Hong Kong (Vocus) August 29, 2009
Value Partners Limited (Value Partners), an independent asset management company based in Hong Kong, has implemented SunGard's Monis XL pricing and risk solution for convertibles and fixed income trading. The Monis solution will help Value Partners to value convertible bonds and credit-linked derivatives within its pre- and post-trade analysis.
Value Partners uses a disciplined approach to managing authorized funds, absolute return long-biased funds, long-short hedge funds, private equity funds and quantitative funds. To support this approach, Value Partners selected Monis to help it independently price derivatives in-house, identify future risks, and integrate with internal systems. The solution also helps to support Value Partners' plan to increase its asset allocation of fixed income products.
Fawaz Habel, senior fund manager of Value Partners, said, "Monis provides us with a flexible and robust solution for trading convertibles, fixed income and credit-linked derivatives. Since it is widely used by both sell-side and buy-side firms, Monis' pricing is well understood and recognized. Monis will help us identify value in our trade decisions. We're also pleased that SunGard offered a rapid implementation schedule, local support and easy integration with our existing systems."
Emanuel Mond, president of SunGard's alternative investments business, said, "Accuracy of valuation and risk is crucial for asset managers to bring confidence and insight into trade decisions. It can help them to take decisive action, particularly in highly volatile markets. As a leading solution for convertible and fixed income pricing, particularly in Asia, Monis can help firms like Value Partners to efficiently conduct sensitivity and risk analyses and develop fixed income and debt trading strategies."
About Value Partners Limited
Value Partners Limited is an independent, value-oriented asset management company with a focus on Greater China and the Asia-Pacific region. Under its Value Partners brand and Sensible Asset Management brand, Value Partners manages authorized funds, absolute return long-biased funds, long-short hedge funds, private equity fund and quantitative funds. Applying this time-honored approach to investing with strict discipline, Value Partners has been rated as one of the best performing Greater China fund managers by major rating agencies.
Value Partners manages and sub-manages absolute return long-biased funds, long-short hedge funds, private equity funds and quantitative funds. The company also provides account management services to managed accounts and manages or advises on other products including structured notes. The investor base of the company comprises institutions, corporate, statutory authorities, pension funds, university endowment funds, charitable foundations, funds of funds, high-net-worth individuals and retail investors.
As at 30 June 2009, the unaudited assets under management of Value Partners Group were approximately US$4 billion. For more details about Value Partners, please access to http://www.valuepartners.com.hk.
About SunGard's Monis
Monis provides management and analysis, pricing data and specialized training for derivatives traders. Banks, brokerages and other institutions rely on Monis to help them understand and trade new derivatives products. Monis provides tools for analysis and modeling, pricing, trading and portfolio management. Monis supports a range of derivatives including convertible bonds, equity options, FX options, and interest rate derivatives, with a special focus on equity-linked and convertible securities.
SunGard is one of the world's leading software and IT services companies. SunGard serves more than 25,000 customers in more than 70 countries, including the world's 25 largest financial services companies.
SunGard provides software and processing solutions for financial services, higher education and the public sector. SunGard also provides disaster recovery services, managed IT services, information availability consulting services and business continuity management software.
With annual revenue exceeding US$5 billion, SunGard is ranked 435 on the Fortune 500 and is the largest privately held business software and services company on the Forbes list of private businesses. Based on information compiled by Datamonitor*, SunGard is the third largest provider of business applications software after Oracle and SAP. Continuity, Insurance & Risk has recognized SunGard as service provider of the year an unprecedented six times. For more information, please visit SunGard at http://www.sungard.com.
*January 2009 Technology Vendors Financial Database Tracker http://www.datamonitor.com
Trademark Information: SunGard, the SunGard logo and Monis are trademarks or registered trademarks of SunGard Data Systems Inc. or its subsidiaries in the U.S. and other countries. All other trade names are trademarks or registered trademarks of their respective holders.
For more information, please contact:
SunGard Financial Systems
Tel: +65 6416 1495