Mohammad Ahmad, GMIâs chief operations and risk officer, remarked that his firmâs initial product offeringsâan inflation protection fund launched in December 2007 and a discretionary global macro fund to be launched in the next monthâ are both very topical, with portfolios consisting of inflation-linked structures, OTC options, and exchange-traded futures. âOur success with this product and others we will soon introduce hinges upon superior risk management, scenario analyses, and reporting,â Ahmad said. âImagineâs overall capability in that regard was the primary reason we chose them over rival software products.â
Besides exceptional risk functionality, Imagineâs ease and speed of implementation were superior to all other systems examined, noted Ahmad. âWe 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.â
Two other considerations weighed heavily in GMIâs decisionâfactors that, in Ahmadâs opinion, are frequently overlooked in the rush to address immediate business requirements: effective data management and high-quality post-sale business support. âBecause we use Imagineâs on-demand ASP solution, the burden of managing and maintaining the myriad data components necessary for day-to-day operations is removed. Imagineâs ASP data management team assures the availability of our real-time price feeds, corporate actions processing, security masters, yield curves, correlations and volatilityâto name a few items.
âThe level of vendor support we have received,â said Ahmad, âhas been very satisfying. Knowing you can depend on your vendors to stand behind you as you build your business is very confidence inspiring.â
Yvonne Dahl, Director of ASP Sales & Marketing for Imagine, commented: âWeâre very excited we had the opportunity to assist GMIâs 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.â