CASE STUDIES / FNY Investment Advisers
How LBX Buy-Side Accelerates Processes and Supports Complex Internal Structures at First New York
Amid increasing AUM and headcount, multi-strategy investment firm FNY Investment Advisers (“First New York”) brought on LiquidityBook to do what three previous vendors could not: deliver an order, execution and portfolio management system able to support the firm’s rapid pace, complex internal structure and overall growth trajectory. LiquidityBook’s constantly evolving platform and technological expertise were key factors in the evaluation process. After an implementation that involved extensive collaboration, much of it on optimizing the use of market data and enhancing execution fill reports, LiquidityBook built an OEMS solution that checked every box for this fast-moving hedge fund.