• MIK News June 2010 – MIK continues its rapid growth by adding two new multi-asset hedge fund clients in June. Both clients are implementing the MIK Data Warehouse and Real-Time Portfolio Monitor platform to aggregate and report on data from their existing trading and accounting infrastructure. May 2010 – A major Commodities Hedge Fund has selected MIK’s commission tracking and reporting application to provide in depth analysis across the suite of brokers with whom they do business, with complete drill down to the most granular level data. April 2010 – Two multi-billion dollar hedge funds have chosen MIK’s Data Warehouse and Reporting Platforms for full implementation. February 2010 – A $5 Billion dollar hedge fund has kicked off the implementation of MIK's Real-Time Portfolio Monitor platform for firm wide real time PnL and investment process support. December 2009 – 3 Multi-prime hedgefunds have decided to implement MIK's Commission management and reporting solution. This solution enables hedge funds to conduct comparative analysis on commissions and therefore shift business to those brokers providing the highest degree of service in research, sales and execution in conjunction with the best rates. November 2009 – A multi-billion dollar hedge fund has chosen to implement MIK's Broker Vote Application. With the use of the Broker Vote, the analysts and traders at the hedge fund can participate to provide quantitative, centralized assessments of each of their broker relationships, which in turn facilitates discussions with brokers to provide areas of improvement and also to drive business to those that have ranked exceptionally high. By capturing each period’s vote data, it also allows year over year comparisons of rankings, which helps build long term relationships between the fund and the brokers. October 2009 – MIK has developed a Compensation Modeling application that enables a hedge fund management team to model specific scenarios, taking into account legal agreements as well as qualitative distributions of bonus based on individual team member’s contributions. This software was designed specifically for hedge fund compensation, taking into account specific rules and levers that are integral to the process, but are not available with off the shelf products. August 2009 – MIK continues to add hedge funds to its Real-Time Portfolio Monitor platform. MIK is implementing its Real-Time Portfolio Monitor platform at a $2B+ multi-strategy hedge fund client. We are integrating the hedge fund’s OMS, accounting and market data into a customized user front-end, and are also creating an automated, straight-through process for obtaining updated information from, and sending data to the client’s third-party applications. The Real-Time Portfolio Monitor leverages the client’s MIK-built data warehouse capacity to give users sophisticated real-time analysis. July 2009 – MIK recently added a $2B multi-strategy hedge fund as a client. We are developing a data warehouse and full end-of-day performance, attribution and exposure reporting, as well as several investor reports. MIK is integrating daily OMS transactions and end-of-day positions from the client’s accounting system, and obtaining market data from Bloomberg.