Wall Street and Technology – One of the surviving prime brokers, J.P. Morgan, announced today that it’s jointly offering with Sophis iSophis, a software solution that can help assess and manage risk across multiple brokers. Sophis’ platform evaluates product performance across a hedge fund and considers volatility, interest rates, agency ratings and other factors in its risk calculations.
iSophis intended to help hedge funds calculate and manage risk across multiple prime brokerage relationships.
“We offer the possibility to visualize the VAR and analyze all the factors contributing to the VAR,” says Samer Bollouk, global head of product management and business development.
