Sunday, 21 September 2014
Last updated 2 days ago
Sep 24 2009 | 2:38am ET
JPMorgan Chase’s prime brokerage arm and risk management firm Sophis have partnered to offer a new integrated portfolio and risk management system.
Dubbed iSophis, the new platform offers hedge funds in-depth reporting across multiple prime brokers. The application service provider model gives hedge fund managers access to the secure platform from any internet connection.
“iSophis allows hedge funds to benefit from the same technology used in many large financial institutions, for a fraction of the investment required to manage a system in house,” Lou Lebedin, co-head of prime brokerage at JPMorgan, said. “Managers can now spend less time worrying about their technology and infrastructure and more time managing clients’ assets.”
iSophis features profit and loss analysis, performance attribution, and risk exposure and calculation, including stress-testing.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.