GNI Fund Management selected Panorama to monitor and report risk, positions and P&L activity across all funds. Panorama will support GNI Fund Management's investment strategies by providing support for the complete range of asset classes that these strategies comprise, including equities, equity derivatives and commodities. The company chose Panorama due to its flexibility and extensibility that will enable GNI Fund Management to easily add support for new instruments. Panorama will also provide GNI Fund Management with the risk analytics it needs to manage its portfolio of complex products, including VaR, scenario analysis and stress testing, and desk-level risk checks for incremental risk measures. The company will also use Panorama to provide enhanced reporting to its investors.
Ross Jones, chief executive officer of GNI Fund Management, said, "Our investment in Panorama is a key component of GNI Fund Management's strategy to differentiate itself through re-defining the role of risk management in hedge fund products. This investment underpins our goal of embedding active risk management within our products, and will enable us to launch a set of truly innovative products in 2003. Panorama's robust, scalable platform will enable us to perform real time risk management in an efficient manner, and we look forward to working with SunGard as a partner over the long term."
Gavin Lavelle, president of SunGard's Panorama operating unit, said, "As the hedge fund sector rapidly develops, these companies can rely on SunGard and Panorama to provide for their distinctive risk management needs, backed by our financial strength and proven business and implementation expertise."