Tiden Capital’s Implementation of Quantifi Risk Wins American Financial Technology Award for Best Risk Analytics Initiative

December 8, 2010
  • Tiden Capital has received the 2010 American Financial Technology Award (AFTA) for Best Risk Analytics Initiative.
  • The AFTAs recognize industry excellence in the deployment and management of financial IT within the wholesale investment banking community

New York and London (8th December 2010) - Quantifi, a leading provider of analytics and risk management solutions to the global capital markets, announced today that Tiden Capital, a private investment company, has received the 2010 American Financial Technology Award (AFTA) for Best Risk Analytics Initiative. Hosted by Waters Technology, the AFTAs recognize industry excellence in the deployment and management of financial IT within the wholesale investment banking community. The AFTA award for Risk Analytics showcases the top class performance and innovation of new techniques for identifying and mitigating risks.

John Burkert, Managing Partner and Quantifi Risk user at Tiden Capital, commented, “We’re pleased to have been recognised for our risk management practices. Ever since we became a client in 2006, Quantifi has enabled us to remain at the forefront of risk analytics. By implementing Quantifi Risk, we have always stayed ahead of new instruments and strategies, even throughout the rapid evolution of the structured credit market. We have also been able to demonstrate to clients a solid infrastructure for efficiently and effectively managing and monitoring risk.”

 


 

"We have been able to demonstrate to clients a solid infrastructure for efficiently and effectively managing and monitoring risk."

John Burkert, Managing Partner Tiden Capital


 

Tiden Capital implemented Quantifi Risk to help support their complex investment strategy. Quantifi Risk is able to manage multiple funds simultaneously, model the underlying portfolio and aggregate the risk on those trades, as well as analyse individual trades using a robust set of reporting tools. Since the start of the relationship, Quantifi has helped Tiden become highly efficient by scaling and growing with minimal further investment in money and resources. “Quantifi Risk has allowed us to outsource our risk analytics platform which saves us time and money,” commented John Burkert.

Quantifi Risk is a turn-key trading and risk management system for OTC products. It provides next-generation valuation, trade processing, risk management, and interactive reporting. Easy to install and intuitive to use, Quantifi Risk provides an open, scalable system that automates the day-to-day valuation and risk management process. Based on our market leading models, Quantifi Risk delivers timely, accurate and comprehensive risk management.

“Tiden is a great example of how our clients are innovators in risk management by using Quantifi Risk,” noted Rohan Douglas, CEO of Quantifi. “With a commitment to research and development combined with close partnerships with our clients, Quantifi is consistently ahead of the industry in delivering leading solutions. This ensures our clients are always well prepared for market changes. We’re pleased that Tiden has been recognised for their usage of Quantifi Risk and congratulate them on winning this prestigious award.”

 


 

About Tiden Capital

Tiden Capital is a private investment company based in Durham, North Carolina. The firm specializes in relative value and corporate structured credit opportunities, including corporate cash bonds, CDS and CDS index tranche products. The firm was founded by John Burkert and Rex Goulding in March 2007 after launching the initial fund as part of a $1.4bb multi-strategy hedge fund in 2003.