Custom Solutions

Collaborative Software Development

We routinely take on projects of a consultative nature that address specific client requirements and problems. These custom projects are almost always technology intensive, involving development which others are unwilling or unable to do. Our internal development capability affords us the opportunity to customize software. Clients benefit from a platform that meets their specific requirements today and may be enhanced for the future.

Capitalizing on our experience in the alternatives industry, we built FM3 from the ground up to tackle the challenges of servicing alternative investments. Technologists and developers are embedded in-house to optimize collaboration and learn via front-line exposure to our service environment. We believe our custom projects approach to system development drives an outcome which is otherwise difficult to achieve.

Used day in and day out as our internal fund servicing solution, FM3 has evolved into an open third generation technology platform that is comprehensive in scope and extensible in design. FM3’s service oriented architecture provides unfettered functionality, scale and possibility.

Recent projects are summarized below.

Order Management for Private Placements

FM3 Order Management was enhanced to accommodate automated hedge fund and private equity fund dealing for a large private bank.

Investor Management

FM3 Investor was enhanced to support implementation of a hybrid fee structure and specialized investor life-cycle requirements of a large New York based hedge fund manager.

Mezzanine Financing

FM3 Portfolio was developed to support a large private equity manager investing in private debt, private credit and equity including “middle of the capital structure” instruments such as mezzanine debt.  Among other things, features included specialized private debt functionality; tranche based syndicated credit facility financing, investor performance reporting and on-line reporting website.

Form PF

Developed Form PF solution to support the regulatory consulting practice of one of the wold’s largest professional services firms.

Risk Reporting

Developed Risk and Performance Reporting for a large pension fund that invests across multiple asset classes including hedge funds and private equity funds.  Features included open protocol based transparency and risk reporting for underlying alternative funds portfolio.