Ryedale, the industry’s leading investment management software and solutions provider, has recently assisted in the successful switch of fund benchmarks for FinEx, Russia’s first ETF fund provider.

Seven of FinEX’s funds were transitioned from MSCI indices to innovative and cost-effective indices from German-based Solactive. FinEx already uses the full suite of system technology from Ryedale for their portfolio management. In the case of the benchmark switch, the transition of the funds required an agile system technology due to different approaches in how indices are populated and disseminated to the end client.

Ryedale’s robust portfolio management system (PMS) proved invaluable because of its ability to harmonize the index data, so that the fund managers had full confidence to implement the transition smoothly and efficiently. The systematic and agile PMS environment allows fund managers to concentrate on their core fund management duties, without being distracted by differences in classification approaches used by various index provider and information sources. An expertly built system is a crucial component of a successful index platform.

The emergence of more benchmark providers creates new standards for index-based strategies in investment and risk management technology. As indexation becomes more complex with the incorporation of alternative weighting methodologies and extra factors, like ESG, the ability for seamless integration on a robust platform is critical. Ryedale supports this trend with its core business purpose to offer technological solutions that help clients to develop better investment products.

Ryedale’s unique investment platform has been built upon the experience and expertise of ex-BGI technology and investment practitioners who were instrumental in the success of the passive investing uptake.

Sep 06, 2019

London, United Kingdom

About FinEx Capital Management

FinEx Capital Management LLP is an integrated asset management business providing a full spectrum of investment solutions, including hedge funds, private equity investments, Exchange Traded Funds (ETFs). The small but growing London-based ETF business comprises about a dozen ETFs with assets under one billion. For more information, visit www.finxcapital.com.

About Ryedale

Ryedale delivers a new, cloud-based, full-service IT platform for serious investment businesses. Its software provides industry-leading support for model-driven and quantitative investment strategies, embracing index investments, smart-beta, custom indices, asset allocation, overlays and hedging. Ryedale’s customers include several globally recognised asset management firms and institutions, and a growing number of smaller asset managers who find its ‘Software as a Service’ to be cost-effective and a great fit to their needs.