Oasis Management Streamlines Cash and Collateral Management with Hazeltree
Asia-Focused alternative investment manager enhances operational controls and drives efficiencies
New York, London and Hong Kong, February 26, 2019 – Hazeltree, the leading provider of integrated buy-side treasury management solutions, and Oasis Management Company, an international investment manager focused on investing in equity and debt markets, announced the successful implementation of Hazeltree’s cash and collateral management product suite. Hazeltree helps Oasis’ finance and treasury team better manage operational risks through strengthened internal controls, driving efficiencies and increasing yield on cash management.
Oasis Management implemented the following Hazeltree products:
- Hazeltree Cash Manager™ which enables centralized aggregation and monitoring of Oasis’ cash balances across more than 35 brokers, banks, and other counterparties; optimizes cash usage and maximizes yield while minimizing currency risk; and, enables cash movements and payments across all funds through a fully integrated wire solution, including multi-level authorizations, robust controls and detailed audit trails.
- Hazeltree Collateral Manager™ which streamlines and aggregates Oasis’ OTC collateral management activity; compares and reconciles internal, independently-valued OTC positions; applies relevant CSA terms; and, efficiently responds to, issues, or disputes daily margin calls to minimize collateral usage.
“As a leading investment manager, we are continually enhancing our ability to provide our investors with consistent returns, minimize our operational risks, and efficiently scale our business,” said Seth Fischer, Oasis’ Founder and Chief Investment Officer. “Hazeltree provided an integrated, scalable solution that fully supports our expanding business requirements and has proven to be the ideal partner.”
“In Hazeltree, we found a partner that provides a solution to support more efficiently our front office team, and to further strengthen our controls and minimize operational risks,” said Phillip Meyer, Oasis’ General Counsel and Chief Operating Officer. “Over years of continued success and growth, we have added numerous counterparties and complexity, and Hazeltree offers a solution to manage this growth in a scalable and economic manner.”
“Oasis has been a great partner to work with,” said Sameer Shalaby, President and Chief Executive Officer of Hazeltree. “We look forward to supporting Oasis’ treasury requirements as they continue to expand their business.”
About Oasis Management Company
Oasis Management Company Ltd. manages private investment funds focused on opportunities in a wide array of asset classes across countries and sectors. Oasis was founded in 2002 by Seth H. Fischer, who leads the firm as its Chief Investment Officer. More information about Oasis is available at www.oasiscm.com.
Hazeltree is the leading Treasury Management solution provider, serving hedge funds, asset managers, fund administrators, insurance companies, pension funds and corporates with powerful, proactive performance enhancement and risk mitigation capabilities that generate operational alpha, reduce a range of liquidity and funding risks and streamline operations. Hazeltree’s integrated treasury management solution includes comprehensive cash management, securities financing, collateral management, counterparty management and margin management capabilities. Hazeltree is headquartered in New York with offices in London and Hong Kong. For more information, please visit www.hazeltree.com.