Liquid Holdings Group reports that it will be among the first group of approved service providers that investment manager FIS Group will offer to its roster of emerging investment managers via its Ecosystem program.
Liquid Holdings, formed in 2012, is a cloud-based technology and managed services provider to the global hedge fund and trading markets. It also describes itself as a provider of a single platform that integrates order, execution, and risk management, as well as reporting and shadow net asset value, for the financial services community.
FIS Group, an investment management firm formed 18 years ago, describes itself as a specialist in sourcing and building emerging manager portfolios. FIS created the Ecosystem effort “to assist talented entrepreneurial portfolio managers in the formation and strengthening of new asset management firms,” according to a statement.
The Ecosystem is “funded entirely by revenue generated from FIS Group’s core business and provided at no cost to the managers,” according to the statement, which also notes that the Ecosystem “leverages FIS Group’s relationships in the marketplace to negotiate discounts from shared service vendors and facilitate introductions to potential capital providers.”
Liquid becomes one of the “initial group of 17” Ecosystem service providers that can help emerging investment managers aiming to “institutionalize their business while meeting increased investor demands for transparency,” say FIS Group officials.
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