Watson Wheatley Sign $10bn Alternative Asset Manager
Watson Wheatley Financial Systems (WWFS), specialists in securities reconciliation, have announced the signing of a new client, a London based $10bn alternative asset manager.
“Our latest client recognised the need for our unique Total Equity reconciliation as they are keen to tie out their margin balances with their Prime Brokers to the penny. They now have complete control of their reconciliations and are able to solve the FIFO/book cost differences that occur in their high frequency trading environment.” Commented WWFS Director Duncan Wheatley.
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ABOUT WATSON WHEATLEY FINANCIAL SYSTEMS Watson Wheatley Financial Systems is a reconciliation system vendor with worldwide clients including hedge funds, long only asset managers and commodities traders. Its principal products are i-Recs and Importer. i-Recs is an extremely versatile and powerful reconciliation solution, used worldwide by clients with over $160bn in assets under administration. i-Recs has been selected as the ‘Best Technology Vendor’ and ‘Best Reconciliation and Data Aggregation Software – UK’ at the 2016 Hedge Fund Awards.
For further information please visit: http://www.watsonwheatley.com/