Volume 05
Resources / FAQ
Frequently asked questions.
Quick answers on onboarding speed, integrations, security & compliance, and what kind of support is included. For anything not covered here, the team is one click away.
Q.
GENERAL
What is HedgeGuard?
→
Q.
INTEGRATION & SUPPORT
Can we integrate HedgeGuard with our existing systems?
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Q.
SECURITY
Are you SOC 2 and GDPR compliant?
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Plus feature-specific FAQs
across all platform pages
General questions
HedgeGuard is institutional portfolio management software — a combined PMS, OMS and risk system — that serves as the book of record for hedge funds, asset managers and family offices. It covers equities, fixed income, funds, FX, listed and OTC derivatives and digital assets on a single book, so a fund running both traditional and crypto strategies produces one NAV, one reconciliation cycle and one investor report rather than stitching two systems together. It is built for growing and mid-sized managers who have outgrown spreadsheets but are poorly served by platforms designed for the largest institutions. HedgeGuard SAS is headquartered in Paris and the platform was built by people who have run funds, which is why it ships with the reconciliation and NAV oversight workflows that most systems expect you to build yourself.
HedgeGuard is used by hedge funds, asset managers, family offices and crypto-native funds — typically firms running between one and a dozen funds with small operations teams, from emerging managers launching a first fund to established multi-strategy managers. Three patterns account for most clients: traditional managers adding a digital-asset strategy or sleeve, crypto-native funds moving toward institutional reporting and compliance standards, and managers who have outgrown spreadsheets but do not want an enterprise implementation. Clients range from single-strategy funds to quantitative managers running multiple vehicles, across Europe, the Middle East, Asia and North America. Some take the software alone; others take it with outsourced middle office, where a HedgeGuard team runs daily operations on their behalf.
HedgeGuard SAS is headquartered in Paris, France (58 rue de Monceau, 75008), with team members across Europe and the Middle East. All client data is hosted on EU-only infrastructure — Scaleway data centres in Amsterdam and Paris.
Two things, mainly. First, HedgeGuard is dual-native: traditional and digital assets sit in the same book of record, valued and reconciled in the same cycle, rather than a traditional system with a crypto module bolted on or a crypto tool that stops short of institutional reporting. A fund holding both produces one NAV, one break queue and one investor report instead of reconciling two systems against each other before it can report at all. Second, HedgeGuard sells software and operations together — the same platform can be run by your team or run for you by a HedgeGuard middle-office team, which means a small fund can present institutional operational infrastructure without hiring an operations function first, and can bring that work in-house later without changing systems. Underneath both is a question of fit: HedgeGuard was built for growing and mid-sized managers, so it carries institutional capability without the implementation timeline and cost structure of platforms designed for the largest institutions.
No. HedgeGuard runs shadow accounting in parallel to your fund administrator, not instead of them. Your administrator continues to strike and publish the official NAV; HedgeGuard maintains an independent book from your own trade and position data and reconciles it against theirs, so variances surface and are attributed before the NAV is published rather than after. The two roles are different by design — an administrator provides independent third-party valuation, which is a governance requirement you would not want to remove, while HedgeGuard gives you a same-day internal view and the ability to check the administrator's work rather than accept it. Funds typically adopt HedgeGuard precisely because they want that second, independent set of numbers.
Shadow NAV is a second, independent calculation of a fund's net asset value, maintained in parallel to the administrator's official NAV and reconciled against it before publication. A fund needs one because the administrator's NAV is a monthly or periodic output built from data you supplied — if a trade was booked wrong, a fee accrual is off, or a corporate action was missed, that error is in the official number and typically surfaces weeks later. A shadow book catches it at source: HedgeGuard values every position daily from documented price sources and matches positions, cash and economic terms against custodian and administrator records, so a break is a same-day exception rather than a month-end surprise. Allocators increasingly treat independent NAV verification as a due-diligence expectation rather than a nice-to-have, particularly for funds holding digital assets, where valuation cut-offs and custody arrangements vary by venue.
Building in-house is viable if portfolio operations are a source of competitive advantage for you; for most funds they are a cost centre, and the build is larger than it looks. A working internal system needs venue and custodian connectivity for every counterparty you use, a pricing and valuation engine, corporate actions handling, tax-lot accounting, reconciliation, a compliance rules engine, reporting, and audit-ready logging — and then permanent engineering headcount to maintain all of it as venues change APIs, regulations change, and the fund adds asset classes. The maintenance burden, not the initial build, is what usually decides it: the first version ships, and then two engineers are permanently occupied keeping it alive instead of building anything that differentiates the fund. HedgeGuard is the alternative to that trade — the same functionality as a subscription, with the connectivity and regulatory maintenance carried by us. The honest exception is a fund with a genuinely unusual strategy that no vendor models well, where a hybrid — HedgeGuard as the book of record, proprietary tooling on top via the API — is often the better answer than either extreme.
It depends on what you are doing, and HedgeGuard scopes three tiers. A new fund starting from a clean sheet typically goes live in 30 days, because there is no historical data to migrate. A migration from an existing system, including full transaction and NAV history, typically takes 60 days. A deployment wiring in a complete set of third-party APIs and integrations typically takes 90 days. In each case your current system stays live until you have signed off on reconciled numbers.
Integration & security
Yes. HedgeGuard is API-first and integrates with custodians, fund admins, risk engines, and more.
HedgeGuard has a SOC 2 Type II report — the recognised independent examination of security controls at a service organisation — available under NDA as part of due diligence. On GDPR: all client data is hosted on EU-only infrastructure (Scaleway, Amsterdam and Paris), with role-based access control, AES-256 encryption at rest and TLS 1.3 in transit, and continuous security monitoring. HedgeGuard acts as processor for client fund data and controller for its own account data, as set out in the Privacy Policy.
HedgeGuard uses strong encryption in transit and at rest and EU-based hosting, with continuous monitoring.
All client data is hosted on EU-only infrastructure — Scaleway data centres in Amsterdam and Paris — and does not leave the EU. Data is encrypted with AES-256 at rest and TLS 1.3 in transit, with role-based access control determining what each user can see, and infrastructure and application activity monitored continuously. Access by HedgeGuard personnel is limited to named support and operations staff, granted on a least-privilege basis, and logged. HedgeGuard's SOC 2 Type II report — the recognised independent examination of security controls at a service organisation — is available under NDA, along with full architecture and access-control detail, as part of due diligence.
06 / FAQ
Support & services.
Yes. We offer white-glove onboarding and optional middle-office outsourcing.
Yes. HedgeGuard allows granular role-based access aligned to your org structure.
Yes — this is one of the more common HedgeGuard setups. A fund with no dedicated operations headcount can take the platform together with outsourced middle office, where a HedgeGuard ops team runs trade capture, reconciliation, NAV oversight and investor reporting on your behalf, under your brand. That means a two- or three-person fund can present the operational infrastructure an allocator expects to see in due diligence without hiring an operations function first. As the fund grows, the same work moves in-house on the same platform — you are not migrating systems when you make your first ops hire.
Every client has a named contact who knows their fund structure, rather than a general support queue. Day-to-day support covers the platform itself, the integrations feeding it, and the operational questions that come with them — a custodian changing a file format, a new instrument type, a break that needs investigating. Clients taking outsourced middle office get more than support: a HedgeGuard ops team performs the daily work — trade capture, reconciliation, NAV oversight, investor reporting — as an extension of the fund's own team. Onboarding does not end at go-live; configuration changes as strategies and asset classes evolve are handled as part of the relationship rather than quoted as new projects.
Yes. HedgeGuard is built to handle hybrid portfolios — from listed equities to DeFi wallets.
See also
Feature-specific FAQs.
Each platform module has its own set of questions covered in detail on the relevant feature page. The full list:
Portfolio Management Software
10 questions
“What is portfolio management software for investment funds?” · “Who is HedgeGuard's PMS built for?” · “What asset classes are supported?”
Read PMS FAQ → Order Management 8 questions“What is an OMS?” · “How does pre-trade compliance work?” · “Which venues and protocols are supported?”
Read OMS FAQ → Risk & Compliance 16 questions“How are VaR & stress scenarios calculated?” · “Which regulatory rule sets are supported?” · “What audit evidence is generated?”
Read Risk FAQ → Crypto PMS 8 questions“What is crypto portfolio management?” · “How does HedgeGuard handle multi-venue positions?” · “Is DeFi supported?”
Read Crypto FAQ → Integrations 13 questions“What are the integration capabilities?” · “How long does a new integration take?” · “Does the platform integrate with BI tools?”
Read Integrations FAQ → Reconciliations 6 questions“What is automated reconciliation?” · “Which sources can be reconciled?” · “Can recon run as a managed service?”
Read Recon FAQ → Launching a new fund 7 questions"How fast can a new fund go live? · Do I need to hire an operations team? · What does it cost to get started?"
Read Launching FAQ → Migrating from legacy systems. 7 questionsHow long does a migration take? · Which legacy systems can HedgeGuard replace? · Will I lose historical data?
Read Legacy migration FAQ → Managing crypto assets 7 questionsDoes HedgeGuard support both traditional and digital assets? · Which custodians and venues are supported? · Is it audit-ready?
Read Managing crypto assets FAQ → Middle Office 9 questionsDo you offer onboarding and transition support? · Which middle office functions can you manage? · Do you work with traditional and digital asset funds?
Read Middle Office FAQ →
More resources
Explore the resource library.
Next step
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