Driven by increasing need for timely risk analysis, Prosiris, led by former Goldman Sachs Managing Director Reza Ali, sought a proven risk management solution to provide comprehensive scenario and risk-sensitivity reporting.

"Given the sophistication of our trading strategy, the key factors in selecting Quantifi Risk are industry leading analytics combined with flexibility and usability. We were impressed with Quantifi's extensive product coverage as well as the speed and accuracy of their models," states Jerry Chang, Chief Financial Officer, Prosiris. "It's important for us to obtain a solid infrastructure for managing and reporting risk. As a recognised leader, Quantifi provides the level of accuracy and sophistication we need to trade and effectively manage our risks. By partnering with Quantifi we now have the opportunity to focus our capital and time on our core business rather than spend time and resources developing an internal solution."

Scott Trimble, Head of North American Sales, Quantifi, comments, "Prosiris has chosen a product well-suited for the needs of investment firms in today's dynamic markets, as it allows them to rapidly respond to market changes while implementing new strategies to take advantage of market opportunities. Quantifi's business across North America continues to develop at a strong pace and gaining Prosiris is another important milestone in our growth."

Quantifi Risk is an award-winning trading and risk management system for OTC products. It provides next-generation valuation, trade processing, risk management and interactive reporting. Easy-to-install and intuitive to use, Quantifi Risk provides an open, scalable system that automates the day-to-day valuation and risk management process. Based on Quantifi's market leading models, Quantifi Risk delivers timely, accurate and comprehensive results.

Rohan Douglas, CEO, Quantifi, adds, "Prosiris is a sophisticated firm and we are delighted with their decision to partner with us. We continue to see increasing flows into investment funds and sales growth from this. We look forward to working with Prosiris' talented team and providing them with a flexible, robust infrastructure that allows them to focus on the growth and success of their business."