JGP Gestão de Recursos signs for Misys Sophis Value

Source: Misys

Misys, the global application software and services company, announced today that Brazil-based JGP Gestão de Recursos Ltda (JGP) has selected Misys Sophis Value for post-trade investment support and risk management.

As part of the tremendous success of the region, Brazilian buy-side firms are looking for locally based service and technology providers that understand their market and have thorough coverage of the highly specific local products. With Sophis VALUE, JGP will be able to leverage straight-through processing (STP) middle- and back-office functionality across multiple asset classes, including P&L calculation, reconciliation, and risk management including historical VaR calculations.

"As our business continues to grow domestically and internationally, it is crucial for us to work with firms that have an understanding of local and global markets," said Roberto Vaimberg, partner at JGP. "Misys Sophis VALUE offers the full asset coverage that we are looking for. Misys' presence in the Brazilian market was also a determining factor of our choice here. We are looking forward to working with Misys as the firm continues to invest in expanding their product lines."

Rafael Sainz, Sales Director of Latin America at Misys, commented, "We are pleased that we are able to leverage our existing extensive local knowledge and manpower on the ground in Brazil in working with such an impressive asset manager as JGP. At Misys, we always aim to continually improve our solutions by working closely with our clients and partners, which is supported by our extensive, forward-looking roadmap of developments."

Sophis VALUE is a fully integrated cross-asset solution for investment management that leverages STP to handle the complete trading lifecycle from portfolio management to middle- and back-office operations, to risk management and compliance. It combines sell-side level financial and technological capabilities with the user-friendliness, modularity, connectivity, and ease of implementation required by the buy side. Sophis VALUE has been adopted by 90 institutions worldwide, from start-up hedge funds to global asset management companies. 

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