Millstreet Capital Management LLC Implements Sentry PM™ for Hedge Funds
Danbury, CT (November 19, 2012) – ClearStructure Financial Technology, LLC (ClearStructure), a leading provider of portfolio management systems to the hedge fund community, announced today that Millstreet Capital Management LLC (Millstreet), a Boston based Hedge Fund firm, has deployed ClearStructure’s Sentry PM™ platform to manage its hedge fund operations. Sentry PM™ offers Millstreet sophisticated trading capabilities across multiple asset classes and powerful portfolio analytical tools such as real-time detailed P&L analysis, shadow NAV capabilities, and customizable reporting.
Becky Vail, CFO of Millstreet said, “ClearStructure’s Sentry PM enabled us to integrate trading, notifications, reporting, and analytics in a single solution. The Sentry system has allowed us to reallocate resources from manual operational processes to more value-added tasks. In addition, our front office team now has increased transparency into our funds and the funds’ performance”.
Jeremy Hintze, COO of ClearStructure added “We are excited to count Millstreet among the growing list of hedge funds choosing the Sentry PM platform. We have seen significant growth this year with our hedge fund client base and we expect this trend to continue as more hedge fund managers hear about us and recognize the value and breadth of functionality offered within Sentry PM.”
About ClearStructure Financial Technology LLC:
ClearStructure Financial Technology LLC provides state-of-the-art technology solutions to the investment industry. ClearStructure utilizes its over fifteen years of direct experience serving trading desks, portfolio managers, operations teams and risk analysts to deliver refined solutions capable of meeting diverse needs. ClearStructure’s Sentry product suite is used by many of the largest and most respected financial institutions and investment firms in the world. Currently, ClearStructure has offices in Danbury CT and London UK.