Hedge Fund Focus

Nirvana Solutions

• Website: http://www.nirvanasolutions.com/
• Location: San Francisco
• Regulations: N/A
• Other:

Description from Website:

Founded in 2006, Nirvana Solutions is a San Francisco based software company that provides real-time portfolio management systems to multi-prime hedge funds, prime brokers, and fund administrators.
Nirvana™ is the hedge fund industry′s first portfolio management system built around the Financial Information Exchange (FIX) protocol.  This ability to dynamically accept FIX messages, combined with the aggregation of multi-prime data, ensures true real-time views of critical measures such as P&L and Risk.  Nirvana™ also includes a full suite of on-demand and historical reporting.

The Nirvana™ solution is made available in an easy-to-deploy Software as a Service (SaaS) model and can be implemented in a modular or complete fashion.

Description of Services:

Nirvana™ is the hedge fund industry’s first real-time integrated solution built around the Financial Information Exchange (FIX) protocol.  The ability to dynamically accept FIX messages, combined with the aggregation of multi-prime data, ensures true real-time views of critical measures such as P&L and Risk.
The Nirvana solution is made available in an easy-to-deploy Software as a Service (SaaS) model and can be implemented in a modular or complete fashion.

Execution Management (EMS)
- Integrates with all leading EMS’

Order Management (OMS)
- Broker-neutral universal blotter
- Multi-tiered allocation
- Automatic trade file interfaces and reconciliation

Portfolio Management (PMS)
- Real-time tax-lot level views
- Real-time Dashboard including NAV and cash
- Full suite of on-demand and historical reports
- Drag-and-drop custom view builder

Risk Management (RMS)
- “Greeks” and option analytics
- Delta-adjusted exposures
- VaR, Stress testing and “What If” analysis

Technology
- Microsoft .Net and SQL Server
- Software as a Service (SaaS)

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Articles on Nirvana Solutions by Hedge Fund Focus:

• Saratoga Mini-Prime Selects Nirvana Solutions