custom software development.

© SunGard 2014. All rights reserved.
SunGard, the SunGard logo and Hedge360 are trademarks or registered trademarks of SunGard Data Systems Inc. or its subsidiaries in the U.S. and other countries. All other trade names are trademarks or registered trademarks of their respective holders.

About Gemini Hedge Fund Services, LLC
Gemini Hedge Fund Services, LLC (Gemini Hedge) provides comprehensive fund administration services to hedge funds and a consultative approach to help bring pooled products to market. Gemini Hedge is a hedge fund administrator designed from start to finish to provide fully customized solutions to clients that enable them to meet the requirements of investors and regulatory bodies. Gemini Hedge offers both depth and breadth of services for managers ranging from middle/back office duties to comprehensive financial reporting and all aspects of investor services. High-touch, high-tech services are focused on providing superior, best-of-breed technology that allows both managers and investors to have unparalleled access to hedge fund data and provide the required reporting as often as possible, based on the strategy of their fund. For more information, please visit www.geminifund.com.