Hazeltree announced a series of enhancements to its treasury and liquidity management platform, that is expected to benefit hedge fund and private markets clients with enhanced user experience, increased ease of remote access, and more robust security.
This will allow processing of transactions on the Hazeltree platform from anywhere at any time, as hybrid work models become the norm.
“These enhancements showcase our commitment to innovation and helping our clients thrive in today’s dynamic alternative asset management industry,” said Stephanie Miller, CEO of Hazeltree, in a statement. “We have extensive plans for continued updates in the year ahead as we continue to scale the business and expand our product suite.”
Key functionality includes:
- Secure remote access: Removal of the requirement for IP whitelisting allows clients to access Hazeltree solutions from a laptop or remote work location.
- Mobile approver app: Allows Hazeltree users to approve or decline transactions, including vouchers and wires, while on the go, on smartphones, tablets, and other devices, and stay in control of workflows. With the app, fund admins can “switch companies” to support multiple clients.
- Redesigned interface for open trades: Streamlines the collateral and margin process and improves usability for enhanced trading efficiency.
- Cash and bank management upgrades: Bank fees are now parsed, loaded, and shown in “wallets,” and wire processing speeds are faster.
Richard Winter, chief technology officer at Hazeltree, said in a statementL “Our extensive security revamp serves as the foundation for new capabilities to allow sophisticated workflows, especially for individuals on the move, solving a particular pain point for clients.”