Emergent will use Imagine’s ASP offering to deliver risk management systems for its funds, including a global macro fund, a global FX fund and a global equity fund. The firm also will utilize Imagine to provide risk management for its managed accounts services including related UCITS III-compliant products.
Imagine’s Derivatives.com service will be utilized for a range of real-time risk functions including VaR, stress testing, live greeks, P&L, position monitoring, historical and random Monte Carlo simulation, and customizable on-demand risk reporting.
Susan Payne, CEO of Emergent, said: “The real-time performance, affordability, and secure, hosted nature of Imagine’s solution—coupled with fast implementation and the firm’s experience, expertise, and favorable reputation in the market—made our system selection process quite straightforward.
When you can continuously model the effects of possible market moves, obviously it’s much easier to manage your portfolio assets pro-actively instead of reactively.”
Yvonne Dahl, global director of sales and marketing at Imagine, said: “We are excited and honored to partner with a firm as innovative and prestigious as Emergent. The firm utilizes a broad mix of market strategies and instrument coverage, which demands a rich array of risk capabilities that we feel Imagine is uniquely positioned to address.”
