Sophis, a leading provider of cross-asset, front-to-back portfolio and risk management solutions, today announced that Javelin Capital, a newly authorised asset management business, has gone live with Value, Sophis' portfolio and risk management system.
The platform will support the launch of Javelin Capital's absolute return fund and other funds planned for the future.
Javelin Capital is a specialist equity boutique established by Majedie Investments PLC, an investment trust dating back to 1910. Javelin began a complex and challenging implementation over two phases in February 2010 and went completely live in September 2010. It chose VALUE over a number of competitors because of its ability to present real-time performance data in the form required to support the investment process and its ability to be implemented in the timescales needed.
Stephen Swindon, IT and Operations Director, Javelin Capital said "We looked at a number of software providers that would meet our requirements and we selected VALUE because of its flexible and functional customisation capabilities. Another factor in our decision was that the platform would be able to support our requirements as the business grows and new funds are added."
Sebastien Roussotte, COO Northern Europe, Sophis said: "Sophis is experiencing excellent momentum in the hedge fund space in 2010, enabling us to continue to build our credibility in the buy-side market. We are proud to be working with Javelin Capital and look forward to supporting its business in the future."