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Risk Management

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Investment Manager Selects Quantifi For Risk Management And Reporting

The investment management firm, led by former Goldman Sachs managing director Reza Ali, was driven by increasing need for timely risk analysis.

Quantifi Risk provides accurate valuation and transparent reporting to investors and regulators

Quantifi, a provider of analytics, trading and risk management solutions for the global capital markets, announced that Prosiris Capital Management has licensed its trading and risk management solution Quantifi Risk for risk analysis and reporting. Driven by increasing need for timely risk analysis, Prosiris, led by former Goldman Sachs managing director Reza Ali, said in a release he sought a proven risk management solution to provide comprehensive scenario and risk-sensitivity reporting.

"Given the sophistication of our trading strategy, the key factors in selecting Quantifi Risk are industry leading analytics combined with flexibility and usability. We were impressed with Quantifi's extensive product coverage as well as the speed and accuracy of their models," states Jerry Chang, CFO, Prosiris. "It's important for us to obtain a solid infrastructure for managing and reporting risk. As a recognised leader, Quantifi provides the level of accuracy and sophistication we need to trade and effectively manage our risks. By partnering with Quantifi we now have the opportunity to focus our capital and time on our core business rather than spend time and resources developing an internal solution."

Scott Trimble, head of North American Sales, Quantifi, comments: "Prosiris has chosen a product well-suited for the needs of investment firms in today's dynamic markets, as it allows them to rapidly respond to market changes while implementing new strategies to take advantage of market opportunities. Quantifi's business across North America continues to develop at a strong pace and gaining Prosiris is another important milestone in our growth."

Melanie Rodier has worked as a print and broadcast journalist for over 10 years, covering business and finance, general news, and film trade news. Prior to joining Wall Street & Technology in April 2007, Melanie lived in Paris, where she worked for the International Herald ... View Full Bio

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