eClerx, Trinity Fund Administration and Arbor Financial Systems recently announced the release of the TotalHedge(3) offering, designed as a robust fund administration, technology and middle office processing solution for fund managers.

Fund managers can easily create alpha while simultaneously reducing costs and optimizing operational control. The result is increased transparency and enhanced controls, which can help drive investor confidence.

TotalHedge(3) incorporates both services and technology, ensuring increased operational controls, reduction in fixed costs and help in addressing institutional investors requirements via services such as fund incorporation and day-to-day management.

Tasks such as on-boarding and implementation can be successfully completed more quickly. Customers can also accurately navigate through trade processing and compliance. Fund managers can select services and applications which allow them to personalize the offering as per requirements.

"TotalHedge(3) is a cutting-edge solution that provides market leading expertise across operations, technology and fund administration services,” said Alberto Corvo, Managing Principal for financial services at eClerx.  “With the firm's 'follow the sun' trading capability and strong relationships with prime brokers and custodians globally, this solution empowers fund managers to simplify investment decisions and improve operational efficiencies, while still incorporating the necessary requirements to satisfy investors and regulatory needs."

Highlighting features of the TotalHedge(3) include Trade Processing, which offers complete front-to-back support and covers trade capture, affirmations and confirmations, as well as settlements via a range of workflow tools and best practices that effectively cut down operational risk.

Technological support includes fully hosted solution with administrator and prime broker connectivity, and compliance support within the solution ensures full service solution for pre- and post-trade compliance.

Other features include tax, audit and regulatory support, which allows users to create operational and regulatory infrastructure to support start-ups and established hedge funds, while optimizing audit and tax processes to address various regulatory requirements.