

With flat market performance, portfolio managers are under increasing pressure to deliver alpha, and at the same time to reduce portfolio operating costs. This has driven a move towards more diversified portfolios and more innovative and efficient investment techniques, often supported by increased use of derivatives.
Coupled with this, regulators and clients are demanding tighter operational, compliance and risk controls, with increased transparency and a fully audited investment process.
In support of these increasing demands, Fidessa LatentZero has partnered with a number of the world's leading asset managers to develop Capstone Tesseract, a state-of-the-art portfolio management decision support tool for all asset classes. The product provides easy-to-use support for many investment styles and analysis/order generation techniques, while providing integrated compliance, investment control and audit trail.
We recognize that the investment process is not a commodity - it is the competitive advantage of the asset manager. Tesseract provides the framework to enable the manager to concentrate on generating portfolio returns in a controlled environment.