22 August 2017
Find out more

Sophis and AXA Investment Managers team on credit derivatives

16 December 2004  |  1240 views  |  0 Source: Sophis

Today Sophis announced the signature of a partnership with AXA Investment Managers. This initiative is devised to enhance Sophis cross-asset front-to-back office system with the most advanced capabilities in terms of pricing, risk management and processing of Credit Derivatives.

Commenting on the partnership, Hervé Vinciguerra, Chairman of Sophis said "This is not our first collaboration with AXA Investment Managers, as they have been our sponsor client for VALUE, when we started developing this solution three years ago. They are one of our major references in the investment management industry, with more than a hundred users on our system, and more than three hundred funds handled in VALUE. The Credit Derivatives market is very challenging for technology providers as it is very active and innovative, so we decided to team with a market leader to stay ahead in terms of legal requirements, technology, and new financial products. This partnership will provide a mutually beneficial framework to both parties by combining AXA Investment Managers’ expertise on credit derivatives instruments including CDS, CDS n-to-default, CDOs, asset swaps, bonds, bond baskets, Convertible bonds and Sophis’ technological proficiency. The module will also comply with ISDA specifications, in terms of pricing models and restructuring clauses. It’s an exciting partnership that will have immediate benefits for both our companies, but also for Sophis existing and future clients as the module will be integrated in Sophis software suite, including Sophis RISQUE and Sophis VALUE."

Comments: (0)

Comment on this story (membership required)

Related blogs

Create a blog about this story (membership required)
visit www.worldpaymentsreport.comvisit www.dorsum.eudownload the paper now

Who is commenting?

A Finextra member Finextra Member Commented on: Real-time payments in...
A Finextra member Finextra Member Commented on: Barclays uses sensors...

Top topics

Most viewed Most shared
Mobile contactless spending accelerating in UKMobile contactless spending accelerating i...
11758 views comments | 26 tweets | 23 linkedin
Barclays pairs banking data with third party apps for SmartBusiness DashboardBarclays pairs banking data with third par...
10150 views comments | 22 tweets | 31 linkedin
hands typing furiouslyWhy Is Risk Analytics Important?
9822 views 0 | 5 tweets | 1 linkedin
Norwegian banks and startups form fintech clusterNorwegian banks and startups form fintech...
9496 views comments | 19 tweets | 23 linkedin
RBS to bring Silicon Valley to EdinburghRBS to bring Silicon Valley to Edinburgh
9489 views comments | 10 tweets | 8 linkedin

Featured job

Competitive
New York, NY - USA (some flexibility on location)

Find your next job