News & Events

2011

Platform Provider To Family Offices Plans Asian Offices

01 November 2011

Source WatersTechnology

SRL Global looks east as ultra-high-net-worth family offices move assets to Asia

Statistical Research Laboratory Global, the provider of a data management platform to family offices with assets under management greater than €1 billion, is planning to open offices in Asia in the first quarter of next year.

London-based Neil Puri, chief executive officer of SRL Capital, said the move is a response to demand from clients who are moving their assets to Asia, and that the company is considering opening offices in Singapore and Taiwan. […]

Platform Provider To Family Offices Plans Asian Offices

Managing your Managers

13 July 2011

Source FamilyOfficeGlobal (FOG)

The board and investment teams of single and multifamily offices have never faced greater challenges in managing and monitoring their investments.

Transparency, risk measurement and management have all become key requirements for the day-to-day dealings of a sophisticated family office. Complex multi-asset portfolios that consist of derivatives, fixed income, hedge funds and direct equities are common place. […]

Pension funds remain uncertain about traditional assets

09 June 2011

Source Pensions Age

Unease about the prospects for traditional assets remains, with only 12.5% of institutional investors saying they might increase their allocations to overseas equities, UK bonds and fixed income securities, property, hedge funds and commodities, while 20% liked infrastructure assets, a survey by SRL Global has shown.

The survey, questioning 59 pension funds, their associated asset managers, consultants and other institutional investors, found that 21% anticipated a decline in UK equities, while 12.5% also expected declines in their overseas equity holdings and in UK bonds and other fixed income securities. […]

Pension funds remain uncertain about traditional assets

No IT? No Comment

April 2011

Source Pension Funds and their Advisers 2011

The financial crisis and its concomitant regulatory reaction have dramatically increased the pressure on pension fund trustees. The challenge is having to balance the need to boost investment returns by including new complex asset classes, with greater responsibility to monitor and understand the resultant aggregate risk of the investment portfolio. Neil Puri, Chief Executive of SRL Global explains the problem and the answer which, to translate Audi's famous slogan, is: Progress through Technology.

It's tough being a trustee of a pension fund these days. Not that the job was ever easy, but the recent financial crisis and high profile bailouts, both corporate and sovereign, have thrown up all sorts of new demands and flagged risks that, hitherto, had rarely been recognized and, even more rarely, considered…

No IT? No Comment

Hey you, get onto my cloud

1 March 2011

Source IPE Magazine

Talk to large financial institutions about hedge fund managers, and you might get the idea that they all run on seat-of-the-pants infrastructure riddled with 'operational risk'. And yet a significant part of the industry – in places like high-frequency trading and the better fund of funds – has been established by professionals who left big institutions because their ambitions hit operational brick walls.

"Hedge funds are one part of finance that has really got to grips with using technology to improve efficiency and costs," says Neil Puri, CEO of SRL Global. "Fewer than 100 hedge funds manage more than $1bn (€730m), but they deploy a huge array of sophisticated tools. And yet pension schemes managing tens of billions of euros often do so with very little technology." […]

Hey you, get onto my cloud

Movers & Shakers: Feb 28

28 February 2011

Source Financial Times (FTfm)

SRL Global, the technology advisory group, has appointed Robin Ellison, formerly chairman of the National Association of Pension Funds, to its executive advisory board. […]

Movers & Shakers: Feb 28

Former NAPF chairman Ellison joins SRL board

23 February 2011

Source Professional Pensions

Former National Association of Pension Funds chairman Robin Ellison has joined the executive advisory board of investment data firm SRL Global.

In the newly created role, designed as part of SRL Global's move to strengthen its position in the pension fund market, Ellison (pictured) will promote the firm's software products to schemes, enabling them to monitor their investments managed by multiple fund managers. The product also helps funds manage risk and diversification.

Ellison said: "This product has been around for five years and has been primarily used in hedge funds. The board want to develop this by making it more accessible to pension funds. At the moment funds are looking at the product, but I'm here to make it more user-friendly." […]

2010

SRL Global's Portfolio Tracker Follows Multiple Managers Trade By Trade

December 2010

Source Institutional Investor

Neil Puri believes he has started a revolution. Admitting that it happened "more by luck than by judgment," the CEO of London-based SRL Global asserts that the investment world has been transformed by a software platform he designed to help asset owners track their hefty portfolios.

SRL's Nexus Enterprise Solution is a specialized portfolio management tool for clients that don't invest directly in securities, such as funds of funds, endowments and family offices. According to Puri, these investors "want to see how their manager allocations — both traditional and hedge fund — fit all together as a whole portfolio. […]

The challenge of de-coupling investment risk from technology needs

November 2010

Source Global Wealth

Risk management, compliance and administration become more important as investor interests become more complex. But unwinding a middle and back office contract can take months or even years, jeopardising the whole portfolio in the process. Caroline Allen talks to SRL Global, which offers an 'outsourced, in-house' solution to technology demands.

The daily deluge of data is becoming an increasing burden for managers overseeing all but the simplest portfolios. Data accuracy, security and manipulation is an integral part of any investment management, without effective handling it threatens to stall and/or distort the process, but if properly controlled it can be a very powerful commercial advantage.

The challenge of de-coupling investment risk from technology needs

SRL Global Chooses SIX Telekurs for Pricing and Index Data

14 October 2010

Source Finextra

SRL Global, originally established as a trading and technology joint venture with Man Group Plc in 2007, now an independent specialist technology boutique offering its services to financial buy-side institutions, recently signed an agreement with SIX Telekurs U.K. Ltd to take end of day pricing and index benchmark data for its Nexus Enterprise Solution. SIX Telekurs' apiD solution provided a comprehensive interface to their existing technology.

SIX Telekurs are providing end of day pricing data to SRL Global through their Valordata Feed (VDF) and Intraday Pricing Service (IPS). The SIX Telekurs' apiD solution enables timely loading of the data into SRL Global's NEXUS Enterprise Solution which produces analytics for their client portfolios on their positions, including their exposures and risks. […]

14 October 2010

Source SIX Telekurs

London, United Kingdom SRL Global, originally established as a trading and technology joint venture with Man Group Plc in 2007, now an independent specialist technology boutique offering its services to financial buy-side institutions, recently signed an agreement with SIX Telekurs U.K. Ltd to take end of day pricing and index benchmark data for its NEXUS Enterprise Solution. SIX Telekurs apiD solution provided a comprehensive interface to their existing technology. […]

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SRL Global completes capital raise and offers new products

26 July 2010

Source Finextra

SRL Global a technology partner to pension funds, insurance companies, endowments and large family offices, has recently announced that it has completed a significant capital raise.

Following the recent investment by Augmentum Capital (a fund backed by RIT Capital Partners Plc, the investment trust in which Jacob Rothschild is a substantial investor) and Revere Capital Advisors LLC (founded by ex-board members of Man Group plc), SRL Global will further accelerate its product development whilst delivering to its clients a market leading service. […]

Augmentum and Revere invest in SRL Global

26 July 2010

Source Private Equity Wire

Augmentum Capital, a growth capital fund backed by RIT Capital Partners, and Revere Capital Advisors have made an investment in SRL Global, a technology partner to pension funds, insurance companies, endowments and large family offices.

Augmentum and Revere led a GBP7.5m funding round in the company in exchange for an equity interest. Both investors will join the board at SRL Global. […]

Roundtable Discussion 1st Half 2010

Source swissHEDGE

Roundtable Discussion 1st Half 2010

Hedge Funds Face Massive Transformation

5 May 2010

Source Wall Street & Technology

As they prepare to comply with new and more stringent rules, hedge funds must align their technology and processes to provide the transparency demanded by regulators and investors alike.

Nonetheless, experts stress, even while hedge funds often are reluctant to spend money in areas where they will not see a return, they must act now to ensure that they are ready ahead of a potential SEC examination. "The theme is the dog wanting to wag the tail rather than the tail wagging the dog," says Neil Puri, CEO of Statistical Research Laboratory (SRL), a U.K.-based technology company whose Nexus investment platform promotes transparency by allowing institutions to aggregate and evaluate all their holdings together. […]

Broker models: who owns the assets?

14 May 2010

Source Banking Technology

…There is understandable concern amongst buy side firms that all of their eggs may be in one basket/broker, and this has led to a growth in multiple broker relationships, by which the funds limit the risk of a counterparty defaulting in the manner of Lehman brothers.

That in itself can add to risk says Neil Puri, chief executive of Statistical Research Laboratories, an investment systems specialist. "In the post Lehman world counterparty exposure is clearly the key concern for both investors and managers. With diversification, however, a number of issues beyond the reporting complexities of having multiple counterparties are apparent. There is no longer a holistic view of the underlying inventory. Banks themselves require transparency to truly assess the money manager's risk. Consider the extreme example of a manager with two prime broking relationships - the account at one going short and at the other going long, with each prime broker seeing incomplete information". As he notes, "Risk isn't additive. If manager A is long on Vodafone and has a risk of x and manager B is short on Vodafone and has a risk of y, then net net you're flat on Vodafone, but your risk position is not simply the risk of manager A plus the risk of manager B, you need to know the underlying portfolio positions." […]

Revere Capital Advisors Promotes Increased Transparency With New Partnership

15 April 2010

Source Wall Street & Technology

Revere, a New York, London and Singapore based investment group and hedge fund platform said its new partnership with Statistical Research Laboratory reflects its commitment to provide investors with state of the art technology and operational infrastructure.

Revere Capital Advisors announced its equity partnership with Statistical Research Laboratory (SRL), a UK-based technology company focused on providing the asset management industry with greater transparency. […]

Revere Capital Advisors Takes Equity Stake in Statistical Research Laboratory

15 April 2010

Source Advanced Trading

Revere Capital Advisors LLC had entered an equity partnership withStatistical Research Laboratory (SRL), a U.K.-based technology company focused on providing the asset management industry with more transparency.

Revere is a New York, London and Singapore-based investment group and hedge fund platform. The company said the investment reflected its commitment to provide investors with state of the art technology and operational infrastructure. […]

Hedge Fund Seeder Partners With UK Statistical Research Laboratory

15 April 2010

Source HedgeCo.net

New York (HedgeCo.net) – Hedge fund seeder, Revere Capital Advisors LLC has launched an equity partnership with Statistical Research Laboratory (SRL), a UK based technology company.

New York, London and Singapore based, Revere was founded by former Man Group CFO Dan Barnett, as well as other former senior executives of hedge fund giant Man Group, including Harvey McGrath and Michael Stone. […]

Statistical Research Teams Up with Progress Software on HFT Algo Trading

26 February 2010

Source Advanced Trading

Progress Apama's complex event processing platform will drive SRL's outsourced solution for brokers and hedge funds.

Progress Software has joined forces with London-based Statistical Research Laboratory (SRL), to offer brokers and hedge funds a complete solution for high frequency algorithmic trading as well as the operational components related to monitoring P&L, risk and back-office functions. The Progress Apama Complex Event Processing Platform (CEP) will power the SRL solution, intended to be a one-stop shop solution for quantitative and algorithmic trading. The offering consists of two components: 'Broker in a box technology,' providing brokers with outsourced algorithmic trading and internalization capabilities across multiple asset classes, and 'hedge fund in a box' capabilities offering hedge funds the technology platform to trade complex, high frequency trading strategies as well as to manage and a monitor P&L, risk and back office functions such as reconciliations and corporate actions. The solution will also enable users to internalize order flow as another significant cost saving, according to the release. […]

Statistical Research Laboratory and Progress to deliver trading solution

25 February 2010

Source hedgeweek

Progress Software has joined forces with Statistical Research Laboratory, a company developing software for financial trading desks, to provide a trading technology solution for brokers and hedge funds.

The SRL solution will be powered by the Progress Apama complex event processing platform […]

Statistical Research Laboratory Teams up with Progress Software to Deliver Unique High Frequency Algorithmic Trading and Connectivity Solution

25 February 2010

Source BNET

Apama® Complex Event Processing platform provides brokers and hedge funds with a one-stop shop solution for quantitative and algorithmic trading

LONDON -- Progress Software Corporation (NASDAQ: PRGS), a leading software provider that enables enterprises to be operationally responsive, announced today that it has joined forces with Statistical Research Laboratory (SRL), a dynamic and innovative company developing software to deliver plug-and-play solutions to financial trading desks, to provide a complete trading technology solution for brokers and hedge funds.

The SRL solution will be powered by the Progress® Apama® Complex Event Processing (CEP) Platform. It will offer two components; 'Broker in a box' technology, providing brokers with outsourced algorithmic trading and internalization capabilities across multiple asset classes and 'Hedge fund in a box' capabilities, offering hedge funds the technology platform to trade complex, high frequency trading strategies as well as to manage and monitor P&L, risk and back office functions such as reconciliations and corporate actions. The solution will also enable users to internalise order flow -- another significant cost saving. […]