Solutions
Equity Finance
A comprehensive and integrated equity finance tracking and optimization system for hedge funds and asset managers. The application is designed so managers have the opportunity to reduce and optimize borrow costs, improve reporting and attribution of their financing costs, and improve the overall decision making process around equity financing activities. Allows a sophisticated view into all financing interactions with execution brokers, thereby creating a powerful analytic tool to monitor, measure, and evaluate financing activities across a customized array of categories, defined and chosen by the fund.
MIK Differentiator
Putting your broker and financing data to work, MIK’s holistic approach is revolutionizing equity finance management. Our solution allows you to analyze your broker’s rates and availability with your current holdings to add value to your organization like never before.
The Equity Finance tool provides the following benefits:
- An Enterprise broker financing and borrow data capture, reporting and optimization system - time series data and audit trail (rates and holdings)
- Data collection and integration (Brokers, OMS, Accounting)
- User defined views for financing and availability data and trends based upon multiple input criteria
- Improves tracking, analysis and reporting on equity financing activities
- Reporting and charting for rate/availability trends over time, including borrow charges, funding costs and holdings per county party
- Position optimization and allocation management and alerts
- Attribution of funding costs to any level (strategy, PM, region etc.)
- Eliminates the need for time consuming MS Excel based reporting