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A-Team Insight Blogs

Voras Capital Management Selects Sophis Value as Technology Backbone for Newly Launched Hedge Fund

Sophis, a provider of cross asset, front to back portfolio and risk management solutions, today announced that Voras Capital Management, a recently launched global hedge fund, has licensed Sophis Value for front to back office portfolio and risk management for its global trading operations. The system will support its planned strategy of investing in a wide range of distressed assets and making macroeconomic bets on currencies and other securities.

Voras will use Value as the firm’s primary trading and risk management solution. As a fully integrated front to back office solution, it will enable Voras to have a real-time view of its operations including pricing, position keeping, risk exposures, and data management. With its broad asset class coverage Value is ideally placed to support Voras’ business as the firm expands into complex products, and new asset classes.

“One of our main concerns in selecting a platform was finding a sophisticated solution that offered us the ability to manage complex instruments and asset classes across multiple geographic regions,” said Philip Newcomb, COO, Voras Capital Management. “Sophis will enable us to implement a global IT backbone for our trading operations within our implementation timeframe. This will give us the confidence to know that as we focus on increasing returns for our clients, we have a robust and reliable technology infrastructure in place to both support our investment strategies and provide the transparency into our firm that our investors and regulators require.”

“Sophis has over 10 years of experience working with the hedge fund community,” said Eric Bernstein, COO North America, Sophis. “Though our clients range from start-ups to multi-billion dollar shops, they consistently highlight our system for its ease and speed of implementation and longevity. We are proud to be working with Voras Capital Management and look forward to supporting their business in the future.”

Within the last year, Sophis has signed over 17 new clients on Value globally, and this win is an indicator of the company’s continuing success in North America on the buy-side.

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