MIK Technology

September 2010

HFMWeek has nominated MIK as one of the top performing technology companies for hedge funds for 2010

MIK has been selected as a finalist in two categories: 'Best fund accounting and reporting systems' and 'Best risk management and software supplier'.

June 2010

MIK has been chosen to implement the Data Warehouse platform for a prominent $13 billion hedge fund


June 2010

MIK continues its rapid growth by adding two new multi-asset hedge fund clients in June

Both clients are implementing the MIK Data Warehouse and Real-Time Portfolio Monitor platform to aggregate and report on data from their existing trading and accounting infrastructure.

May 2010

MIK adds a major Commodities Hedge Fund as a client

A major Commodities Hedge Fund has selected MIK’s commission tracking and reporting application to provide in depth analysis across the suite of brokers with whom they do business, with complete drill down to the most granular level data.

April 2010

MIK adds 2 multi-billion dollar hedge funds as clients

Two multi-billion dollar hedge funds have chosen MIK’s Data Warehouse and Reporting Platforms for full implementation.

February 2010

A $5 Billion dollar hedge fund has kicked off the implementation of MIK's Real-Time Portfolio Monitor

A $5 Billion dollar hedge fund has kicked off the implementation of MIK's Real-Time Portfolio Monitor platform for firm wide real time PnL and investment process support.

December 2009

3 Multi-prime hedge funds have decided to implement MIK's Commission management and reporting solution

3 multi-prime hedge funds have decided to implement MIK's Commission management and reporting solution. This solution enables hedge funds to conduct comparative analysis on commissions and therefore shift business to those brokers providing the highest degree of service in research, sales and execution in conjunction with the best rates.

November 2009

A multi-billion dollar hedge fund has chosen to implement MIK's Broker Vote Application

A multi-billion dollar hedge fund has chosen to implement MIK's Broker Vote Application. With the use of the Broker Vote, the analysts and traders at the hedge fund can participate to provide quantitative, centralized assessments of each of their broker relationships, which in turn facilitates discussions with brokers to provide areas of improvement and also to drive business to those that have ranked exceptionally high. By capturing each period’s vote data, it also allows year over year comparisons of rankings, which helps build long term relationships between the fund and the brokers.

October 2009

MIK develops a Compensation Modeling application

MIK has developed a Compensation Modeling application that enables a hedge fund management team to model specific scenarios, taking into account legal agreements as well as qualitative distributions of bonus based on individual team member’s contributions. This software was designed specifically for hedge fund compensation, taking into account specific rules and levers that are integral to the process, but are not available with off the shelf products.

August 1999

MIK continues to add hedge funds to its Real-Time Portfolio Monitor platform

MIK is implementing its Real-Time Portfolio Monitor platform at a $2B+ multi-strategy hedge fund client. We are integrating the hedge fund’s OMS, accounting and market data into a customized user front-end, and are also creating an automated, straight-through process for obtaining updated information from, and sending data to the client’s third-party applications. The Real-Time Portfolio Monitor leverages the client’s MIK-built data warehouse capacity to give users sophisticated real-time analysis.