New York hedge fund Victus Capital is installing SunGard Trading and Risk Systems' portfolio and risk management software Panorama.
Victus Capital will use Panorama for desk-level risk analytics, sensitivities, scenarios and stress tests, along with simulation-based value-at-risk across the enterprise.
SunGard says Panorama's real-time functionality will enable users to manage positions and monitor risk parameters and trading limits in real-time.
The system provides an infrastructure to help firms consolidate risks and exposures across all strategies and supports all asset types used in multi-strategy funds, from high volume exchange traded products to convertibles to fixed income and all derivatives.
Shad Stastney, chief operating officer of Victus, says: "With Panorama we hope to improve enterprise-wide risk management with increased automation and operational efficiency. We chose Panorama over a number of other systems because of its easily extendable cross-asset and multi-strategy support."
Victus also uses the vendor's Monis product for the valuation of convertible bonds and FIX engine for trade capture.