Risk News flashes

Creditex will integrate Market-it Partners' data into its credit derivatives platform; Volteq Capital chooses Sophis Value for arbitrage hedge fund; Equalt selects SunGard's Reech derivatives pricing and analytics library.

Volteq Capital chooses Sophis Value for arbitrage hedge fund.

Volteq Capital, an Amsterdam-based long/short volatility arbitrage hedge-fund manager, went live with Sophis Value.

Volteq, which launched the GED Arbitrage Fund Limited on February 16 with over $35 million in assets under management, uses Value as its backbone system for front office, middle office and risk-management purposes.

"We were looking for a strong and user friendly real-time position keeping and risk-management system providing extensive risk-analysis capabilities, allowing us to launch a series of stress tests, calculate a range of risk parameters easily and produce a large number of risk reports," states Jan Ebel Bos of Volteq Capital in the press release. Bos also cites Value's know-how in terms of instrument pricing, the ability to handle fund administration and flexibility in real-time position keeping.

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