Yes, Brokeree PAMM automates the registration of investors and the distribution of trading results. However the solution needs a trading platform for liquidity management, order execution and charting. Hence, to launch a hedge fund, a company may start with acquisition of a MetaTrader 5 license. This license provides the technological foundation for the business, including calculation of such key indicators for hedge funds as NAV (Net Asset Value), AUM (Assets Under Management) and fund performance.