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12 September 2025

Unlocking Your Hedge Fund’s Full Potential | Trading and Accounting Beyond Equities with Eclipse

How Eclipse supports multi-asset strategies across the investment lifecycle

In their 2025 Hedge Fund Outlook report, With Intelligence cites the industry's global expansion and migration into new asset classes as evidence of its increasing maturity.

Although these trends have been on the rise for years, many startup and growing hedge funds still face difficulties in establishing the operational foundation needed to get the most out of their global, multi-asset strategies, including equities, options, FX, fixed income, CDs, derivatives and swaps.

And while Eclipse has historically been recognized for its robust equity trading capabilities, over the last several years, the platform's architecture has evolved alongside the market into a comprehensive alternative management solution for trading and accounting across a wide spectrum of asset classes, including fixed income, derivatives and other complex instruments.

With a flexible multi-asset class platform like Eclipse, funds can more easily launch new products or strategies and accommodate a growing investor base or transaction volume. The system also enables more streamlined operations and reduced risk of error from out-of-system, manual workarounds or swiveling between systems.

Let's explore some of the key ways Eclipse empowers hedge funds to seamlessly trade, manage and account for asset classes beyond equities.

Order Management

  • Multi-Asset Order Entry: Eclipse streamlines order entry and adjustments across asset classes, from a single screen with intuitive and configurable order tickets, which is essential for managing diverse portfolios. This is especially true for frequently traded or complex order types, like equities, fixed income and derivatives.

  • Real-time Position Tracking: The platform monitors positions across supported held asset classes, crucial for understanding exposures in multi-asset portfolios.

Trading and Analytics

  • Integrated EMS Capabilities: Access an extensive network of execution partners (300 brokers) and numerous crossing networks to facilitate advanced execution across asset classes, key for implementing multi-asset trading strategies. This is especially important for classes with diverse execution venues, like equities and fixed income.

  • Real-time Trade Analytics: Stop juggling instrument-specific information across screens with real-time, multi-asset analytics for a wide array of supported classes. Over the last year, Eclipse added the ability for real-time execution to flow in for fixed-income instruments.

  • Open Architecture: Integrate seamlessly across agnostic trading applications. Eclipse integrates with our multi-asset EMS (RealTick) for true straight-through processing across listed equities, derivatives and fixed income securities, as well as Bloomberg VCON.

Compliance

  • Integrated Compliance Checks: Eclipse supports pre- and post-trade compliance checks across asset classes, vital for regulatory adherence in multi-asset investing.

  • Flexible Rule Creation: Allows creation of rules applicable to various asset types within a multi-asset context to meet mandates through a client-friendly UI. No having to call into a support desk to change/configure your firm’s rules.

Accounting

  • Single General Ledger: Eclipse supports all asset classes in a single general ledger, providing a unified view of multi-asset holdings. No OMS and PMS systems to manage separately.

Portfolio Management

  • Real-time Portfolio Views: Gain real-time visibility into your portfolios. Track key metrics such as Historical P&L, Market Value and Exposures across all holdings to make informed decisions.

  • Multi-Asset Class Modeling & Rebalancing: Model and rebalance your portfolios across multiple asset classes. Use our advanced functionality to simulate the impact of market or portfolio changes and leverage automatic rebalancing to keep your diverse portfolios on track.

  • Expansive Risk Management: Tap into our marketplace for comprehensive risk management, including both ex-post and ex-ante risk analysis.

  • Turnkey Reporting Solutions: Access a selection of turnkey reporting solutions for regulatory, investor, portfolio, performance and ESG reporting, streamlining your compliance and communication.

Operations

  • Centralized Data Management: Eclipse provides a central data source for all asset classes, streamlining data and operations for multi-asset strategies.

As the hedge fund industry continues its global expansion and embraces a wider array of asset classes, the key to a successful multi-asset operation lies in adopting technology that seamlessly supports this complexity. This integrated approach delivers significant benefits, including enhanced operational efficiency, more informed decision-making and stronger risk management and compliance.

For hedge funds looking to unlock their full potential and capitalize on the opportunities presented by global, multi-asset strategies, embracing a platform, like Eclipse, that offers this level of seamless multi-asset support across equities, fixed income, derivatives, swaps and more is essential for future growth and success.

Unlock your hedge fund’s full potential. Learn more about how Eclipse supports multi-asset strategies across the investment lifecycle or see it in action.