Odyssey reports contract win

Source: Odyssey Financial Technologies

Odyssey Financial Technologies, a global provider of Asset Management software solutions and services, announces that its InvestmentManager portfolio management system has been selected by one of the world's top 10 global custodians.

InvestmentManager will be progressively deployed to support its currency management services on a worldwide basis.

Following an extensive selection process, InvestmentManager was identified as the best match for the organisation's strategic evolution, based on providing a scalable, currency-centric portfolio management system with comprehensive exposure monitoring. The corporate stability provided by Odyssey and its desire to work as a strategic partner were also key factors in the selection process. From early 2010, the global custodian will be using InvestmentManager to provide its clients with the ability to protect assets against adverse currency movements, using various financial instruments and hedging strategies.

InvestmentManager is an advanced, analytical front office decision support solution covering the full range of multi-asset, multi-currency portfolio management requirements. It is designed to give portfolio managers control, enabling faster and easier tracking of the investment process from historical performance and attribution through what-if and portfolio modelling to forward looking scenario analysis. The latest version includes a powerful new element - Recon - providing daily data consistency checks for improved accuracy. This data quality aspect is particularly important for those customers using InvestmentManager to automate the execution of investment strategies on the basis of small changes in that underlying data.

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