Admins betting big on evolving technology
When it comes to technology, everybody wants the latest and greatest system to catapult them over the competition, and hedge fund administrators are no exception. "It's a new concept in how managers and administrators work together," says Head of Commercial Strategy at Arcesium David Nable
Arcesium: Streamlining the Complex Post-Trade Processes
Arcesium offers a unified, open-architecture, fully hosted technology platform for the entire post-trade process. "We have deployed our solution in the cloud, which makes it straightforward for us to scale it up and down to meet the needs of different kinds of funds," begins Bryan Dougherty, managing director and head of technology, Arcesium.
Institutional Investor Names Arcesium CEO Gaurav Suri to 2018 Trading Technology 40
Innovation with a high-tech gloss isn't confined to the front office. Quantitative hedge fund firm D.E. Shaw Group demonstrated that with its 2015 spinoff of posttrade servicer Arcesium. Headed by former D.E. Shaw head of information technology and software development Gaurav Suri, Arcesium offers such services as prime brokerage margin replication, internal books and records, profit-and-loss and portfolio data warehousing, SWIFT-integrated wire platforms, and fund-administration reconcilers.
Banking CIO Outlook Names Arcesium to Top 10 Treasury Management Technology Solution Providers - 2018
Unlike typical startups that develop a product and then search for the best market opportunities, the Arcesium platform was designed, built, and tested to service the sophisticated treasury team within the D.E. Shaw group, a global investment and technology development firm with more than $46 billion in investment capital as of October 1, 2017.
Institutional Investor Names Arcesium CEO Gaurav Suri to 2017 Trading Technology 40
Rare is the start-up that has 300 employees and customers as prestigious as Blackstone Alternative Asset Management and D.E. Shaw & Co. on day one. That was the good fortune of Arcesium, a post trade services specialist that D.E. Shaw spun out of its own operations in 2015 with a management team led by Gaurav Suri, who had been the renowned, high-tech hedge fund firm's head of information technology and software development.
Balyasny Asset Management Joins Arcesium Technology and Services Platform
Arcesium LLC ("Arcesium"), a technology and services company that provides comprehensive post-trade solutions for alternative asset managers, today announced that Balyasny Asset Management L.P. ("Balyasny"), an investment management firm with approximately $13 billion in assets as of December, 2016, has gone live on Arcesium's platform for its middle- and back-office operations.
A New Industry Utility? DE Shaw Group spin-out on changing times.
HFMTechnology hears why former DE Shaw Group CTO Gaurav Suri thinks the hedge fund sector is due for a shake-up. “I really believe a technology solution like ours will be the wave of the future for the industry, so our goal is to have Arcesium’s software solution become the gold standard that any firm can use to manage its posttrade activities,” says Arcesium’s CEO Gaurav Suri.
May 31, 2016
EJF Capital Joins Arcesium Technology and Services Platform
Arcesium announced today that EJF Capital LLC, an alternative investment firm that currently manages approximately $4.9 billion (as of April 30, 2016) in assets, has chosen Arcesium’s full service platform for its middle and back-office needs.
Institutional Investor Names Arcesium CEO Gaurav Suri to 2016 Trading Technology 40
In March 2015, aiming to capitalize on requirements in the alternative-investment marketplace for greater operational efficiency and transparency, D.E. Shaw Group announced the launch of Arcesium, an independent spin-off to sell posttrade technology that the hedge fund firm had developed.
Institutional Investor: Arcesium Brings Precision to Posttrade Analysis
The Hedge fund giant D.E. Shaw launches an independently operated company to provide sophisticated software and services to handle asset managers’ posttrade activities. In the wake of the financial crisis, and the raft of regulation that resulted from it, investors have been pushing hedge funds to provide greater transparency. As managers step out from the shadows, they are devoting more of their time and resources to shadow accounting — replicating the books and records created by their third-party fund administrators to ensure their accuracy.
March 2, 2015
Arcesium Launched as Leading Edge Technology Company Providing Asset Managers with Key Software and Services for Post-Trade Activities
The D.E. Shaw Group, a global investment and technology development firm, and Blackstone Alternative Asset Management (BAAM), the world’s largest discretionary allocator to hedge funds, today announced the launch of Arcesium LLC, a new, independently operated technology and service company that will provide asset managers with software and service solutions for their post-trade activities.
DE Shaw, Blackstone Upend Post-Trade for Alternatives, Eye Broader AM Space Next
Major hedge funds adding a new revenue stream by opening up their proprietary technology to the outside world isn’t new, but it’s always notable. This is especially the case with Arcesium, the Blackstone Alternative Asset Management-DE Shaw tie-up.