In today’s fast-paced and complex financial markets, fund managers face the growing challenge of managing the entire trading lifecycle while focusing on their core objective – alpha generation. At Ultimus, we understand these challenges and as a result have created a strategic third-party partnership with PennHaven Brokerage Partners to offer a comprehensive solution that alleviates the complexities of the trading lifecycle for asset management firms.
Key Benefits of Outsourced Trade Services
Outsourced trade services are designed to streamline operations, reduce risk, provide scalability, and allow a firm to focus on its investors. Utilizing Ultimus’ and PennHaven’s outsourced trade services capabilities provides key benefits to asset managers such as:
Simplifying the Trading Lifecycle
From pre-trade to trade settlement, managing the trading lifecycle can be cumbersome and distract from an investment manager’s primary goals. Utilizing a tech-enabled, comprehensive solution provides efficiency and simplifies these processes, enabling you to focus on portfolio management and growth strategies.
Align Execution with Settlement
Misalignment between trade execution and settlement can lead to inefficiencies and increased operational risk, especially with requirements for T+1 settlement. Ultimus’ and PennHaven’s joint services seamlessly align trade execution with trade settlement services, enhancing operational reliability and minimizing risks associated with trade failures.
Achieve Scale
As your business grows, so does the complexity and volume of trades and account allocations. Ultimus’ and PennHaven’s outsourced trade services are designed to help you scale more cost-effectively. An established infrastructure and team of experienced professionals support increased trading volumes and complexities without the need for additional internal resources within your shop.
Enhance Alpha Generation
Freeing up resources from the operational aspects of trading allows portfolio managers to concentrate more on market analysis, strategy development, distribution, and alpha generation. Ultimus’ solution takes care of the operational load, providing you with the ability to expand your capabilities, adapt more quickly to changing market conditions, and focus on what you do best – growing your funds and devoting time to client service.
Economical Solution
By utilizing a variable cost model that scales up or down as your needs change, our comprehensive package of front, middle, and back-office trade services provides cost-effective access to high-quality trade management capabilities and cost benefits as you grow. Outsourcing trade services is an economical solution that helps you eliminate the need for significant investments in trading infrastructure, technology, and personnel.
Front Office Trade Service Solution
Ultimus supports a fully integrated outsourced front office solution through our strategic partner, PennHaven Brokerage Partners. PennHaven provides fully customizable trade service solutions through cutting-edge technology and a dedicated team of specialists. PennHaven’s service offerings include:
- Agency only trade execution
- Integrated technology and real-time reporting and analytics
- Regulatory oversight and reporting
- Commission management services
- Best execution and access to liquidity
- Multi-asset class support and integration
- Modeling and basket creation
- Hedge fund and private fund distribution
- Pre-trade Compliance
- Directed brokers and custodial platform for wealth accounts
For complete front-, middle-, and back-office enterprise-wide solutions, combine PennHaven’s custom trade execution services with Ultimus’ tech-enabled post-trade settlement, investment book of record (IBOR), performance and attribution reporting, and institutional investor services to achieve optimum efficiency throughout the trade lifecycle.
Middle Office Services
Ultimus offers a full suite of middle office services tailored to the specific needs of investment management firms. Our comprehensive offering includes trade order management, post-trade processing, reconciliation, and reporting, among other services. By outsourcing these functions to Ultimus, you can enjoy a streamlined operational process that supports your business’s strategic objectives.
Back Office Services
Ultimus partners with investment managers of all sizes to provide customized fund administration services throughout the entire lifecycle of an investment. Offering a wide selection of both registered and private fund administration services, Ultimus continuously invests in best-in-class technology and experienced industry professionals to provide the best service for our clients. Our consultative approach, client-centric culture, and enhanced solutions optimize your investment operations and help you achieve your goals.
Why Choose to Outsource?
- Expertise: Dedicated team comprised of experienced professionals with deep knowledge of trade services and the unique challenges faced by fund managers.
- Technology: Leveraging the latest technology, our services provide robust and reliable trade management solutions that keep pace with market demands.
- Customized Solutions: Understanding that every firm has unique needs, we offer customizable service packages to meet your specific requirements.
- Client Focus: At Ultimus, our clients’ success is our priority. We’re committed to providing outstanding service and support to help you achieve your business goals.
- Value Creation: Utilizing a variable cost model versus a fixed model creates opportunities, efficiencies, and lowers your total cost of ownership while providing significant benefits as you grow your funds.
Get Started with Ultimus
Ready to streamline your trading lifecycle, focus on alpha generation, and scale your business efficiently? Contact Ultimus today to learn more about our outsourced trade services and how we can support your firm’s growth. Together, we can create a tailored solution that meets your exact needs and positions you for long-term success in the competitive world of asset management.
