Hudson Bay Capital Management Selects Sophis VALUE to Support Firm's Growth

London - 19 October 2009

Sophis, a leading provider of cross-asset, front-to-back portfolio and risk management solutions announced today that Hudson Bay Capital Management, a New York based hedge fund, has chosen Sophis VALUE, to support trading capabilities across all asset classes.

Sophis VALUE will provide the firm with a global platform for portfolio and risk management, intraday P&L, reporting and reconciliation capabilities. “Providing transparency to our investors is a priority for us,” said Charles Winkler, COO of Hudson Bay. “In today’s markets, it has become essential to have the right infrastructure in place and by integrating a system like Sophis, this allows us to focus on what we do best, which is generating returns for our investors.”

Eric Bernstein, Chief Operating Officer, Sophis North America, commented: “Hudson Bay is rapidly growing their business in a difficult and volatile market and Sophis is pleased to provide them with a robust system that helps firms stay nimble. Hudson Bay recognizes the importance of investor transparency and risk mitigation and with the right solutions in place, they are poised for success.”

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