Imagine Launches Risk Services
Imagine Software has launched Imagine Risk Services, the next generation of its Imagine Financial Platform (IFP) and App Marketplace.
Financial institutions and third parties provide portfolio and risk analytics, drawing from Imagine’s risk and portfolio management analytics and data.
Imagine Risk Services addresses the challenge of providing users with the exact tools they need, anywhere and anytime, via a cost-effective cloud-based solution.
Increased demand from investment managers for the inclusion of risk analytics as a seamlessly integrated feature set has left service providers scrambling for suitable options. Imagine Risk Services answers the call for “a la carte” risk or portfolio management components that can be consumed on a bespoke basis.
Typical use cases include:
· An order management, execution management, or portfolio management system extending its capabilities to include a full pre-trade risk compliance, risk reporting, and limit monitoring solution
· An accounting system using Imagine Risk Services to complement its P&L reporting to include VaR, stress testing and scenario analysis, broadening and deepening the overall value the vendor can bring to its clients
· A fund administrator enhancing its services to include basic or advanced risk or portfolio management capabilities such as VaR, P&L attribution, and investor reporting such as Open Protocol Enabling Risk Aggregation. Administrators and their clients gain efficiencies as a result of an integrated work flow and reconciled data from a single provider
“Since we launched 20 years ago, Imagine has prided itself on offering innovative, cost-effective, and customisable products to our customers,” says Imagine Software co-founder and CEO Lance Smith. “By allowing customers to access our data, software, and services however they choose and giving them the ability to get precisely the functions they need, we can serve a broader base of users, helping them make faster, smarter decisions and more effectively manage risk.”
Tatiana Segal, chief risk officer at SkyBridge Capital, says: “A little over a year ago, SkyBridge became the first customer to sign up for Imagine’s new Risk Aggregator product. Given that risk management is so critical to our business, we evaluated the product and several alternatives very closely. It quickly became apparent that Imagine’s aggregation offering was the most sophisticated and flexible solution on the market.”
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.