Garantum Fondkommision AB is an independent structured products boutique headquartered in Stockholm. Established in 2005, it has grown to become one of the leading and largest players for structured products in the Nordic market with close to 700 issues and a valuation in the underlying markets of approximately â¬ 4 billion. It chose Sophis VALUE following an extensive search of the Swedish and international software market.
Edgar Luczak, Deputy CEO, explained: âWe spent a long time looking at all of the alternative software platforms in our local market, as well as globally. We chose Sophis VALUE because of its functionality and the value that it will allow us to add to our clients, both now and in the future. Sophis was extremely flexible and we worked closely with its R&D team in order to build the innovative functionality that we need from our software platform.â
Sebastien Roussotte, COO, Sophis UK & Middle East said: âWe are delighted that Garantum has chosen Sophis VALUE to support and build its business. The Scandinavian marketplace is at an interesting stage in its development and there is a growing reliance on managing alternative funds and risk management. We have built VALUE from the ground up to support the needs of buy-side institutions, while incorporating the sophisticated risk management functionality developed for the sell-side. This makes it an ideal platform for organisations like Garantum.â
Sophis has worked with buy-side institutions since 2001 and VALUE is currently in use at over 80 institutions worldwide, from start-up hedge funds to global investment management companies. Clients include AXA IM, BNP Paribas IP, BTG, Fortis IM, Groupama AM, Jabre Capital.