Sophis wins eight hedge fund clients in eight months

2 February 2009

Sophis, a leading provider of cross-asset, front-to-back risk and portfolio management solutions today announces that it has signed a new agreement with Nau Capital, to provide portfolio and risk management programmes with Sophis VALUE.

Nau Capital is the eighth new hedge fund client in the past eight months to employ Sophis’ solutions. Other new clients include Harbour Capital, Camargue Capital and Brait SA.

Callum Runcie, Head of Sales for Hedge Funds in the UK, Ireland, Nordics and South Africa, at Sophis, said: "Over the last two years investors have become more sophisticated and the hedge fund industry has consequently seen an increasing demand for infrastructure investment in funds. There is no longer a focus on long/short equity, and new products tend to be cross-asset or concentrated on more sophisticated asset classes. In addition, there is increased demand for transparency and risk control from investors. As a result, hedge funds have to set higher standards of risk and portfolio management procedures to ensure they have the infrastructure in place to meet these changing requirements.”

“Demand for high quality infrastructure systems is set to continue”, says Sebastien Roussotte, COO Sophis UK, Ireland, Nordics and South Africa. “Our ongoing commitment to improving quality of service is supported by the expansion of our London office, which has grown from 25 employees to 42 in the past 12 months.”

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