Managing your entire investment process
Feature Comparison
Spark is a highly versatile platform which adapts to your firm's specific needs
News
Managing your entire investment process
Feature Comparison
Spark is a highly versatile platform which adapts to your firm's specific needs
News
Spark Lite
An entry-level Order, E-Trading, P&L and Position Management System (OMS/PMS), that can be branded by prime brokers, administrators, outsourced trading desks, etc and distributed to their clients as a value-added service
Spark Hedge
A full-featured, highly-flexible Order, E-Trading and Position Management system (OMS/PMS), that meets the specific requirements of a Multi-Strategy, Multi-Prime Hedge Funds and includes superior coverage for alternative asset workflows
Spark Institutional
A unified platform that integrates Model Management, Rebalancing, Order Management, E-Trading, Compliance, Fund and Investor Accounting and Client Communication and includes comprehensive SMA workflow automation
Spark Enterprise
Defines a new category in FinTech. A real-time platform that allows large, multi-entity firms like Brokers, Banks and Managers to monitor exposures, P&L, risk, margin, analytics, netting, etc. across the entire enterprise
Spark Lite
An entry-level Order, E-Trading, P&L and Position Management System (OMS/PMS), that can be branded by prime brokers, administrators, outsourced trading desks, etc and distributed to their clients as a value-added service
Spark Hedge
A full-featured, highly-flexible Order, E-Trading and Position Management system (OMS/PMS), that meets the specific requirements of a Multi-Strategy, Multi-Prime Hedge Funds and includes superior coverage for alternative asset workflows
Spark Institutional
A unified platform that integrates Model Management, Rebalancing, Order Management, E-Trading, Compliance, Fund and Investor Accounting and Client Communication and includes comprehensive SMA workflow automation
Spark Enterprise
Defines a new category in FinTech. A real-time platform that allows large, multi-entity firms like Brokers, Banks and Managers to monitor exposures, P&L, risk, margin, analytics, netting, etc. across the entire enterprise
Spark Feature Comparison | More Information
Included | Optional
Portfolio Management |
SPARK |
|||
|---|---|---|---|---|
Lite |
Hedge |
Institutional |
Enterprise |
|
| Real Time Positions | |
|
|
|
| Real Time P&L | |
|
|
|
| Performance contribution | |
|
|
|
| Performance attribution | |
|
|
|
| Exposures | |
|
|
|
| Interactive rebalance | |
|
|
|
| Complex/Rules based rebalance | |
|
||
| Allocation and security models | |
|||
Risk Management |
SPARK |
|||
|---|---|---|---|---|
Lite |
Hedge |
Institutional |
Enterprise |
|
| Global Regulatory Rules | |
|
||
| Internal Investment Guidelines | |
|
||
| Simple Scenario Analysis | |
|
|
|
| Complex Scenario Analysis | |
|
||
| Liquidity | |
|
|
|
| Margin (Reg-T, House, PM) | |
|
|
|
| VaR (customizable) | |
|
|
|
| Greeks | |
|
|
|
Trading |
SPARK |
|||
|---|---|---|---|---|
Lite |
Hedge |
Institutional |
Enterprise |
|
| Electronic Trading | |
|
|
|
| Broker Algorithms | |
|
|
|
| Simple Trade Allocation | |
|
|
|
| Complex Trade Allocation | |
|
||
| Trade matching/confirms | |
|
||
| Volume trading | |
|
||
| API support (multiple languages) | |
|
|
|
| Trading Limits | |
|
|
|
Infrastructure |
SPARK |
|||
|---|---|---|---|---|
Lite |
Hedge |
Institutional |
Enterprise |
|
| Shared Hosting (SOC 1&2) | |
|
||
| Dedicated Hosting (SOC 1&2) | |
|
|
|
| Disaster recovery (SOC 1&2) | |
|
|
|
| Information/Cyber Security (SANS Guidelines Compliant) | |
|
|
|
| Exchange Traded Security Master | |
|
|
|
| EOD Equity Prices | |
|
|
|
| EOD FX Rates | |
|
|
|
| Corporate Actions | |
|
|
|
| Client Portal | |
|
|
|
Operations |
SPARK |
|||
|---|---|---|---|---|
Lite |
Hedge |
Institutional |
Enterprise |
|
| Reconciliation (multi-party) | |
|
|
|
| Automated and monitored straight-through-processing | |
|
|
|
| Historical Audit | |
|
|
|
| Third-party systems integration | |
|
|
|
Accounting |
SPARK |
|||
|---|---|---|---|---|
Lite |
Hedge |
Institutional |
Enterprise |
|
| Accruals | |
|
||
| Fund accounting | |
|
||
| Tax Lots | |
|
||
| Cash management | |
|
|
|
| Margin management | |
|
||
Compliance/Controls |
SPARK |
|||
|---|---|---|---|---|
Lite |
Hedge |
Institutional |
Enterprise |
|
| Pre-trade | |
|
|
|
| Post-trade | |
|
||
| Global Compliance Libraries | |
|
||
| Surveillance alerts | |
|
|
|
| Filing alerts | |
|
||
Investors |
SPARK |
|||
|---|---|---|---|---|
Lite |
Hedge |
Institutional |
Enterprise |
|
| Share class management/Partnership Accounting | |
|
||
| Investor accounting | |
|
||
| Reporting | |
|
||
License |
SPARK |
|||
|---|---|---|---|---|
Lite |
Hedge |
Institutional |
Enterprise |
|
| Included User Seats | 2 | 5 | 15 | |
| Additional Seats | |
|
|
|
| Included Third Party interfaces | 2 | 4 | Unlimited | Unlimited |
| Additional Third Party interfaces | |
|
|
|
Spark Feature Comparison
Portfolio Management |
SPARK |
|||
|---|---|---|---|---|
Lite |
Hedge |
Institutional |
Enterprise |
|
| Real Time Positions | |
|
|
|
| Real Time P&L | |
|
|
|
| Performance contribution | |
|
|
|
| Performance attribution | |
|
|
|
| Exposures | |
|
|
|
| Interactive rebalance | |
|
|
|
| Complex/Rules based rebalance | |
|
||
| Allocation and security models | |
|||
Risk Management |
SPARK |
|||
|---|---|---|---|---|
Lite |
Hedge |
Institutional |
Enterprise |
|
| Global Regulatory Rules | |
|
||
| Internal Investment Guidelines | |
|
||
| Simple Scenario Analysis | |
|
|
|
| Complex Scenario Analysis | |
|
||
| Liquidity | |
|
|
|
| Margin (Reg-T, House, PM) | |
|
|
|
| VaR (customizable) | |
|
|
|
| Greeks | |
|
|
|
Trading |
SPARK |
|||
|---|---|---|---|---|
Lite |
Hedge |
Institutional |
Enterprise |
|
| Electronic Trading | |
|
|
|
| Broker Algorithms | |
|
|
|
| Simple Trade Allocation | |
|
|
|
| Complex Trade Allocation | |
|
||
| Trade matching/confirms | |
|
||
| Volume trading | |
|
||
| API support (multiple languages) | |
|
|
|
| Trading Limits | |
|
|
|
Infrastructure |
SPARK |
|||
|---|---|---|---|---|
Lite |
Hedge |
Institutional |
Enterprise |
|
| Shared Hosting (SOC 1&2) | |
|
||
| Dedicated Hosting (SOC 1&2) | |
|
|
|
| Disaster recovery (SOC 1&2) | |
|
|
|
| Information/Cyber Security (SANS Guidelines Compliant) | |
|
|
|
| Exchange Traded Security Master | |
|
|
|
| EOD Equity Prices | |
|
|
|
| EOD FX Rates | |
|
|
|
| Corporate Actions | |
|
|
|
| Client Portal | |
|
|
|
Operations |
SPARK |
|||
|---|---|---|---|---|
Lite |
Hedge |
Institutional |
Enterprise |
|
| Reconciliation (multi-party) | |
|
|
|
| Automated and monitored straight-through-processing | |
|
|
|
| Historical Audit | |
|
|
|
| Third-party systems integration | |
|
|
|
Accounting |
SPARK |
|||
|---|---|---|---|---|
Lite |
Hedge |
Institutional |
Enterprise |
|
| Accruals | |
|
||
| Fund accounting | |
|
||
| Tax Lots | |
|
||
| Cash management | |
|
|
|
| Margin management | |
|
||
Compliance/Controls |
SPARK |
|||
|---|---|---|---|---|
Lite |
Hedge |
Institutional |
Enterprise |
|
| Pre-trade | |
|
|
|
| Post-trade | |
|
||
| Global Compliance Libraries | |
|
||
| Surveillance alerts | |
|
|
|
| Filing alerts | |
|
||
Investors |
SPARK |
|||
|---|---|---|---|---|
Lite |
Hedge |
Institutional |
Enterprise |
|
| Share class management/Partnership Accounting | |
|
||
| Investor accounting | |
|
||
| Reporting | |
|
||
License |
SPARK |
|||
|---|---|---|---|---|
Lite |
Hedge |
Institutional |
Enterprise |
|
| Included User Seats | 2 | 5 | 15 | |
| Additional Seats | |
|
|
|
| Included Third Party interfaces | 2 | 4 | Unlimited | Unlimited |
| Additional Third Party interfaces | |
|
|
|
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SUPPORT 24/7
Our support team is always there to help you