CSOP managing director Steve Chang said when the firm took the decision to transition from spreadsheets, Imagine was the first system that came to mind.

"After a comprehensive review of possible vendor solutions, it was clear that none could match Imagine’s combination of strong asset class support for derivatives and overall risk and cash management capabilities, delivered as a flexible cloud-based service. It really hit the mark in terms of our business needs," Chang added.

The company said that the deployment of the new tool will ensure secure handling of complex portfolios of assets management which includes equities, options, futures, swaps and fixed income — while providing greatly improved performance attribution.

Fully integrated with the fund’s execution management system, prime brokers, and fund administrators, Imagine now enables CSOP to tightly monitor and manage real-time P&L, risk, and FX exposure.

Hong Kong based Fund management firm said that the system provides the firm with comprehensive stress testing, scenario analysis, compliance checking, real-time Greeks, and flexible reporting capabilities.