15 December 2017
visit www.avoka.com

Quasar Capital Management taps Imagine Software

05 May 2009  |  2220 views  |  0 Source: Quasar Capital Management

Imagine Software, a leading provider of real-time portfolio and risk management solutions worldwide, today announced Paris-based Quasar Capital Management had selected its award-winning Derivatives.com service for use with the firm's new hedge fund.

Imagine has been up and running at Quasar since the launch of the firm's Orion fund in December of last year. Jerome Barraquand, co-founder of Quasar, stated "Our flagship Orion fund uses a diverse mix of futures across assets classes, fixed income instruments and derivatives. Hence, a robust, high-performance real-time portfolio and risk solution is necessary."

Barraquand noted his firm had conducted thorough due diligence on available vendor solutions. "Imagine's Derivatives.com service stood out from other vendors' product offerings because of several factors. First and foremost, it is a powerful real-time portfolio and risk solution that is also cost-effective. The fact that it is an affordable ASP service means we were able to avoid the major investment in IT support traditionally associated with institutional-grade solutions. Fast implementation time measured in weeks was certainly attractive to us, as well. We were also pleased by the customization capabilities of the system, which enable us to devise our own performance and risk measures."

According to Barraquand, "The final factor that convinced us to take on Imagine was the data management component that is an integral part of the Derivatives.com offering. The value Imagine provides by including corporate actions processing, a security master, live market data and prices, curves, volatility and correlation data, for example, is substantial and results in further resource savings for us."

Yvonne Dahl, Director of Sales and Marketing at Imagine, said: "Quasar's business team is a great example of a new hedge fund utilizing technology to improve its ability to execute its investment strategy and prepare for growth. We look forward to supporting their business plans every step of the way."

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.thomsonreuters.infovisit www.response.ncr.comvisit www.niceactimize.com

Top topics

Most viewed Most shared
Deutsche Bank paper hails 'huge' blockchain potentialDeutsche Bank paper hails 'huge' blockchai...
10451 views comments | 17 tweets | 25 linkedin
satelliteRipple completes XRP Lockup
9816 views comments | 3 tweets | 2 linkedin
PSD2: Laying the regulatory foundation for a new age in paymentsPSD2: Laying the regulatory foundation for...
9209 views comments | 17 tweets | 36 linkedin
Brits flock to digital-only banksBrits flock to digital-only banks
7345 views 11 comments | 11 tweets | 15 linkedin
Banks and fintech startups join forces on blockchain-based supply chain pilotBanks and fintech startups join forces on...
6687 views comments | 19 tweets | 20 linkedin

Featured job

to £70K base, £105K ote, benefits
London, UK

Find your next job