Kempen Capital Management rolls out Capstone™
London, 12th February 2008 - Kempen Capital Management, a boutique asset manager with offices in Amsterdam as well as Edinburgh, is set to use all three elements of Capstone, the front-office software suite from Fidessa LatentZero.
Kempen undertook an extensive evaluation process and investigated products from a number of leading vendors. Kempen decided on the full Capstone suite because it felt Fidessa LatentZero's underlying technical architecture was state-of-the-art and that its people really understood the business.
Paul Gerla, Managing Director of Kempen Capital Management, explains: "For a boutique asset manager focus in our activities is key. We wanted to have the right tools in place to enable our portfolio managers, traders and compliance officers to concentrate completely on client portfolios as well as our specialised investment funds and fiduciary management solutions for pension funds. Each individual element of the Capstone suite was perfect for us."
By choosing Fidessa LatentZero, Kempen will be able to take advantage of Capstone Tesseract™, its portfolio analysis, scenario modeling and order generation software, Capstone Minerva OEMS™, its order management, trading and execution system and Capstone Sentinel™, the market-leading pre-and post-trade investment compliance solution.
Gerla continues: "Capstone Tesseract is a fantastic product with great functionality to manage portfolios efficiently while Capstone Minerva gives our traders great value by providing access to Fidessa LatentZero's unique Trading Network (LTN), a fully managed service that provides FIX connectivity over the Fidessa network. For our compliance team, Capstone Sentinel is a very powerful tool that offers comprehensive restriction checks at every stage of the investment process."
Kempen has already gone live with Capstone for equities and will be adding fixed income and derivatives in the coming months.
Gerla concludes: "The initial feedback to the solution has been very positive. The project has gone well for us and we are pleased to have such a powerful and robust front office system in place."
Gerry Gualtieri, Chief Operating Officer at Fidessa LatentZero said: "Over the last few years Fidessa LatentZero has been expanding its presence in continental Europe, and we have already established a market-leading position in France. With the arrival of pan-European legislation like UCITS and MiFID, and greater demand for best execution in a fragmented market, it is imperative that European firms deploy effective and robust front office systems. We are delighted that Kempen is joining our growing list of European clients."
Kempen & Co Profile
Kempen & Co N.V. (Kempen & Co) is a Dutch merchant bank providing various specialised financial services in asset management, corporate finance and securities brokerage. Clients include institutional investors, companies, financial institutions, public and semi-public institutions, foundations and high-net-worth private clients. Kempen & Co is a fully owned subsidiary of F. van Lanschot Bankiers N.V. (Van Lanschot). Van Lanschot and Kempen & Co as banks operate under license granted by the Dutch Central Bank ('De Nederlandsche Bank N.V.') in accordance with article 2:11 of the Act on Financial Supervision (Wet op het financieel toezicht or Wft), and are registered as securities institutions with the Netherlands Authority for the Financial Markets (Stichting Autoriteit Financiële Markten or AFM).
Kempen Capital Management N.V. (KCM), a fully owned subsidiary of Kempen & Co, provides asset management services. KCM manages portfolios in European equities, bonds and real estate securities for a range of institutional investors, foundations and high-net-worth private clients. Moreover, KCM offers integral fiduciary investment solutions and selects investment boutiques for its clients. KCM pursues optimal investment results and works with highly specialised management teams. KCM operates under a license in accordance with articles 2:65 and 2:96 of the Wft and is registered with the AFM.
Kempen & Co Corporate Finance B.V., a fully owned subsidiary of Kempen & Co, focuses on providing advice on mergers and acquisitions as well as capital market transactions. Clients include both listed and non-listed Dutch companies as well as foreign companies who have entered the Dutch market or are intending to do so.
Kempen & Co Securities focuses on securities brokerage, with special emphasis on Dutch equities and derivatives and publicly quoted real estate companies in Europe, serving professional investors in primarily Europe and the US. Kempen & Co Securities provides clients with high-quality research and order execution.
For more information on Kempen & Co, go to www.kempen.com.PDF (0.02 MB)