The Client
Sona Asset Management is an institutional alternative asset management firm that specialises in investing across the credit spectrum with a primary focus on European markets. Sona seeks to generate positive, uncorrelated returns in all markets and puts emphasis on capital preservation and outperformance at times of stress.
The Challenge
Sona initially delayed the launch of a new structured credit strategy because their existing system lacked the functionality to fully support complex structured credit. Another challenge was not being able to accurately model credit options and calculate sensitivities to volatility moves at different tenor points.
Why Quantifi?
- Advanced pricing & risk tools for structured credit
- Seamless transition from Excel to scalable risk solution
- Enhanced strategy execution & portfolio growth
“Quantifi XL provided us with a solid starting point for launching our new strategy. As our strategy began to expand and evolve, upgrading to Quantifi’s Risk solution was the logical next step. The transition addressed the growing complexity of our operations and enhanced our risk management capabilities.”
Justin Tamaye, Chief Risk Officer, Sona Asset Management
The Results
As their portfolio grew, this highlighted the need for a robust, scalable cloud-based risk solution and Sona upgraded from Quantifi XL to Quantifi’s Risk Management solution. Quantifi now provides Sona with an enterprise-grade risk management solution with analytics benchmarked against the standard of tier 1 investment banks and leading credit funds.
Download the full case study to see how Sona bridged the gap in their third-party risk solution and then enhanced their risk infrastructure with Quantifi.
