Prophet Capital Selects Broadridge Portfolio & Trading Platform

With $2.3 billion under management, Prophet Capital is one the latest of a series of hedge funds to adopt the Broadridge platform, which provides order management, portfolio accounting and risk management functionality on a common platform, allowing users to capture orders and automatically reconcile trade files to prime brokers.

"An established structured credit fund like ours, with a two-decade growth trajectory and an increasingly sophisticated investor base, requires scalable, institutional-quality infrastructure," says Kurt Rechner, COO of Prophet Capital. "The Broadridge solution offered out-of-the-box functionality as well as the option for customization to support trading of complex securities ─ which was key for us ─ all through a single platform."