NEW YORK, May 29, 2014 (GLOBE NEWSWIRE) -- Liquid Holdings Group, Inc. (Nasdaq:LIQD), a provider of a single platform that integrates order and execution management with real-time risk, reporting, shadow NAV, and managed services in the cloud for the financial services community, has won the Hedgeweek USA Award 2014 for Best U.S. Risk Management Software. This follows Liquid being named 'Best Global Risk Management Software Firm' at the Hedgeweek Global Awards 2014 in March of this year.
In its fifth year, the annual Hedgeweek Awards are decided by Hedgeweek magazine's subscriber base of 56,000 professionals, which include practitioners from hedge funds and other alternative asset managers, institutional investors, service providers, analysts, and academia. This year's awards were determined by Hedgeweek subscribers, who assessed and voted on the best hedge fund performers and service providers in the U.S. for 2014.
"Liquid Holdings is a deserving winner of the prestigious Hedgeweek USA Award 2014 for Best Risk Management Software, offering cloud-based analytics that allow hedge fund managers to manage P&L, performance and risk in real-time on any device," notes Sunil Gopalan, Publisher of Hedgeweek and Chairman of its parent company GFM Limited.
"We are delighted once again to be recognized for the Liquid platform's risk management capabilities, which are proving to be critical to the success and institutional credibility of our growing client roster," said Liquid CEO Brian Storms. "Risk management has moved to the front-office and is very much an integral part of actively managing and controlling investments as well as providing quality investor relations. Our platform's real-time, position-aware analyses update as executions are confirmed in our trading systems or received from third parties. This assures investors that their allocations are being managed with institutional-quality, repeatable controls which are adept at handling the most volatile market conditions."
The Liquid platform is distinguished, in part, by its real-time capabilities, which allow clients to actively monitor pre- and post-trade risk statistics, P&L, performance, and Shadow NAV across multiple asset classes, portfolios, and fund structures. Calculations that previously were delivered end-of-day or even t+1 from different systems are now delivered from a single solution to any device in a matter of seconds, no matter the amount of data, number of data sources, or types of analytics required in the analysis. As a result, Liquid serves as a de facto "outsourced chief risk officer" for funds of all sizes, allowing the business to proactively take advantage of or minimize exposures while staying within investment mandates.
For more information on this year's award selections, visit www.hedgeweek.com. And, to learn more about risk management, download Liquid's white paper at http://liquidholdings.com/whitepapers/risk.html.
About Liquid Holdings Group
Liquid Holdings Group, Inc. (Nasdaq:LIQD) is a cloud-based technology and managed services provider to the global hedge fund and active trading markets. Liquid's solutions are delivered efficiently and securely through the cloud in a SaaS model. The Liquid platform was purpose built to manage the entire trade lifecycle by seamlessly integrating multi-currency, multi-asset trade order management and execution with real-time risk, portfolio management and shadow account reporting through a single solution. The Company offers the Liquid platform or any of its components on a subscription basis to hedge fund managers, asset managers, family offices and financial institutions worldwide.
Headquartered in New York City, Liquid Holdings Group was formed in 2012. For more information, please visit www.liquidholdings.com.