Infonic AG, provider of HedgeSphere, has introduced HedgeSphere 4.3, the latest version of its software suite for the funds of hedge funds. The release offers innovative new functionality for portfolio administration and the middle office, providing managers with greater liquidity control, asset management, transparency, and investor servicing.

The HedgeSphere suite is comprised of two products, HedgeSphere PAD, for portfolio administration, and HedgeSphere MO, for portfolio management, planning, and dealing. In this latest release, HedgeSphere PAD provides enhanced capabilities for the calculation and processing of investor fees, including in-advance fee calculations, automated fee crystallization, and investor equalization tracking.

In addition, HedgeSphere PAD now supports natural hedging and provides real-time views of cash available across accounting entities. Version 4.3 of HedgeSphere MO provides improved trading workflow and exchange of information among portfolio managers, as well as enhanced equity exposure analysis.

HedgeSphere PAD also handles multi-level accounting, hedge fund pricing, NAV, multi-currency cash management, and cross-portfolio rebates. HedgeSphere MO offers scenario-based visual trade planning, cash and FX Management, dealing and liquidity term support, allocation breakdown, and pre-trade compliance checking. It also offers trade approval, instruction, and tracking workflow with an open interface to external systems.