Sophis and J.P. Morgan launch portfolio and risk management tool

Date: Tuesday, September 22, 2009
Author: Hedgeweek.com

Sophis, a provider of portfolio and risk management solutions, and J.P. Morgan’s prime brokerage business have introduced iSophis, a new technology that will allow hedge funds to manage their portfolios across multiple prime brokers.

iSophis provides integrated portfolio and risk management services through a simple application service provider model. It can provide hedge funds with in-depth reports on P&L analysis, performance attribution, and risk exposure.

iSophis can also help hedge funds calculate risk measurements including stress testing as they scale up their trading volumes or broaden existing strategies to include additional asset classes, all of which are covered by iSophis.

J.P. Morgan’s prime brokerage clients can access the service from any internet connection.