LONDON (HedgeWorld.com)–Beauchamp Financial Technology’s flagship hedge fund portfolio management system will now have the added benefit of access to Credit Suisse First Boston’s Advanced Execution Services, according to officials.
All trades executed via CSFB will automatically be booked into the Beauchamp portfolio database for mutual clients of the two companies.
The addition will be made in the forthcoming release of the TradeManager FIX connectivity module for FundManager, Beauchamp’s popular hedge fund portfolio management tool. Beauchamp clients will have access to CSFB’s global electronic trading services and direct market access in addition to CSFB’s algorithmic trading product.
According to a statement from Richard Balarkas, managing director and global head of sales within the CSFB Advanced Execution Services unit, the deal will be beneficial to CSFB and Beauchamp’s mutual clients.