Overview
One of the largest and most profitable multinational hedge funds, requiring a data partner capable of meeting demanding coverage, timing, and quality standards for its Exchange Traded Derivatives (ETD) operations.
Challenge
The hedge fund was experiencing data quality and timing issues with its large data vendors. It needed a provider that could meet its coverage, pre-market timing, and data quality requirements to support its ETD trading, regulatory, and compliance needs.
Solution
Smartstream worked in close partnership with the hedge fund to develop a tailored solution, delivering an innovative Short Sell service and Custom Exchange Notification Service. The solution also included ETD reference data with pre-market delivery and tight SLAs, alongside a Regulatory Register for tracking evolving regulatory data.
Benefits
The hedge fund gained enhanced in-house control over its listed derivatives and regulatory reporting, with increased transparency and accountability across reporting processes. High-quality reference data improved the accuracy of regulatory submissions, driving compliance and operational excellence.
Innovate and Customise
