Capula Investment Management LLP (Capula), a multi-billion dollar global fixed income specialist investment firm based in London which manages fixed income absolute return, fixed income long-only and fixed income portable alpha strategies,has selected SunGard’s Front Arena, a real-time, integrated cross-asset trading platform, to help manage its trading and risk management functions.
Capula Selects SunGard’s Front Arena for Trading and Risk Management
SunGard’s Front Arena will provide Capula with advanced profit and loss reporting and risk metrics to support its trading decisions. The SunGard solution replaces an in-house system and will help Capula increase the scalability of its operations. Front Arena will also give Capula the extra capacity it needs to help meet the growing demand for fixed income portable alpha and fixed income long-only mandates, with a quicker time to market.
John Dai, partner and chief risk officer at Capula Investment Management, commented: “We selected SunGard’s Front Arena because our validation exercises showed that Front Arena calculates valuation metrics with a high degree of accuracy, something required in global fixed income trading. It also provides global coverage of instruments while the extension framework makes it relatively easy to integrate internal systems and third-party tools into Front Arena, providing a wide range of functionality to our investment, risk management and operational teams.”
Emanuel Mond, president of SunGard’s alternative investment business, said: ”Capula joins a growing number of hedge funds that are turning to SunGard’s Front Arena to help them automate their global trading operations. The solution will help meet the needs of such an operation, providing support, scalability for growth, unified risk and real-time P&L.“