Hazeltree announced it’s acquired Siman Systems, a provider of enhanced margin replication and financing analytics technology. The acquisition significantly expands Hazeltree’s platform to deliver a complete treasury management solution for asset managers. Siman Systems’ technology integrates into the Hazeltree platform to unify treasury and trading oversight. Financial details were not disclosed.
Benefits include:
- Improved fund returns: active treasury management paired with margin replication further increases fund performance.
- Enhanced margin replication and attribution: precise and real-time margin replication across multiple counterparties.
- Pre- and post-trade margin calculator: when/if calculations optimize pre- and post-trade margin requirements.
- Cost efficiency through collateral optimization: improved collateral usage and reduced financing costs.
- Optimized margin and financing management: visibility into margin and financing exposure, forecasting, and reconciliation further improves fund returns.
- Unified portfolio view: consolidated, real-time view of cash positions, liquidity, margin, and financing across investment portfolios and counterparty accounts.
Siman Systems pioneered real-time margin replication, decoding complex margin requirements and optimizing financing costs across multiple counterparties. Its technology has been widely adopted by leading hedge funds for granular visibility into pre- and post-trade margin, collateral, and exchange calculations.
“Integrating Siman Systems’ enhanced margin replication engine marks a pivotal milestone for Hazeltree’s Treasury Management solution,” said Lokesh Seth, CEO of Hazeltree, in a statement. “It significantly accelerates our ability to deliver comprehensive treasury intelligence and control. Asset managers gain a powerful new tool to manage treasury operations with greater precision and agility, further strengthening our competitive position as the premier end-to-end treasury management solution.”
“Since inception, Siman Systems has sought to provide a complete pre- and post-trade treasury solution, including collateral, margin, financing, cash, and exchange calculations,” said David Simpson, CEO and founder of Siman Systems, in a stateement. “Being part of Hazeltree completes the pre-eminent Treasury Management Solution for the alternative space.”
Joining the Hazeltree team are: David Simpson, the new managing director of Hedge Funds, Ray McGrath, director of Platform and Engineering, as well as Siman’s team of hedge fund treasury solutions experts.