Red Deer shortlisted in two categories at the European Hedge Fund Technology Awards 2018

July 25, 2018 News

London, 25 July 2018 – Red Deer, the financial technology company dedicated to enhancing the performance of active investment managers, is pleased to announce that it has been shortlisted in two categories at the HFM European Hedge Fund Technology Awards 2018, “Best research management solution” and “Best application for mobile/remote working”.

This continues an excellent year for Red Deer, in which it has already been named “Best Research Subscription Management Solution for MiFID II” at A-Team Group’s RegTech Awards 2018 and “Best MiFID II solution – Research Management” at HFM European Hedge Fund Services Awards 2018.

The HFM European Hedge Fund Technology Awards recognise and reward IT and software providers serving the hedge fund sector that have demonstrated exceptional customer service and innovative product development over the past 12 months.

With the competitive shortlisting process now complete, a judging panel comprised of technology experts at hedge funds and other relevant firms will collectively decide a winner in each category. The winners will be announced at an Awards Ceremony held at Plaisterers’ Hall in London on 11 September 2018.

Red Deer’s research valuation management solution captures and attributes firm research consumption across all research channels including email, chat and voice, giving buy-side firms the most accurate view of their research value and preventing inducement across the firm.  Advanced budget management allows firms to allocate budgets at the fund, strategy or individual level and track contributions from hard and soft budgets, with alerting to ensure budgetary thresholds are maintained. Oversight reporting is exception-based, offering compliance teams greater transparency and operational efficiencies.

The Red Deer mobile app, available for iOS and Android on a variety of mobile devices, is one of the first to allow investment professionals to access, consume and curate all their investment research within a MiFID II compliant framework, while on the move. Offered as a free add-on to users of Red Deer’s Research Management solution, the app seamlessly syncs from mobile to desktop, allowing users to benefit from a frictionless research experience.