FOR IMMEDIATE RELEASE Media Contact:
Jed Hamilton, Intermarket Communications, 212-754-5479

Factorial Management Chooses Imagine Software as Optimal Portfolio & Risk Management Solution

Award-Winning Software Provider Helps "Second Generation" Hedge Fund
   Achieve Institutional-Grade Functionality

Share |

HONG KONG, July 2, 2012 - Imagine Software, a leading provider of real-time portfolio and risk management solutions worldwide, today announced that Factorial Management Ltd. implemented its integrated portfolio and risk management system. Hong Kong-based Factorial, a newly launched "second generation" hedge fund investing across asset classes, uses Imagine as its core front, middle and back office system. 

Barun Agarwal, Chief Investment Officer of Factorial, said, "Our multi-asset class approach required a powerful system with integrated portfolio and risk management capabilities and the capacity to handle a wide range of instruments, which Imagine provided."

Adam Wallace, Chief Operating Officer of Factorial, commented, "Our highly experienced investment and non-investment teams, having rich hedge fund and sell-side backgrounds, wanted a best of breed system. Following a comprehensive evaluation of nearly half a dozen applications, we found Imagine to be the optimal solution for us. It provided institutional-grade functionality in a cost-effective, cloud-based system that satisfied our operational and risk requirements from front to back. Additionally, Imagine's day-to-day support is excellent and very responsive."

Factorial now uses Imagine to manage a multi-asset portfolio that includes various equity, fixed income and volatility products. Specifically, Imagine is used as the internal booking and accounting system, interfacing directly with Factorial's fund administrator and prime brokers, as well as to provide portfolio and risk management functionality.
Angus Johnston, Head of Asia-Pacific Sales at Imagine, said, "Helping a distinctive client like Factorial go to market with a clear technological advantage is an honor for Imagine. It further reaffirms our reputation in the Asia-Pacific region, and we are happy to be a partner in Factorial's establishment and expected growth. We look forward to a long and successful relationship."

# # #

About Imagine Software

Imagine Software is a leading provider of real-time investment management solutions worldwide. Its flagship product, the Imagine Trading System, is a cross-asset trading, portfolio, and risk management system available as a cloud-based ASP solution or an enterprise application. Developed for alternative investment companies of all sizes, Imagine combines proven institutional-grade capabilities with comprehensive data management and automates key business processing services. A powerful blend of fast time-to-market, comprehensive functionality, and easy scalability makes Imagine a natural solution for new or rapidly growing businesses that need to satisfy ever-growing investor expectations while avoiding the resource commitments normally associated with enterprise-class systems.

Imagine Software serves thousands of users worldwide, ranging from major brokerage firms and banking institutions to hedge funds employing all major asset classes across any trading strategy. Imagine Software is one hundred percent owned by its four managing directors.

For more information, visit www.imaginesoftware.com, contact us at +1 212-317-7600, or follow us on Twitter and LinkedIn.

About Factorial Management Limited

Launched in January 2012, Factorial Management Limited is an Asian hedge fund manager based in Hong Kong. The company's flagship Factorial Master Fund focuses on bottom-up investing across equities, fixed income and volatility products, while hedging out macro risks.