With this implementation, portfolio and risk managers trading alternative investments at BlueBay will have access to live P&L data, coupled with real-time views on risk exposures.
Imagine Software said mandated stress testing functionality is also incorporated into the software.
BlueBay head of IT Simon Lumsdon said Imagine is fast and flexible and was able to implement the system very quickly.
"They also provide all the data needed for our day-to-day operations as part of the hosted solution, which makes it very good value for money," Lumsdon said.
BlueBay is a direct wholly-owned subsidiary of Royal Bank of Canada (RBC) and part of the RBC asset management division, RBC Global Asset Management group of companies.