Arcesium launched a platform for investment managers to simplify complex workflows. It optimizes all middle- and back-office functions across asset classes with an operational infrastructure for front-office.
Named Opterra, it gives investment firms expanded self-service reporting abilities to rapidly leverage datasets from across their business in new and more insightful ways, as well as extended reach across today’s fastest-growing asset classes.
The new platform introduces increased operational support for assets including private credit and cryptocurrency, enabling firms to efficiently support any front-office strategy, and introduces more comprehensive regulatory reporting capabilities helping firms maintain compliance with evolving regulations.
Opterra also enables advanced margin simulation calculations via API for the first time, uniting the front-, middle- and back-offices with a golden thread of data for more intelligent enterprise-wide decision making.
“In developing this latest iteration of our technology, our product team took an approach uniquely crafted for today’s complex financial markets, and I am proud of the enhancements to our technology that makes Opterra the most advanced operational infrastructure in the ecosystem,” said Arcesium CEO, Gaurav Suri, in a statement. “Our clients need to be able to drive alpha through operational efficiency, they need the capability to deploy any strategy at scale, and they need to be able to harmonize vast amounts of data. This new platform is the culmination of our mission to match the sophistication of today’s – and tomorrow’s – investment industry and demonstrates our commitment to servicing the entire investment lifecycle for any asset class our clients want to trade”.
Opterra was developed to bring precision to all operational and data-based workflows across the investment lifecycle – from reporting to accounting to treasury and reconciliation – and was designed to intelligently fit the unique operating environments of hedge funds, institutional asset managers and private markets funds. Firms will have the opportunity to deploy Opterra by itself or synchronized with Arcesium’s enterprise data management platform, Aquata.
“In today’s complex landscape, market participants can’t drive the competitive edge they seek if their front-office ambitions are hamstrung by inferior middle- and back-office workflows.” said Arcesium’s head of Product US, Alex Dobson, in a statement. “Opterra is a boundary-breaking platform that turns market complexity into an asset instead of an obstacle. It’s the culmination of years of advancements which bring order, insight, and ease to all post-investment processes – while feeding the value of advanced data back to the front-office. It’s all there in the name: ‘Opt’ for optimal and ‘terra’ representing the solid ground on which funds can expand in any direction.”
Other functions introduced with the launch of Opterra include enhanced amortization calculators for the private credit space, increased operational support for whole loans, and enhanced transaction management capabilities for crypto assets.