Sophis announces today further enhancements to VALUE, the one-stop shop solution for the buy-side. VALUE v2.1, released this week, provides advanced cash management and reconciliation capabilities for hedge funds, and integrated VaR calculations
The new version of VALUE incorporates significant additions for alternative investment and confirms VALUE's position as the most complete risk management onsite solution available today for hedge funds.
Version 2.1 makes automatic performance fees calculations possible, applying the ultimate methods of today's financial markets - high water mark and credit equalization. Its performance fees calculations, combined with its flexible management of funds' subscriptions, permits hedge funds to calculate an accurate NAV and to guarantee their investors an accurate repartition of fees.
Other major enhancements include the generation of cash statements with trade details per account, allowing hedge funds to manage their cash positions with multiple prime brokers.