Ricardo Esteves has seen business and economics through many lenses. He joined the Financial Services Industry in 2009, and has been a financial journalist since 2011. He holds a degree in Business Administration and has experience producing real-time news, from both buy-side and sell-side, as well as for retail traders, brokers and service providers. Esteves' work has appeared in a variety of online publications including FX Street and FinanceFeeds.
Specialist prime broker Linear Investments has partnered with software firm Genesis to develop and launch a new scalable solution for cash & margin management in real-time.
Real-time Portfolio Margin (RPM) was designed for prime brokers who need to be able to better assess the risk of clients and prospects whilst managing their holistic relationships with their own brokers. The solution delivers interoperable technology, with the flexibility to meet the varying requirements of Linear Investment’s clients.
Stephen Murphy, Chief Executive Officer at Genesis, commented:
“Collaboration and innovation are fundamental to Genesis and we are very excited to work with a visionary firm like Linear Investments to build a product for the prime broker industry. By building RPM on our framework we have been able to take a set of requirements and build a full-blown margin solution in under three months. RPM is interoperable with multiple tech providers and will give users the flexibility to assess and meet the margin requirements of new prospects and grow their business.”
Paul Kelly, Chief Executive Officer at Linear Investments, said:
“We are delighted to collaborate with Genesis to deliver RPM. The reason we chose to work with Genesis is their open-minded approach. They listened to us, understood the real business challenge, learned from our experiences and applied that to the solution. RPM is a pivotal addition to our technology suite. 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 maximize performance, this is the key to how we scale.”
Built upon Genesis’ microservices technology framework that enables fast and agile software development, RPM comes to solve Linear’s need for an off-the-shelf solution to meet their needs for asset coverage, flexibility, real-time calculations and time to market at a cost point that made sense.
The prime broker and hedge fund incubator is based in London and Hamburg. The company offers brokerage and custody services, from providing access to most global equity markets and all key financial instruments to offering a fully outsourced and award-winning Middle and Back office solution to all settlement requirements.
In late 2018, Linear Investments deployed Integral’s BankFX, a cloud-based solution which integrates with Integral OCXTM, a leading FX over-the-counter ECN that connects to over 250 banks, brokers and asset managers.