“Now financial institutions and third parties can better serve their clients by providing the portfolio and risk analytics they demand, from simple to sophisticated, drawing from Imagine’s extensive risk and portfolio management analytics and data.”
New York, NY (PRWEB) February 18, 2014
Imagine Software, a leading provider of real-time portfolio and risk management solutions to the global investment community, today announced the launch of Imagine Risk Services, the next generation of its Imagine Financial Platform (IFP) and App Marketplace. Financial institutions and third parties can now better serve their clients by providing the portfolio and risk analytics they demand, from simple to sophisticated, drawing from Imagine’s extensive risk and portfolio management analytics and data.
Imagine Risk Services addresses the challenge of providing users with the exact tools they need, anywhere and anytime, via a cost-effective cloud-based solution. Increased demand from investment managers for the inclusion of risk analytics as a seamlessly integrated feature set has left service providers scrambling for suitable options. Imagine Risk Services answers the call for “a la carte” risk or portfolio management components that can be consumed on a bespoke basis.
Typical use cases include:
- An order management, execution management, or portfolio management system extending its capabilities to include a full pre-trade risk compliance, risk reporting, and limit monitoring solution
- An accounting system using Imagine Risk Services to complement its P&L reporting to include VaR, stress testing and scenario analysis, broadening and deepening the overall value the vendor can bring to its clients
- A fund administrator enhancing its services to include basic or advanced risk or portfolio management capabilities such as VaR, P&L attribution, and investor reporting such as Open Protocol Enabling Risk Aggregation. Administrators and their clients gain efficiencies as a result of an integrated work flow and reconciled data from a single provider
Imagine Risk Services leverages Imagine’s long history of delivering cloud-based integrated risk and portfolio management capabilities and coincides with Imagine’s celebration of 20 years of providing real-time investment management solutions to the global financial community to help maximize returns, minimize risk, and improve transparency.
“Since we launched 20 years ago, Imagine has prided itself on offering innovative, cost-effective, and customizable products to our customers,” said Imagine Software co-founder and CEO Lance Smith. “By allowing customers to access our data, software, and services however they choose and giving them the ability to get precisely the functions they need, we can serve a broader base of users, helping them make faster, smarter decisions and more effectively manage risk.”
Over its 20-year history, the award-winning Imagine Trading System (ITS) has served thousands of traders, risk, and portfolio managers, as well as operations and technology professionals across the world’s leading hedge funds, funds of funds, brokerage firms, and investment banks.
“I first started using Imagine Software’s risk and portfolio management system while working at Deutsche Bank nearly eighteen years ago," said Henry Kenner, CEO of Arrowgrass Capital Partners. “When Arrowgrass was spun out of the bank, we performed our due diligence and researched other options but quickly realized that our old friends at Imagine were still providing the best solution to meet our needs. All these years later, I still trust them to look after us and help us manage our portfolios and minimize risk with their system and services.”
Over the past two years, Imagine has built on its history of innovation with a suite of products leveraging its real-time analytics including the Imagine Risk Aggregator, a web portal that provides greater transparency into investments.
Tatiana Segal, Chief Risk Officer at SkyBridge Capital, said: “A little over a year ago, SkyBridge became the first customer to sign up for Imagine’s new Risk Aggregator product. Given that risk management is so critical to our business, we evaluated the product and several alternatives very closely. It quickly became apparent that Imagine’s aggregation offering was the most sophisticated and flexible solution on the market.”
Imagine Software’s products are used by customers in more than twenty-five countries throughout the Americas, Europe, and the Asia-Pacific region. In 2013, the company achieved the prestigious ISO 27001 security certification, highlighting that Imagine meets the world's most stringent standard for information security management systems.
Over its 20-year history, the company has won dozens of awards, including:
- “2013 Trading Technology Top 40” – Institutional Investor (for Co-Founder and President Steven Harrison)
- “2012 Best Portfolio Management Software Provider” – HFMWeek US Hedge Fund Services
- "2011 Best Risk Technology Provider" – HFMWeek US Hedge Fund Services
- "2011 Best Technology Provider – Client Service" – HFMWeek European Hedge Fund Services
- “2009 Top ASP Vendor” – Asia Risk Magazine Technology Survey
- “2008 Best Risk Management Supplier” – The Hedge Fund Journal
"It's rare to find a company with such a long history that continues to innovate at the pace of Imagine Software," said David Elms, Head of Alternatives at Henderson Global Investors. "As someone who works across numerous asset classes, I'm continually impressed with the speed at which Imagine is able to add coverage and capabilities, as well as its flexibility in creating new solutions that make it easy to slice and dice data so my team can quickly see the possibilities across all of our holdings and make more informed decisions."
“Over the past 20 years, we’ve experienced phenomenal growth as the financial industry has become increasingly complex,” said Steven Harrison, President and COO of Imagine. “Every year, new challenges arise for the industry, and I’m proud of the way we continue to innovate to address those challenges, from new regulations and asset classes to increasing demands for transparency from investors. I’m excited about our pipeline of products and am looking forward to the next 20 years.”
About Imagine Software
For 20 years Imagine Software has been a leading provider of real-time investment management solutions to the global financial community. Since launching the first cloud-based integrated portfolio and risk management offering—the Imagine Trading System—in 2000, the company has continued to guide the industry as an innovator. The company's robust suite of products also includes the Imagine Financial Platform, an environment that extends Imagine's capabilities through Imagine Apps; the Imagine Marketplace, an online community for distributing and obtaining Imagine Apps; and the Imagine Risk Aggregator, a web portal providing greater transparency into investments.
Headquartered in New York City with additional offices in Cleveland, Hong Kong, London, and Sydney, Imagine Software is the trusted solution for thousands of users at the world's largest hedge funds, funds of funds, brokerage firms, and investment banks.
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