Innovative Cloud-Based Portfolio Management Software ‘Sentry PM’ Chosen By Global Credit Hedge Fund ‘Tolis Advisors’ To Help Face New Market Challenges
Danbury USA, Friday 21st February 2014 – ‘ClearStructure’, A leading global provider of front to back office portfolio management systems is pleased to announce that New York based multi-strategy investment manager ‘Tolis’ has successfully gone live with a fully integrated, cloud based Portfolio Management Software from ‘ClearStructure’, known as ‘Sentry PM’.
‘Tolis’ which manages multiple investment mandates and has traded more than $1.5 billion of cumulative proceeds chose ClearStructure, who overcame strong competition from other long-established hedge fund software providers, on both functionality and flexible contract terms. Sal Puliafico, Chief Operating Officer at ‘Tolis’ commented:
“It’s clear that we have a system in place that will not only grow with us, but will also facilitate the acceleration of that growth. I would recommend any credit hedge funds looking to streamline operations, improve reporting and provide better tools to their front office take a look at the Sentry PM system.”
Jeremy Hintze, COO of ClearStructure stated “Tolis Advisors joins our expanding client base in North America and we are delighted to welcome them. Many credit managers are turning to ‘ClearStructure’ to leverage our strength in the credit space, cloud and web-based technology, in addition to the comprehensive service levels we demonstrate to our clients. We also have a fantastic all-in subscription based service fee model which covers support, upgrades and software”
ClearStructure’s ‘Sentry PM’ is a feature-rich, Multi-Asset, cloud-based solution that includes functionality covering performance measurement and attribution, cash and position reconciliation, a powerful pre and post trade compliance engine, order management and trading, real-time profit & loss and holdings, powerful custom reporting with drag-and-drop capability and a billing manager – all on one platform.
‘ClearStructure Financial Technology’ is an independent software firm with over 15 years’ experience creating solutions within the financial software market. The latest addition to their portfolio is the innovative ‘Sentry PM’ platform which uses the latest web technology to deliver a powerful, highly customisable front-to-back office solution to some of the largest and most well-respected financial institutions across the globe, helping to streamline operations and lower total cost of ownership
Founded by Eric Banks in 2007, Tolis Advisors, LP (“Tolis”) manages multiple investment mandates and has traded more than $1.5 billion of cumulative proceeds. The firm launched its first commingled open-end fund vehicle July 1st 2013, Tolis Investment Strategies LTD. Additionally, the firm continues to invest on behalf of its managed account clients, which at their peak size exceeded 200MM. The firm is wholly owned by its four principals.