News

Johnston AM Taps Electra For Billing Automation

June 23, 2014

The long-only, Connecticut-based equities specialist with $3.8 billion under management will use Electra's Billing 3.0, formerly known as Quantum, for revenue workflow management and customized billing, including performance fees and complex fee schedules.

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Take Away Spreadsheets? From My Cold, Dead Hands

February 24, 2014

Microsoft Excel spreadsheets continue to be broadly used at asset management firms. New regulations, risk management concern, and technological advancements are leading buy-side companies to examine ways to lessen their dependencies on these ubiquitous, manual solutions.

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Rebuilding Blocks

February 19, 2014

The damage caused by banking scandals may have been minimized by an event-driven reconciliation solution, says Todd Sloan, senior vice president of reconciliation systems at Electra Information Systems.

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In Transition: Hedge Funds and Transparency Part One

January 07, 2014

2014 is slated to be the first real test year for a number of critical provisions of Dodd-Frank, and in Europe the AIFMD, EMIR and proposed banking union will only add to that overhead. No one including the regulators themselves are fully aware of how all of this will play out.

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Reconciling Alternatives Without Pain – video

November 27, 2013

The search for alpha is leading even traditional asset managers into alternative investments, greatly increasingly the complexity of the reconciliation process. Manual processes and Excel-based models no longer are sufficient, says Electra’s Ian Danic.

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Eagle and Electra Form Strategic Alliance

October 28, 2013

Electra has entered into an alliance with Eagle Investment Systems that will enable Eagle clients to use Electra’s assistance for data collection, fee billing and trade notification. The new alliance builds upon long-standing working relationship between the vendors.

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Hedge Funds Need Tech Upgrade to Attract Institutional Funds

September 12, 2013

Electra CEO John Landry writes that faced with tough mandates from regulators and investors, hedge funds must adopt automated reconciliation systems to improve their operations, mitigate risk and reduce costs.

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AQR’s Path to Reconciliation

August 01, 2013

In order to improve its reconciliations capabilities, Greenwich, Conn.-based hedge fund AQR Capital decided it needed to replace its legacy, largely manual-process-heavy reconciliation system, and turned to Electra Information Systems.

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Anthony Malakian: No Reconciling Dependency on Excel

July 28, 2013

The Waters Technology editor asserts it’s unacceptable that up to 80 percent of reconciliations at major financial institutions still take place through the use of manually intensive, spreadsheet-based platforms and highlights how Electra automated this process for AQR Capital.

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Hedge Funds – the Next Frontier for Automated Reconciliation

July 17, 2013

Electra CEO John Landry discusses how regulatory mandates and the increased flow of institutional money into hedge funds have created a growing demand for automated reconciliation systems from the asset management community. This will force hedge fund to compete for institutional assets on a playing field that’s new to them.

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Client Testimonials

Tammy L. Johnson, Globeflex Capital L.P.
We’ve now been a client for over 11 years and the relationship remains strong. Electra keeps us well informed, continuously innovating and adding functionality. Electra provides information on the latest versions which allows us to take advantage of the latest enhancements as our business requirements change and evolve.
Tammy L. Johnson, Globeflex Capital L.P.

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