Email Contact Phone Company Visit Website

New York Head Office

1 Penn Plaza, 49th FI
New York, NY 10119


+1 (212) 359 4100


TSI Sales
[email protected]
Back to all TS Imagine announcements

Instinct Capital Selects Imagine Software for Portfolio and Risk Management

Need for Real-time Performance and Investor Pressure for Robust Risk Management Cited as Deciding Factors

Imagine Software, a leading provider of real-time portfolio and risk management solutions worldwide, today announced the selection of its award-winning, Internet-based service by Sydney-based Instinct Capital. The newly launched hedge fund will employ Imagine to provide comprehensive portfolio and risk capabilities.

Head investment manager Fred Eechaute characterizes the firm’s strategy as long/short with a derivatives overlay, tightly focused on equities, and specializing solely on the Japanese market through the Tokyo and Osaka exchanges. “Our management pedigree stems from previous positions at Mizuho and DKR Oasis, and we are very comfortable operating in that market, which offers some unique advantages due to the available liquidity we can offer investors. With that said, operating with a competitive edge and winning investor confidence requires a recognized solution such as Imagine, with its robust selection of real-time portfolio and risk management functions. Operating a spreadsheet-based business was never an option for us.”

Business manager Stephen Good added: “Of the operational issues we faced before launching our fund earlier this month, one of the most critical was ensuring our ability to take fullest advantage of the Japanese market liquidity that Fred mentioned. The ability to enter and exit positions very quickly is paramount, but equally important is proper timing. To maximize investor returns you have to know when to modify positions, and Imagine’s real-time performance means we can run ‘what-if’ scenarios, portfolio stress tests, and other sophisticated metrics in a continuous manner throughout the day. Imagine gives us the insight we need to make the best, most informed trading decisions.

“Another critical issue,” Good continued, “was driven by investor expectations. Today’s investors not only demand stringent risk controls but expect reports that provide transparency into how we manage their assets. Imagine’s custom reporting capabilities enable us to present any number of P&L analysis, attribution, and risk calculations in a rich and visually compelling manner that is tailored to each investor’s needs. The same set of capabilities also enables us to provide a wealth of on-demand data for fund-of-funds managers.”

Instinct Capital’s trading and operations manager, Anita Lam, is in charge of implementing Imagine. “I like the fact that Imagine’s flexible built-in tools facilitate the task of integrating our other front-end trading and execution management systems into a cohesive whole. And we all appreciate the on-site implementation and training support we’re receiving as we learn best practices for day-to-day tasks like trade booking, P&L, ‘flash NAV’ and rate-of-return generation, VaR calculations, and advanced report generation. Such intensive, high-quality training helps us extract more and more value from our investment in Imagine.”

“We think Instinct Capital is an excellent example of experienced principals rising to the challenges of a tougher, more volatile market environment,” said Yvonne Dahl, Global Director of Sales and Marketing at Imagine. “They leverage their use of Imagine to build credibility with their investor base while simultaneously applying more of the system’s advanced capabilities to their business processes. We’re excited about helping them grow their business and extending the competitive edge they now enjoy.”