Volteq Capital has launched the GED Arbitrage Fund Limited, a long/short volatility arbitrage fund, on the 16th of February, with over $35 million in assets under management, raised from European funds of funds. The manager treats volatility as a tradable asset and aims to make returns regardless of market conditions. It trades equity volatility curves, skews and pairs, dispersion strategies, convertibles and warrants, as well as structured products. Volteq uses Sophis VALUE as its backbone system, for front office, middle office and risk management purposes.
"We were looking for a strong and user friendly real-time position keeping and risk management system providing extensive risk analysis capabilities, allowing us to launch a series of stress-tests, calculate a range of risk parameters easily and produce a large number of risk reports.â says Jan Ebel Bos of Volteq Capital. "We knew the strengths of Sophis in this area as one of us had been using the system in his previous position. We found that Sophis VALUE combined know-how in terms of instrument pricing and risk management with the ability to handle fund administration. Also, we were impressed by its flexibility in real-time position keeping and risk management."
"We are very pleased to welcome Volteq Capital as one of our clients. We have been putting much effort into delivering our hedge fund clients a functionally superior cross-asset, one stop shop solution. We aim to set the industry standard in the alternative investment community" commented HervÃ© Vinciguerra, Chairman of Sophis.