Quantedge, a Singapore-based quantitative hedge fund, has selected FundApps to provide automated monitoring of shareholding disclosure requirements. Quantedge’s flagship global quantitative fund is invested across more than 200 markets globally and multiple asset classes such as bonds, equities, commodities, currencies, and insurance-linked securities.
FundApps’ Shareholding Disclosure service automates complex tasks in financial compliance, enabling compliance teams to be more efficient while keeping compliance risk at the minimum. In their search for a Shareholding Monitoring and Disclosure service, Quantedge was looking for a proven partner with an excellent track record of automating complex global shareholding disclosure rules with the highest degree of accuracy for its clients. With FundApps Shareholding Disclosure service, Quantedge is now enabled to scale and generate alpha while minimising regulatory and operational risk.
“In this year alone, there have been a spate of changes or proposed changes from global regulators around compliance. What is clear is that ever-changing regulations are here to stay. Coupled with the economic backdrop of increasing inflation rates and looming recession, firms have their work cut out to ensure that their compliance function is scalable as business expands globally.” Says Andrew White, CEO at FundApps. “With our technology and the right application, manual processes can be automated, and our clients can scale their operations with absolute confidence that regulatory and operational risks remain well managed.”
Since 2010, FundApps has been committed to making compliance simple. With a vast rule library and a dedicated in-house legal and regulatory team, FundApps enables compliance teams to respond more efficiently to regulatory change, increase certainty and reduce complexity in the compliance process.
With offices in London, New York and Singapore, the company monitors over USD 14 trillion in client assets with 1,500+ users from compliance teams at asset managers, hedge funds, pension funds, sovereign wealth funds and banks around the world.
Quantedge was founded in 2006 and as of July 2022, manages over USD 3 billion worth of assets. It has garnered numerous international awards and accolades over the years including Top 5 Large Hedge Funds by Bloomberg, Best Asian Billion Dollar Hedge Fund by EurekaHedge, Fund of the Year by AsiaHedge, Best 100 Hedge Funds by Barron’s and Best Diversified investment Strategy in Asia by CFI.co.
Quantedge runs a systematic quantitative investment strategy that is highly diversified across multiple asset classes such as equities, bonds, commodities, currencies and insurance-linked securities. It is a specialised investment manager with a single combined investment portfolio, dynamically allocating capital based on Quantedge’s proprietary statistical models to achieve a constant level of portfolio risk.
The Fund Manager, Quantedge Capital Pte. Ltd., holds a Capital Markets Services (CMS) Licence and is regulated by the Monetary Authority of Singapore (MAS).