LONDON--(BUSINESS WIRE)--Imagine Software, a leading provider of real-time portfolio and risk management solutions worldwide, today announced that Pensato Capital selected its award-winning cloud-based system to replace the firm’s internal solution. The firm manages a European equity long/short strategy for their flagship Cayman fund and UCITS IV Absolute return fund, dealing in a variety of asset classes including cash, equities, CFDs and FX.
Ed Rumble, Assistant Portfolio Manager at Pensato, said, “With a strong desire to provide comfort to our existing investors and attract new ones, we sought to incorporate a comprehensive risk management system. As an external, industry-proven system that could deploy quickly, easily incorporate our data, and provide a global security master and other critical data components, Imagine was precisely what we required. Additionally, Imagine’s cloud-based system satisfies our crucial disaster recovery requirements, and its investor reporting capabilities are more than sufficient for our needs.”
Specifically, Pensato needed real-time and historical portfolio attribution, including the ability to produce beta-adjusted intraday P&L which could then be sliced and diced by sector, counterparty, liquidity, and market cap across positions over a period of time. The firm also required a system that could provide a broad and sophisticated suite of risk analytics, encompassing VaR, volatility, custom stress testing, and historical simulations.
Imagine is used by the portfolio management team to monitor exposures, P&L and risk intra-day across both funds. Pensato uploads cash equity and CFD transactions directly from the fund’s middle- and back-office system using Imagine’s out-of-the-box interface tools. By loading this transactional data into Imagine, the team has the critical ability to look back and perform detailed historical P&L attribution analysis.
Dr. Lance Smith, CEO of Imagine, said, “We have a definite sense of pride when we can help a discerning client like Pensato achieve their desired level of overall risk management sophistication. We are pleased Pensato has joined the Imagine community of clients and delighted to provide the firm a solid foundation for acquiring new investors and supporting future business growth.”
About Imagine Software
Imagine Software is a leading provider of real-time investment management solutions worldwide. Its flagship product, the Imagine Trading System, is a cross-asset trading, portfolio, and risk management system available as a cloud-based ASP solution or an enterprise application. Developed for alternative investment companies of all sizes, Imagine combines proven institutional-grade capabilities with comprehensive data management and automates key business processing services. A powerful blend of fast time-to-market, comprehensive functionality, and easy scalability makes Imagine a natural solution for new or rapidly growing businesses that need to satisfy ever-growing investor expectations while avoiding the resource commitments normally associated with enterprise-class systems.
Imagine Software serves thousands of users worldwide, ranging from major brokerage firms and banking institutions to hedge funds employing all major asset classes across any trading strategy. Imagine Software is one hundred percent owned by its four managing directors.
For more information, visit www.imaginesoftware.com, contact us at +1 212-317-7600, or follow us on Twitter and LinkedIn.
About Pensato
Pensato Capital is an investment management firm based in London, UK. The firm was founded in early 2008 with the specific purpose of advising the Pensato Europa Fund, a Cayman domiciled, European equity long/short fund. In October 2010 Pensato Capital launched a UCITS IV compliant version of the fund, the Pensato Europa Absolute Return Fund.
Pensato’s ability to deliver attractive investment performance for its clients is founded on the experience of the principals, a proven investment process and prudent risk management. This is accompanied by a commitment to invest in the business infrastructure and operational platform required to support a robust, scalable and successful investment management company.