ClearStructure’s Sentry PM Selected by Manifold Partners LLC for their Portfolio Management and Operations Groups

Manifold Partners LLC, a San Francisco-based quantitative asset manager of global equity, announced today that after an extensive system search, they have chosen ClearStructure Financial Technology’s Sentry PM™ as their portfolio management system.

Manifold Partners will implement Sentry PM™ as the core system for their portfolio management and operations groups. The firm specified a number of key factors for moving forward with Sentry PM™ including the native reconciliation functionality. Along with the base Sentry PM™ solution, Manifold chose additional modules to further customize their solution. The supplemental modules include Sentry NAV, Sentry Performance, and Sentry Connect. Sentry Connect will allow the business to seamlessly integrate with multiple data sources including with the Financial Information eXchange (FIX®).

Andrew Putnam, Manifold’s Managing Director of Client Services commented, “After a thorough search of the market, we found Sentry PM to be the most efficient reconciliation tool for our needs. In addition to being a cost-effective way to provide GIPS compliant performance attribution and streamline our operations capabilities and trading environment, the hosted platform has the best-in-class portfolio reporting that our clients demand.”

Scott Turley, CEO of ClearStructure, noted “We are very happy to bring on Manifold Partners and provide them with an integrated solution. Serving asset managers such as Manifold Partners demonstrates how our solution is flexible enough to adjust to various workflows and scalable enough to grow with their business.”

About Manifold Partners LLC:
Manifold Partners LLC is a San Francisco-based multi-strategy portfolio management firm specializing in quantitative investment methodologies. Manifold’s methods of security analysis are systematic and statistical in nature. The firm’s science teams from multiple fields of study have deep backgrounds in quantitative research, machine learning, mathematics, portfolio theory, and advanced software development. Manifold serves as investment advisor to private investment funds and also provides sub-advisory services to mutual funds. For contact information or to learn more, visit www.manifoldpartners.com.

To view the full press release, click here.

Dashboards and Data Delivery

For investment managers to consistently produce alpha and have streamlined investment decision processes, data and systems need to be seamlessly integrated and standardized. According to the 2016 Asset Management Industry Trends Survey by Confluence, nearly three-quarters (74%) of respondents say their firm still depends on multiple, disparate systems.1 Data management continues to be one factor that increases operational costs and a reason why technology budgets continue to rise. 2

What Are The Data Challenges?

There are several data challenges facing investment managers.  Depending on the type of investment strategy, this list could include any or all of the below:

  • Standardization and normalization of data
  • Managing multiple data interfaces
  • Cross Asset flexibility
  • Minimizing manual processes
  • Automating reconciliation between multiple data sources
  • Deriving intelligence from data sets

How Do Firms Respond To These Challenges?

“Firms must no longer confine technology to the back office merely for cost-saving purposes; by aggressively leveraging technology in the front office as well, winning firms can grow distribution through big data techniques using client analytics,” according to an EY thought leadership piece.3

In response to these challenges, a proactive approach is usually best with any time invested up front paying dividends later on in the process as there is a better understanding of needs and a more complete picture of all involved workflows.  Some features that should be considered when analyzing these challenges and potential solutions include:

  • Systems that can handle cross-asset products
  • Interfaces with APIs and web services as well as more traditional file transfer technologies
  • Ability to extend data sets to include customized data points, including pulling data from multiple third parties
  • Automatic tools to ensure data remains clean and up to date
  • Intuitive tools to get data out of the system that is easily understood and reportable

Solutions

What are potential solutions to these challenges?  Undoubtedly, the choice of utilizing multiple systems to handle different asset classes, while covering front-, middle-, and back-office operational needs is one option. Deciding to adopt several systems might solve very specific issues, but can include challenges previously mentioned above. All encompassing solutions are quickly becoming as comprehensive, if not more comprehensive, than specialized solutions.  Investment firms can now find solutions with flexible dashboards that properly manage cross-asset products and support the complete operational investment cycle. Additionally, systems access to real-time-data helps managers make quicker and more sound investment decisions while empowering users to take more control of the data to ‘slice-and-dice’ it how they see fit for analytical and reporting purposes. Ultimately, superior systems and data management processes will produce better investment decisions.

Sentry PM™ Awarded Best Direct Lending Solution By CV Magazine

Sentry PM Best Direct Lending SolutionClearStructure Financial Technology proudly announced today that their portfolio management system, Sentry PM, has been named the Best Direct Lending Solution of 2017. Sentry PM allows direct lenders to utilize a single system for all of their research and operational needs, from due diligence to origination to the daily administration of each loan. The flexibility within the product lets direct lenders customize loan structures to meet the unique needs of their borrowers.

CV Magazine was created by a team of business experts, advisors and insiders and provides readers with news of business strategy, analysis, corporate case studies and emerging trends to business leaders and decision makers. The Technology Innovator Awards were created and designed to recognize and reward the individuals, departments, and firms whose innovative thinking and commitment to technology make the industry what it is today. Each winner is chosen through a combination of votes gathered from the magazine’s network of respected industry partners, together with an in-depth and rigorous in-house research process.

Laura Hunter, Awards Coordinator, commented: “Now celebrating its third year, the Technology Innovator Awards return in 2017 to celebrate the talented individuals, teams and firms that form the backbone of this dynamic industry. Those who go on to win can be confident that their recognition was well deserved.”

“In recent years, ClearStructure has focused on the direct lending market to better serve the demands of this rising industry. This award is a testament to the hard work and innovation that comes out of the ClearStructure team,” stated Jeremy Hintze, COO of ClearStructure.

Click here to read the full press release.

ClearStructure Financial Technology Welcomes Newest Client: Nassau Corporate Credit LLC

Nassau Corporate Credit ClearStructure Sentry PM

ClearStructure Financial Technology is happy to announce today that Nassau Corporate Credit LLC has selected Sentry PM to support its credit research, portfolio management, and investment analysis needs.

“We are pleased that Nassau Corporate Credit selected Sentry PM to support its business needs and continued growth and we consider ourselves as their trusted partner in these objectives,” remarked Jeremy Hintze, COO of ClearStructure.

To read the full press release click here.

Sentry PM™ Receives Award At Alt. Credit Intelligence’s US Services Awards For The Second Consecutive Year

ClearStructure’s Account Manager, Laura Braun, pictured with Andrew Durbidge, ‎Publishing Account Manager at Pageant Media, at the 2017 US Services Awards ceremony in New York, NY.

ClearStructure Financial Technology announced today that their renowned system, Sentry PM, has been named Best Portfolio Management System of 2017 at the US Services Awards. The awards were hosted by Alternative Credit Intelligence, a subdivision of HFMWeek. The ceremony took place on Wednesday, February 15th, at the 583 Park Avenue Ballroom in New York, NY.

ClearStructure continues to be recognized in the industry for their outstanding products and innovation. As a prominent global technology provider in the investment space, ClearStructure places an emphasis on building products in partnership with their users. By issuing three extensive releases per year, ClearStructure continuously develops updates to Sentry PM’s existing functionality as well as incorporating new features. ClearStructure aims not only to accommodate but also to anticipate the rapidly changing needs of the industry.

“The ACI US service awards are designed to honor the hedge fund service partners who have gone that extra mile to deliver top notch support to a demanding sector. The winners are chosen based on feedback from a range of senior operations professionals at credit funds with judges asked to think about attributes including client service, innovation and use of technology when coming to their decisions” commented Paul McMillian, Chief Editor of Alt. Credit Intelligence.

“It is a great honor to be recognized by such a distinguished panel of judges, not only once, but twice in two years. It validates the hard work and dedication of our employees, as well as the immense support we receive from our clients. We look forward to an even brighter future for ClearStructure” noted Scott Turley, CEO of ClearStructure.

About The US Services Awards
The US Services Awards is designed to recognize and reward hedge fund service providers that have gone above and beyond in terms of customer service and innovative product development. Entrants must demonstrate customer and revenue growth, in addition to continuous innovation and the ability to develop new products and solutions for credit managers. For more information please visit the ACI US Services Awards.

Direct Lending Continues Strong Push into 2017

As we head into 2017, the movement of capital into the direct lending space continues. Investors’ demands and underperforming hedge funds continue to be driving forces in fueling the direct lending market. It remains to be seen how regulation or deregulation will affect the financial markets but it might not have as much of an impact as you’d think on direct lending.

Investors continue to demand higher returns; thus, forcing investment firms to always be in search of new ways to generate alpha. Compounded by the dismal performance of the hedge fund industry, this has led to more investment in the direct lending space as monies continue to flow out of hedge funds and into direct lending funds. Per Hedge Fund Research, through October of 2016, roughly $50 billion has flowed out of the hedge fund industry. While not all of this outflow is going into direct lending funds, it demonstrates that investors won’t accept underperforming investments.

It is frequently said that regulations have hurt lending, but data shows that US commercial and industrial loans have been steadily increasing since 2010. While increased regulations have decreased typical avenues of lending, such as large banking institutions, lending surpassed the $2 trillion mark in 2016 according to the Federal Reserve. This is up from roughly $1.25 trillion in 2010. Direct lending firms have grown in an effort to fill the supply that was once filled from larger banks. There is talk that certain regulations might be lifted which could mean that traditional means of lending could increase thus further raising the level of lending past the $2 trillion mark.

Investment will continue to flow into the direct lending industry as long as investors demand returns they have typically seen in the past. Commercial lending has increased at a healthy rate with regulation and might see accelerated growth if there is any deregulation. Barring an unforeseen industry event, all signs point to continued growth in direct lending.

ClearStructure Financial Technology Wins “Best Technology Provider – Overall” at the Fund Technology and WSL Awards

fund technology and wall street letter best technology-overall clearstructureClearStructure Financial Technology has been named the “Best Technology Provider – Overall” at the 2017 Fund Technology and WSL Awards by Fund Technology, a subdivision of Fund Intelligence. Click here to view the full winners list.

Deemed “the pinnacle of performance in fund and institutional trading,” the Fund Technology and WSL Awards acknowledges those providers catering to asset managers and institutional traders that have excelled in customer service and innovative product development over the past year. Winners were selected by a panel of industry experts on a basis of qualitative and quantitative performance measures. They must have displayed a combination of client satisfaction, innovation, and revenue or client growth in their nominated category.

“It is a significant achievement to be named the “Best Technology Provider – Overall” at this year’s Fund Technology and WSL Awards. The ClearStructure team is committed to providing investment managers with reliable and cutting-edge solutions that help them focus on their core business, ease integration challenges and lower their total cost of ownership. We appreciate the recognition and will continue going above and beyond for our clients with our service and the continued enhancement of the Sentry PM solution,” commented ClearStructure CEO, Scott Turley.

ClearStructure Financial Technology offers Sentry PM, a cloud-based, front-to-back office portfolio management solution used by hedge funds, asset managers, direct lenders and structured finance groups throughout the United States, Europe and Asia. Over the past two years, ClearStructure has experienced double-digit growth in new business development.

 

ClearStructure Financial Technology to Open New Office in New York City

ClearStructure Financial Technology will be opening a new office location in the heart of New York City on February 1st. The new office space will be at 125 Park Ave, New York, NY, centrally located in midtown across from Grand Central Station. This will be ClearStructure’s fifth office location as they currently have offices in Danbury, CT; Houston, Texas; Valencia, California; and London, England.

By expanding to a central location in NYC, ClearStructure will have a farther reach with sales, more convenient client support and increased availability in account management.

“We are thrilled to have a new office space in New York City. Our company has seen tremendous growth as we continue to expand our client base, and now, our own operations. We have a significant client base in New York City and this new office will not only foster these client relations, but also bring new opportunities,” commented Scott Turley, CEO of ClearStructure.   

 

ClearStructure’s Sentry PM™ Wins Best Portfolio Management System of 2016

ClearStructure Financial Technology announced today that their system, Sentry PM™, has been awarded Best Portfolio Management System of 2016 by Alternative Credit Intelligence, a subdivision of HFMWeek. The awards took place on Thursday, December 1st, 2016 at the Plaisterers Hall in London, England.

Our team member, Nigel Shears, gladly accepted the award at the European Services Awards ceremony at Plaisterers Hall in London, England.

This is the second consecutive year that ClearStructure’s Sentry PM has won this accolade. The European Services Awards recognize and reward service providers that have gone above and beyond in customer service and innovative product development over the past year. The winners are determined by an astute panel of judges consisting of Alt. Credit Intelligence representatives, leading institutional and private investors, and other accomplished industry experts. Entrants must demonstrate customer and revenue growth, in addition to innovative and cutting edge solutions.

Sentry PM, ClearStructure’s multi-award winning portfolio management solution, is a multi-functional, front-to-back office system designed with the flexibility to adjust to workflows, adapt to market changes, and provide full and secure access to users’ data. ClearStructure has recently released advanced Sentry functionality that includes a corporate action dashboard, enhanced diagnostics and a new dashboard page in which users can customize to view all of their data on one screen.

Scott Turley, CEO of ClearStructure, commented, “To receive this award for the second consecutive year is a true testament to ClearStructure’s commitment to innovation. As a global company, it is an honor to receive recognition across multiple continents. With the help of our knowledgeable employees and esteemed client base, we will continue to provide the newest technology and develop for the rapidly changing industry.”

To view the full press release, please click here.

2016 Year in Review

ClearStructure 2016 and 2017

2016 was an exciting and busy year for ClearStructure Financial Technology! As we enter 2017, looking forward to what the new year will bring, we reflect back on some of the major highlights ClearStructure experienced in 2016.

Here is a brief look at some of our high points of 2016:

  • Direct Lending- The direct lending market has taken the industry by storm. We are proud that the Sentry PM™ solution has been developed to meet the needs of direct lenders. We look forward to continue developing relevant functionality for the direct lending sector with the help of our incredible, ever growing client base.
  • Asia Expansion- Our expansion continued as we moved into the Asian market. We will continue to work within the region as we further increase our global footprint into 2017.
  • New Clients- 2016 was a record breaking year for ClearStructure. We gained new clients in the loan management, asset management, hedge fund, direct lending and CLO management space. We feel confident about partnering with our users as we continue to expand our solutions for this dynamic industry.
  • Award Winning System- Sentry PM was named Most Innovative Portfolio Management Solution by Corporate Vision Magazine’s 2016 Technology Innovator Awards and Best Portfolio Management System in both the US and European Alt. Credit Intelligence Awards for the 2nd consecutive year!

We are exceptionally grateful for our astounding clients. They have truly been a pivotal factor in our continued success. We anticipate the tremendous growth and opportunities to continue into 2017! Stay posted for exciting news including new offices, clients and functionality…