Varden Technologies and Hillswick Asset Announce Successful OMS Implementation (Boston, MA – May 1, 2012) Varden Technologies and Hillswick Asset Management celebrate successful and on-time implementation of a leading compliance and order management system.
BigNews.Biz - Apr 30,2012 - Mark McDonnell, Hillswick’s President and Senior Portfolio Manager, shares “At $1.3 billion in assets under management, we need to differentiate ourselves from the pack. We do this in two ways: performance and client service. Therefore, we spend aggressively on infrastructure that will benefit our clients.”
“After thorough due diligence, we selected Varden for implementation because we recognized Varden's expertise in customizing the industry's top order management system to meet the needs of our clients. The quick and seamless transition to an automated order management system through our engagement with Varden confirmed our business decision for selecting one of the industry's top order management systems leading to greater cost efficiency," states Radha Lai, Hillswick's Chief Administrative Officer and Portfolio Manager.
Varden Technologies provides system implementation and data integration services across core disciplines of portfolio accounting, trading, compliance, as well as performance and attribution. Parallel to its consulting line, Varden’s enterprise product line offers content and data aggregation, internal and client reporting, data governance, and portal publication technologies.
Mary Bishop, Varden’s Head of Consulting Sales, adds “We recruit and invest greatly in individuals with over 15 years of investment technical and business hybrid expertise. The breadth of our expertise serves our client base well and we welcome Hillswick as another satisfied consulting client.”
Varden’s Director, Minh Nguyen, relates “OMS implementation is an integration-intensive exercise, impacting so many business and technical domains. It requires more than just technical product knowledge. We are happy that Hillswick recognized our implementation capabilities of third-party systems and the value of us knowing both the business and technical spread of buy-side investments.”
About Hillswick Asset Management, LLC
Hillswick Asset Management, LLC is celebrating its 25th anniversary as an investment advisor and macro-driven manager of Core, Long, Intermediate, and Short duration fixed income portfolios and a Macro Strategy Equity Fund. The firm is a Registered Investment Advisor with the SEC, and has approximately $1.3 billion in assets under management as of 12/31/2011. Hillswick Asset Management, LLC manages portfolios primarily for institutional clients such as corporate pension plans, insurance companies, foundations/endowments and municipalities.
About Varden Technologies, Inc
Established in 1999, Varden Technologies, Inc. is an investment technology consulting and development firm. Varden’s consulting line focuses on custom warehouse design, vendor search, data integration and system implementation across core disciplines of portfolio accounting, trading, compliance, and performance and attribution. www.VardenTech.com
Across 90+ global deployments, Varden’s investment technology division focuses on internal and client reporting. Its flagship product, eReportal, is an investment client reporting platform that targets data/content aggregation, production intelligence, workflow, and client portal publication. As a platform, eReportal can include all of the following parsable sub-platforms: eReportalDeck - an investment sales and marketing content production platform that targets data-driven pitchbook. Matrix – an enterprise recon and exception monitoring platform for operational risk, data governance, and trade/alternative compliance. erCore - a development access layer of eReportal for custom development and modular sourcing of features to target projects such as custom internal reporting (e.g. operational platforms) and portal publication (e.g. client portal