A-Team Insight Blogs

Linear Investments Taps genesis Microservices Platform for Cloud-Based Margining Solution

Share article

Linear Investments, which specialises in providing prime brokerage services to hedge funds, has tapped genesis’ microservices platform  to develop its Real-time Portfolio Margin (RPM) cash and margin management system. In line with genesis’ collaboration model, RPM was built based on Linear Investments’ requirements and expertise, and will be re-marketed to other clients by genesis.

RPM is a cloud-based solution for cash management and real-time margin management aimed at prime brokers and hedge funds that need to assess the risk situations of their clients and prospects. The platform helps prime broker clients optimise cash collateral usage across multiple brokers and anticipate margin calls.

According to CEO Paul Kelly, Linear Investments engaged with genesis to develop a pilot product based on Linear’s requirements. “We came up with the knowhow,” he says; “they understand trading and risk, and are able to take it to market.”

Based on genesis’ microservices technology framework, which has been designed for fast and agile software development, RPM is deployed in the cloud, in line with Linear Investment’s service provision methodology, Kelly says. The platform’s flexibility ensures that it meets the varying requirements of Linear Investment’s clients.

The selection of genesis for the project followed Linear’s inability to source an off-the-shelf solution that met its coverage, flexibility, performance and cost requirements. “We didn’t really see anyone else doing this,” Kelly says. Time to market was also a factor. The project was completed in under three months, highlighting the power of the genesis framework to accelerate solution delivery.

The new RPM platform is a key addition to Linear’s technology suite. Says Kelly: “It means that we can now onboard a range of clients, from futures trading firms to fixed income businesses, and are not restricted by asset or product. We can feel comfortable with the risk of the potential client and in turn manage their margin and maximise performance, this is the key to how we scale.” Kelly says Linear’s cloud-based delivery approach is in line with a growing appetite among smaller and medium-sized hedge funds for minimising the cost of infrastructure.

Leave a comment

Your email address will not be published. Required fields are marked *

*

Related content

WEBINAR

Upcoming Webinar: Moving the trading technology stack to the cloud

Date: 17 September 2019 Time: 10:00am ET / 3:00pm London / 4:00pm CET. Migration of financial apps and data to the cloud is well underway as financial institutions take the opportunity to cut the cost of running systems on premise, scale as and when required, and spin up test environments quickly and inexpensively. Moving the...

BLOG

Refinitiv Taps Influx DB for Cloud-Based Trading Analytics

Refinitiv has selected Influx DB to help build additional cloud-based analytics services. The initiative is part of a wider move to shift delivery of Refinitiv services, including real-time and other data, to a service-oriented cloud-based platform requiring minimal client-side equipment or maintenance. The InfluxDB analytics will add to the company’s Velocity Analytics and QA Direct...

GUIDE

Connecting to Today’s Fast Markets

At the same time, the growth of high frequency and event-driven trading techniques is spurring demand for direct feed services sourced from exchanges and other trading venues, including alternative trading systems and multilateral trading facilities. Handling these high-speed data feeds its presenting market data managers and their infrastructure teams with a challenge: how to manage...