About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Convexity Adopts Asset Control’s AC Plus as Starter Pack

Subscribe to our newsletter

Newly launched hedge fund Convexity Capital Management’s selection of Asset Control’s AC Plus platform is aimed at setting in place a reference data infrastructure that to underpin the fund’s expansion into new areas of business.

Convexity implemented AC Plus in under two days, and is using the system as its central repository in support of its integrated front-to-back-office processing systems. The relatively straightforward installation – there was no legacy platform to integrate with – will initially be used to handle data from one major data feed, but is expected to be migrated to others as the hedge fund moves into additional markets.

Convexity, based in Boston, was established last year by Jack Meyer, investment chief of Harvard University’s $25.9 billion endowment plan, with other former Harvard Management Co. executives. Harvard itself has pledged to invest around half a billion with Convexity.

So far, the fund has been tight-lipped about its plans, beyond stating that it expects the AC Plus platform to provide the “scalability to grow the system as the company grows.” More specifically, the fund cited AC Plus’s ability to link information such as security master and corporate actions.

David Hirschfeld, senior vice president of operations at Asset Control, says AC Plus initially will handle a single, unnamed feed at Convexity – an implementation he likens to a ‘starter pack’ – most likely from Bloomberg, Interactive Data or Reuters, although Hirschfeld isn’t saying. The AC Plus platform ultimately is expected to integrate further external data sources, and will distribute data to Convexity’s in-house applications.

The rapid deployment was also possible, Hirschfeld says, because the client had a very clear idea of what it wanted. Asset Control was also able to run a close-to-production version at its own premises, before delivering AC Plus was delivered turnkey, configured to the business requirements as defined by Convexity.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: An Agile Approach to Investment Management Platforms for Private Markets and the Total Portfolio View

Data and operations professionals at private market institutions face significant data and analytical challenges managing private assets data. With investors clamouring for advice and analysis of private markets in their search for returns, investment managers are looking at ways to gain a more meaningful view of risk and performance across all asset types held by...

BLOG

Cautious and Steady Adoption of Unstructured Data Capabilities Advocated by Experts in DMI Webinar

Financial institutions are taking a considered approach to integrating unstructured data into their systems, exercising caution as they get to grips with the mushrooming data format and the technology that is enabling generation of it. At the most recent A-Team Group Data Management Insight webinar, experts and audience members alike attested to the growing importance...

EVENT

Data Management Summit New York City

Now in its 15th year the Data Management Summit NYC brings together the North American data management community to explore how data strategy is evolving to drive business outcomes and speed to market in changing times.

GUIDE

AI in Capital Markets: Practical Insight for a Transforming Industry – Free Handbook

AI is no longer on the horizon – it’s embedded in the infrastructure of modern capital markets. But separating real impact from inflated promises requires a grounded, practical understanding. The AI in Capital Markets Handbook 2025 provides exactly that. Designed for data-driven professionals across the trade life-cycle, compliance, infrastructure, and strategy, this handbook goes beyond...