TS Imagine Adds GF Securities to Growing Asia-Pacific Client Base
|GUANGZHOU, November 19, 2012 – GF Securities, one of the five largest securities firms in mainland China, selected TS Imagine’s award-winning, cloud-based solution to satisfy its need for an integrated portfolio and risk management system. Following a successful pilot program, GF, an internal fund trading in equities, bonds, futures, and mutual funds, deployed TS Imagine throughout its risk management department.|
Kong Wei Cheng, Vice General Manager of GF, said, “TS Imagine came highly recommended by a pioneer of the mainland financial services industry and, after using the system, it is clear why. TS Imagine’s highly flexible and extensible risk management system is years ahead of what is offered by most local vendors. This ability to scale is an essential element for us, along with TS Imagine’s capacity to support risk analysis and valuations encompassing the global derivatives market. We also continue to be impressed by the firm’s rich practical experience, particularly that of CEO Dr. Lance Smith.”
With the adoption of TS Imagine’s sophisticated solution, GF can now execute 24/7 real-time stress tests and VaR calculations. The ability to conduct simulations—historical and user-defined—is also heavily utilized, along with the system’s solid reporting engine. From an operational standpoint, GF fully expects to realize significant human resource cost savings by leveraging TS Imagine’s cloud-based system.
Angus Johnston, Head of Asia-Pacific Sales at TS Imagine, said, “With the addition of GF Securities, TS Imagine now serves two of the top five securities firms in mainland China. We are honored by GF’s selection and recognition of TS Imagine as an industry-leading risk management solution. We are delighted to help GF improve its operational efficiencies by providing a scalable solution that can be extended firm-wide and can grow with the fund.”
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About TS Imagine
For nearly 20 years TS Imagine has been a leading provider of real-time investment management solutions to the global financial community. Since launching the first cloud-based integrated portfolio and risk management offering—the TS Imagine Trading System—in 2000, the company has continued to guide the industry as an innovator. The company’s robust suite of products also includes the TS Imagine Financial Platform, an environment that extends TS Imagine’s capabilities through TS Imagine Apps; the TS Imagine Marketplace, an online community to distribute and obtain TS Imagine Apps; and the TS Imagine Risk Aggregator, a web portal providing greater transparency into investments.
Headquartered in New York City with additional offices in Cleveland, Hong Kong, London, Sydney, and Istanbul, TS Imagine is the trusted solution for thousands of users at the world’s largest hedge funds, funds of funds, brokerage firms, and investment banks.
About GF Securities
GF Securities is a leading full-service securities firm in China. Its business encompasses underwriting, M&A, brokerage, proprietary trading, and asset management. GF Securities upholds its core value of “practicality and realism, and development through professional knowledge and experience.” As a commitment to its clients, GF Securities endeavors to provide the most creative and professional services in the market. GF Securities has a registered capital of RMB 5.9 billion and a staff of over 9,470. With 199 branches throughout China, it is one of the three largest banks in the country.
HVaR, By Dr Lance Smith, Chief Strategy Officer, TS Imagine Historical VaR (HVaR) has become a standard measurement of risk, in which a current portfolio is subjected to the market conditions of a prior day and the resulting P&L is recorded. Read entire article here.
TS Imagine recently participated in SimCorp’s 3-day International User Community Meeting (IUCM) attracting over 500 clients from around the world. For those who were not able to attend the event, we offer this summary of the history, rationale and benefits of the TS Imagine/SimCorp alliance.
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