Value Partners live with SunGard Monis XL pricing and risk system

Source: SunGard

Value Partners Limited (Value Partners), an independent asset management company based in Hong Kong, has implemented SunGard's Monis XL pricing and risk solution for convertibles and fixed income trading.

The Monis solution will help Value Partners to value convertible bonds and credit-linked derivatives within its pre- and post-trade analysis.

Value Partners uses a disciplined approach to managing authorized funds, absolute return long-biased funds, long-short hedge funds, private equity funds and quantitative funds. To support this approach, Value Partners selected Monis to help it independently price derivatives in-house, identify future risks, and integrate with internal systems. The solution also helps to support Value Partners' plan to increase its asset allocation of fixed income products.

Fawaz Habel, senior fund manager of Value Partners, said, "Monis provides us with a flexible and robust solution for trading convertibles, fixed income and credit-linked derivatives. Since it is widely used by both sell-side and buy-side firms, Monis' pricing is well understood and recognized. Monis will help us identify value in our trade decisions. We're also pleased that SunGard offered a rapid implementation schedule, local support and easy integration with our existing systems."

Emanuel Mond, president of SunGard's alternative investments business, said, "Accuracy of valuation and risk is crucial for asset managers to bring confidence and insight into trade decisions. It can help them to take decisive action, particularly in highly volatile markets. As a leading solution for convertible and fixed income pricing, particularly in Asia, Monis can help firms like Value Partners to efficiently conduct sensitivity and risk analyses and develop fixed income and debt trading strategies."

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