Refinitiv, the financial market infrastructure and data provider have announced today that WeTrust Asset Management, a hedge fund based in Singapore, has adopted its solutions. In particular, WeTrust has adopted the end-to-end data and workflow solutions in order to support its operations in investment management.
Partnering Up With An End-To-End Solution
Refinitiv, comprising of AlphaDesk, Eikon, and REDI EMS, will provide WeTrust with a cross-asset, multi-broker electronic execution platform.
Alongside this, it will also equip the firm with integrated risk, automated pre-post trade management, rebalancing, modeling, as well as live P&L for its order management. Alongside this, Eikon terminals will further provide accessibility to analytics and research by way of an integrated offering, as well.
When you focus on the back office, Refinitiv will also help the firm facilitate automated reconciliation with counterparties, historical transactions, reporting, and performance. Alongside, dividends, shadow NAV, and corporate actions stand as part of the services Refinitiv can provide
Boosting Singapore’s Financial Space
Paul Palackel stands as the Business Director of Trading Solutions for Refinitiv, and gave a statement about the matter at large. He explained that his company was delighted to take part in the growth of WeTrust in its journey in Asia. Alongside this, he expressed delight from his company over supporting WeTrust’s operations as the hedge fund continues to grow.
Palackel stated that Refinitiv’s cloud-based platform offers hedge fund managers a one-stop-shop style solution. Palackel highlighted how this solution provides a seamless path for integration and implementation, thus allowing for significant agility and cost savings for the professionals within the buy-side community.
Palackel also added that the adoption of Refinitiv’s solutions by WeTrust runs in line with Refinitiv’s strategic vision. He stated that this vision was to focus on expanding Refinitiv’s offerings while the financial sector of Singapore continues to evolve and grow, as a whole. Palackel described Refinitive’s goal as to help its clients get their respective operations up and running quickly, doing so by the delivery of a front-to-back solution that is flexible, scalable, interoperable, as well as compliant.
Mutual Benefit To All Parties
Keith Wu stands as the Founder and Chief Investment Officer of WeTrust Asset Management, and gave his own comment about the matter, as well. He highlighted how his company had successfully launched a cross-border hedge fund, establishing a presence within both Shanghai and Singapore, doing so amid the COVID-19 pandemic.
Wu stated that he was pleased to have made this partnership with Refinitiv, as it allows WeTrust to establish an operation set up at an institutional level. Wu further highlighted that his firm was very much impressed with Refinitiv’s investment platform, as they adopted it to support the firm’s growth and workflow.