TORA, the leading provider of advanced trading technology and financial services, today announced that Vulpes Investment Management has implemented TORA's Portfolio (PMS) and Risk Management (RMS) System.
TORA will provide an efficient infrastructure to Vulpes for straight through processing – from trade to settlement and reconciliation – and a real time view of its positions and risk. Vulpes is using TORA’s PMS and RMS to manage the fund’s entire portfolio including over the counter, debt and private equity investments.
“At Vulpes we are already using TORA’s Execution and Order Management System (OEMS) for our trading strategies, so having a fully integrated downstream system for our entire portfolio has significantly increased our efficiency”, said Scott Treloar CRO of Vulpes.
TORA’s solution provides fully flexible portfolio views, real-time and historical profit and loss, as well as risk metrics such as VaR and sensitivity analysis. Full asset class coverage is offered including equity, equity derivatives, fixed income instruments, interest rate products and credit derivatives.
“Historically, we were a point and click trading group with end of day portfolio management processes. With TORA, we are moving to an infrastructure which will allow us to increase AUM without having to significantly increase head count,” said Treloar.
The solution enables Vulpes to quickly launch a new systematic trading strategy and leverage the existing straight-through-processing from TORA’s OEMS to the new Portfolio and Risk Management System.
“We are delighted to help Vulpes implement a complete front-to-back solution without compromising on features.” said Chris Jenkins, Asia-Pacific Managing Director of TORA, “This emphasizes TORA’s strategy of being a long term partner to our customers and offering solutions throughout the front and middle office.” TORA’s Portfolio and Risk system is available as a standalone system or fully integrated with its award winning Execution and Order management system.