Crossroads Capital Management Partners With AlphaDesk
DUBLIN, December 7, 2016
Crossroads Capital Management Ltd (CCM), one of Ireland’s highly regarded, independently owned Investment Management Service Providers, has licensed AlphaDesk, the cloud-based software provider to hedge funds and other investment managers. In partnership with AlphaDesk, CCM enables both discretionary and non-discretionary investment managers to access a fully integrated Portfolio Management and Order Management System for trading, compliance monitoring and portfolio risk reporting.
With increased regulation in Europe, the market for investment management platform solutions has expanded rapidly in recent years, particularly with AIFMD. CCM, as a fully authorised Alternative Investment Fund Manager (AIFM) is well positioned to offer a range of investment services to a variety of global investment managers and advisers focused on raising capital in Europe.
Donnacha Loughrey, Managing Director for Crossroads Capital Management, said “We are delighted to partner with a leading technology provider such as AlphaDesk. We chose AlphaDesk because they offer a comprehensive state-of-the-art portfolio and risk management solution for our clients. AlphaDesk provides a flexible and fully customised portfolio management system with advanced compliance monitoring, and portfolio analytics which are essential features required for our business. Other important considerations in our selection were that the software is easy-to-use, very reliable, and extremely cost effective. We are very excited to embark on this partnership and collaborating with AlphaDesk going forward”.
Kevin Galliers, Chief Operating Officer for AlphaDesk, adds “Crossroads selected AlphaDesk following a detailed analysis of major software service providers, and we are extremely excited by the combination of CCM’s expertise in helping investment advisors raise capital in Europe and our front-to-back multi-asset class platform. Cloud-deployed and supported software is ideal for growth-oriented managers, keen to take advantage of market opportunities”.
About Crossroads Capital Management
Crossroads Capital Management Limited is an Alternative Investment Fund Manager (AIFM) performing a range of management functions including portfolio management and support for marketing activities for each fund under management. Authorised by the Central Bank of Ireland, CCM acts as a regulated investment manager and is compliant with the AIFM directive allowing it to form and launch non-UCITS funds (QIAIF’s) for international investment managers and their strategies.
AlphaDesk delivers real-time order, portfolio, and operations management tools to fund managers. The managed cloud service supports multiple portfolios, strategies, asset types, currencies and custodians in a single, integrated solution. Through the use of cutting edge cloud technologies the system achieves unparalleled performance, functionality, and value for money.