Summit and CoVision link up for hedge fund trading platform

The platform will enable hedge fund managers, via CoVision, to access real-time trading analytics, transaction processing and a risk management operating platform. The integrated technology and operating infrastructure is based on those used by traders at financial institutions.

Summit Systems claimed the complete analytics and processing for exchange-traded and over-the-counter derivatives will expand hedge fund managers’ list of investment and hedging alternatives. The real-time risk management tools and institutional-quality middle and back-office are designed to address the growing institutional focus on market and operational risk management, the company said.

“The growing complexity and speed of markets, as well as increased investor focus on risk, make sustainable manager success more difficult to achieve, added Brian Zipp, CoVision founding partner. “We believe that creating the operating infrastructure typical of major financial institutions is becoming increasingly important in building a successful hedge fund business,” he added.

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here