HFMWeek names Imagine Software 2013’s Most Innovative Technology Provider
NEW YORK, December 19, 2013 – Imagine Software, a leading provider of real-time portfolio and risk management solutions to the global financial community, today announced that it was named “Most Innovative Technology Provider” of 2013 by HFMWeek. The annual US Hedge Fund Services Awards recognizes those providers that have outperformed their peers through the volatility of the last year by demonstrating exceptional customer service or innovative product development.
Imagine Software has a twenty-year track record of providing real-time investment management solutions to the global financial community to help investors make more informed decisions and drive better returns. Its flagship product, the Imagine Trading System, was the first integrated portfolio and risk management product designed to help maximize returns and manage risk, achieve transparency, and gain operational efficiencies while removing the costs and complications of in-house systems through its fully hosted cloud offering. The Imagine Trading System works with multiple asset classes and across an array of trading strategies.
“Imagine’s thoughtful and bleeding-edge approach to trading and risk management technology is the gold standard for the sector,” noted HFMWeek’s panel of judges. “The firm’s solutions are highly flexible, adaptable for an array of businesses and hugely impressive in their usability. We’re pleased to honor the company’s continued commitment to innovation in our industry.”
Christine Farrier, Vice President, Marketing Communications at Imagine Software, accepted the award, saying, “Winning this award in the same year the firm celebrates its 20th anniversary is particularly special. After two decades in business, we are still driven by the same goal that inspired us on day one: creating innovative new products that help our customers achieve better results. Our success is built on the dedication of our employees, the strength of the collaborative relationships we have nurtured with our partners, and most importantly, the loyalty and support of our customers.”
The Imagine Trading System has served thousands of traders, risk and portfolio managers, as well as operations and technology professionals across the world’s leading hedge funds, funds of funds, brokerage firms, asset managers and investment banks since its launch. This is Imagine’s fourth HFMWeek award in the last three years. Its other recent wins are:
In addition, earlier this year Imagine co-founder and President Steven Harrison was recognized by Institutional Investor for inclusion in the 2013 Trading Technology 40 List.
Imagine’s industry recognition is built in part on the firm’s development and deployment over the past two years of products leveraging the robust real-time analytics of the Imagine Trading System. These recent products include the Imagine Risk Aggregator, a web portal that provides greater transparency into investments; Imagine Financial Platform (IFP), an environment that extends Imagine’s capabilities by allowing for the creation of Imagine Apps by both internal and external developers; the Imagine Marketplace, an online community for distributing and obtaining Imagine Apps; and Imagine Real-time Risk and Compliance (RRC), which enables rules-based limit monitoring at both the portfolio and fund level with the ability to scale to handle large volumes at high speeds.
# # #
About Imagine Software
For twenty years Imagine Software has been a leading provider of real-time investment management solutions to the global financial community. Since launching the first cloud-based integrated portfolio and risk management offering—the Imagine Trading System—in 2000, the company has continued to guide the industry as an innovator. The company’s robust suite of products also includes the Imagine Financial Platform, an environment that extends Imagine’s capabilities through Imagine Apps; the Imagine Marketplace, an online community for distributing and obtaining Imagine Apps; and the Imagine Risk Aggregator, a web portal providing greater transparency into investments.
Headquartered in New York City with additional offices in Cleveland, Hong Kong, London, and Sydney, Imagine Software is the trusted solution for thousands of users at the world’s largest hedge funds, funds of funds, brokerage firms, and investment banks.
HFMWeek and hfmweek.com are produced exclusively for the international hedge fund community. HFMWeek was launched in September 2002, and is now published weekly. It is now read by over 5,500 alternative fund managers—predominantly CFOs and managing partners—and their key advisors across the globe.
Cutting-edge features and news analysis cover all aspects of operating a successful hedge fund, including searches, prime brokerage, fund administration, risk management, front-to-back-end technology and legal and regulatory issues.
HFMWeek and hfmweek.com are wholly owned by Pageant Media Limited, an independent publishing company that was formed in February 1998 and has grown to become a leading information provider within its core markets.
For media enquiries, please contact:
ED&F Man Capital Markets replaces legacy systems with TS Imagine’s fully-hosted, SaaS solution for high-volume, real-time analytics on cross-asset exchange and OTC trading.
When analysing performance, measuring a portfolio’s actual return answers the “what” and “when” questions –– it tells us what return the portfolio delivered over a specified period of time. While that information is obviously important, the goal of a performance attribution analysis is to go beyond “what” and “when” to explain “how” and “why”.
Managing the risks inherent in their positions, including holding sufficient margin, is absolutely essential for prime brokers. The key question is whether or not they are measuring risks and managing margin effectively and proactively.