Sand Grove Capital faucets HUB for post-trade automation

Sand Grove Capital Control has decided on HUB, a cloud-based post-trade platform, to automate and optimise its reporting workflows.  

The London-based selection funding company, which manages $1.2 billion throughout event-driven offshore finances and a UCITS technique, will leverage HUB’s platform to consolidate and fit post-trade knowledge from more than one assets.  

The implementation is designed to cut back handbook intervention, improve knowledge accuracy, and permit groups to concentrate on exception control and analytics. 

“With HUB’s answer we’re ready to automate key workflows, making improvements to keep watch over and pace of our document manufacturing procedure,” mentioned Jonathan Groom, COO of Sand Grove Capital. 

HUB’s SaaS generation is more and more being followed by means of asset managers and hedge finances looking for to modernise legacy processes and scale their operations. 

“We’re overjoyed to improve the workforce at Sand Grove Capital,” added Paul Taylor, CEO of HUB. “HUB is helping asset managers and hedge finances simplify day by day duties by means of automating complicated and handbook workflows.” 

Based in 2014, Sand Grove Capital specialises in merger arbitrage and different event-driven methods for institutional traders.