The Platform

A web-based platform that enables funds to track their performance on a day to day basis...

Overview Features Technology

Overview

The FMO platform is an online multi-currency portfolio management system that is used by global hedge funds to manage and report on complex investment activities.

FMO is provided as a 'hosted solution' which means that clients only require an internet connection to use FMO and can get on with the business of managing and growing funds rather than also having to manage large scale technology systems.

FMO is licensed to clients on annual basis in which they are provided with the following services:

  • 'Enterprise Level' access to the FMO online application with a separate database
  • New Releases
  • On Site Training
  • Business Hours Application Support
  • Database Maintenance
  • Database Backups
  • Disaster Recovery Plans
  • Consulting Services

Automated and Controlled Workflow

FMO is a 'front to back' funds management solution that seamlessly tracks the flow of trade data entered in the front office to the middle office where trades entered are then confirmed and electronically submitted to prime brokers and/or administrators.

As trades are entered and confirmed in the system, accounting journals are automatically generated to post transactions to the accounts of a fund’s reporting entities so that a trial balance can be generated for the fund.

Flexible Fund Structures

As the front office are more concerned with information relating to their investment decisions through portfolios, positions and trades, the back office is more focused on the accounting of those investment decisions as transactions in the accounts of reporting entities.

To accommodate the different needs of front office and back office users, FMO organises information into Investment Focused Data, for front office users and Accounting Focused Data for back office users.

Features

Front Office Features

  • Equities
    Ordinary Shares
    Preference Shares
    Warrants
  • Bonds
    Fixed Income Securities
    Floating Rate Income Securities
    Government Bonds
    Interest Rate Swaps
  • Options
    Currency Options
    Equity Options
    Government Bond Options
    Options on Futures
  • Currencies
    Futures
    Swaps
    CFDs
    External Funds
    Interest Rates
    Indices

FMO provides fund managers with the following capabilities:

  • Ability to set-up complex fund structures that reflect the investment decisions in the front office, whilst also catering for the operational functions in the middle and back office.
  • Order Management
  • Portfolio Exposure Modelling
  • Record long or short exposures on a broad range of global asset classes
  • Ability to choose P&L calculation method (i.e. Average Cost / FIFO / Realised Profit Minimisation etc) on closing trades at a portfolio level
  • Conduct attribution analysis to measure portfolio performance by Industry / Currency / Asset Class, etc
  • Access to a suite of live and historical multi-currency reports that include:
    • NAV
    • Profit & Loss (Unrealised / Realised)
    • FX Exposures
    • Open Positions
    • Trade History

Middle / Back Office Features

FMO provides the back office with the following capabilities.

  • Confirming Trades
  • Ability to choose P&L calculation method (i.e. Average Cost / FIFO / Realised Profit Minimisation etc) on closing trades at a fund level
  • Electronic Trade Files to Prime Brokers / Administrators
  • Corporate Actions (dividends / interest / bonus issues / rights issues / takeovers... etc)
  • Journal Processing
  • Bank / Custody Reconciliations
  • Contact Management
  • Automated Emails
  • Revaluations
  • Repos
  • Access to a suite of live and historical multi-currency reports that include:
    • Account Balances
    • Transaction History Reports
    • Trial Balance
    • Income/Expense Reports
    • Stock Holding (Custody) Report
  • FMO-iQ...an online report builder that enables clients to create custom reports for internal distribution that can be viewed in HTML / EXCEL / CSV

Ad-hoc Features

FMO provides additional functionality to assist in the maintenance of FMO.

  • FMO-iQ...an online report builder that enables clients to create custom reports for internal distribution that can be viewed in HTML / EXCEL / CSV
  • User Management...FMO provides clients with a multi-dimensional security module for defining user permissions.

Technology

  • n Tier Application Architecture
  • Object Oriented Design
  • Developed using modern web development technologies such as Microsoft .NET, MS SQL Server 2005, XML, AJAX, DHTML, Web Services...
  • SSL 128 Bit Encryption
  • High Redundancy & Disaster Recovery
  • Multi-Dimensional User Level Security Settings
  • Audit Tracking
  • Multi-Format Reporting
  • System Interfaces with Prime brokers, External Trading Systems, Bloomberg, etc
  • Microsoft Certified Partner

FMO is a robust and scaleable web-based application developed on the Microsoft .NET Platform.

FMO is a hosted application service (ASP) which means that clients do not require any hardware or software other than a browser and an Internet connection. This makes it very easy for FMO to support clients and constantly provide them with new features.

In terms of security, client data is stored on separate databases and maintained within a secure environment that uses 128-bit encryption. FMO also engage third party organisations to conduct ethical hacks of the system to ensure that unauthorised access to the application or database cannot occur.

Client data is also backed up daily to an offsite location for disaster recovery purposes.

FMO also enables clients to define user permissions to functions and data, either at a group level or to the user level.

FMO currently interfaces with major Prime Brokers so clients can upload trade files directly via the Internet.

Microsoft Certified Partner