Greenwich, Connecticut-based hedge fund, TwinFields Capital Management, LLC, has selected SunGard Trading and Risk Systems’ Panorama as its trading and risk management infrastructure.
TwinFields will use Panorama for desk-level risk analytics, sensitivities, scenario analysis and stress tests, along with simulation-based Value-at-Risk across the enterprise. The trading and risk management system will also be able to support the hedge fund’s multi-strategy, cross-asset and multi-currency trading environment, and be scaled in line with its business.
Panorama will support a variety of OTC and exchange traded products at TwinFields. Traders will use Panorama for real-time portfolio information, such as P&L and sensitivities, in order to manage their positions in real-time. Panorama will also allow risk managers to monitor risk parameters in real-time. Panorama is part of SunGard Adaptiv, which provides straight-through processing and integrated risk management.
“We selected Panorama as the trading and risk management platform for TwinFields because of its ability to readily support our planned growth in terms of assets under management, diversified trading activity and expansion into other regions,” said Joseph Niciforo, chairman of TwinFields. “We especially wanted to implement a robust, comprehensive and proven solution prior to launching the new fund, in order to provide our institutional investors with confidence in our trading and risk management capability and attract additional capital.”