Imagine Software, a leading provider of on-demand trading, portfolio, and risk management solutions, today announced that Swiss-based Global Macro Investments (GMI) chose the award-winning Derivatives.com system for its portfolio and risk management needs.
Mohammad Ahmad, GMI’s chief operations and risk officer, remarked that his firm’s initial product offerings—an inflation protection fund launched in December 2007 and a discretionary global macro fund to be launched in the next month— are both very topical, with portfolios consisting of inflation-linked structures, OTC options, and exchange-traded futures. “Our success with this product and others we will soon introduce hinges upon superior risk management, scenario analyses, and reporting,” Ahmad said. “Imagine’s overall capability in that regard was the primary reason we chose them over rival software products.”
Besides exceptional risk functionality, Imagine’s ease and speed of implementation were superior to all other systems examined, noted Ahmad. “We needed a turnkey portfolio and risk system that would seamlessly integrate our deal capture system and prime broker data feeds. And because of our time-to-market concerns, implementation needed to be measured in weeks rather than months.”
Two other considerations weighed heavily in GMI’s decision—factors that, in Ahmad’s opinion, are frequently overlooked in the rush to address immediate business requirements: effective data management and high-quality post-sale business support. “Because we use Imagine’s on-demand ASP solution, the burden of managing and maintaining the myriad data components necessary for day-to-day operations is removed. Imagine’s ASP data management team assures the availability of our real-time price feeds, corporate actions processing, security masters, yield curves, correlations and volatility—to name a few items.
“The level of vendor support we have received,” said Ahmad, “has been very satisfying. Knowing you can depend on your vendors to stand behind you as you build your business is very confidence inspiring.”
Yvonne Dahl, Director of ASP Sales & Marketing for Imagine, commented: “We’re very excited we had the opportunity to assist GMI’s highly experienced managers with their launch. Imagine will be with them every step of the way as they expand their business and introduce new products to their clientele.”