Key Takeaways
- Leading firms including Arini, Selwood Asset Management and Sona Asset Management rely on Quantifi to support complex credit strategies. While sell-side institutions such as Nomura use the same models to price and explain structured credit trades.
- Quantifi is built specifically for complex credit. The models are consistent across products, robust and validated by the market.
Why generic platforms struggle with real credit portfolios
Most platforms were not built with hedge fund credit strategies in mind. They were designed for vanilla instruments and simpler strategies.
Within these systems structured products are simplified, optionality is treated inconsistently across instruments and single-name risk embedded within structures is difficult to extract. Scenario analysis works in theory but becomes fragile in practice once portfolios grow. The issue is not a lack of features; it is a lack of coherence at the model level.
Funds respond by filling the gaps themselves. Internal spreadsheets proliferate. Parallel models are built to “fix” edge cases. Over time, the analytics stack becomes harder to trust precisely when strategies become more sophisticated.
Quantifi provides best-of-breed models ranging from vanilla product pricing to correlated-stochastic-recovery CDO calibration and pricing. These validated models provide stable, fast and accurate results.
Why leading credit hedge funds trust Quantifi
As Jeysson Abergel, Head of Trading and Cross-Asset Strategy at Arini, explains:
“We selected Quantifi because of its deep understanding of fixed income and credit markets. With Quantifi, we have access to market-leading analytics that are flexible and scalable. One of the key benefits is the ability to call Quantifi from Python. This makes it easy for us to extend the high-level functionality of the model library, which gives us an array of manipulation capabilities to perform advanced analysis. Quantifi allows us to make optimum use of our time and skills and gives us a strong foundation to drive the growth of our investment strategy.”
Founded in 2022 by Hamza Lemssouguer, Arini is a specialised alternative asset manager focused on European credit markets. Quantifi’s enterprise solution was a clear choice for Arini, as the fund was already using Quantifi’s analytics, which had proven to be effective for their investment needs.
A clear path from analytics to full infrastructure
Quantifi gives funds the freedom to start where they are, without boxing them in later. Many teams begin with the Excel add-in or the model library, embedding Quantifi directly into their existing workflows. Crucially, that choice doesn’t create a fork in the road. If and when a fund needs a full PMS or risk system, Quantifi provides an enterprise platform built on the same underlying models. For funds thinking long-term, that continuity is powerful: it removes migration risk and preserves trust in the analytics as the organisation scales.
Future proofing your fund
Founded in 2015 by credit specialist Sofiane Gharred, Selwood has partnered with Quantifi for over a decade, since the launch of its flagship fund.
Quantifi has been used for all subsequent fund and advisory mandates and it remains their platform of choice for future expansion with traditional as well as private credit and specialist credit opportunities.
That kind of longevity is telling. As Bechir Daoud, Portfolio Manager at Selwood, notes:
“In the 10 years we’ve been working with Quantifi, product coverage has more than tripled. This has given us access to new functionality and expanded our focus on credit and asset class support.”
A reliable partner when launching a new fund
“We would definitely use Quantifi again, from launch through to where we are today and for our future plans for growth,” commented Malcolm Butler, COO, Selwood Asset Management.
Similarly, when launching a new strategy, Sona Asset Management selected Quantifi. Its third-party risk infrastructure lacked the functionality to fully support complex structured credit; not being able to produce single-name sensitivities in structured products and hedging those individual names was a key obstacle.
“We lacked the functionality required for structured credit, so decided to delay the launch of a new strategy. Quantifi’s capabilities addressed our specific needs and paved the way for the successful implementation of our structured credit strategy,” commented Justin Tamaye, Chief Risk Officer, Sona Asset Management.
Market-validated models
The complex nature of structured credit products makes pricing and valuation challenging tasks. For firms investing in these products, cutting-edge analytics that can accurately model complex deals and provide independent valuation and risk management capabilities are critical. Quantifi was selected for its market-leading analytics, technical flexibility and high-performance computing.
A growing number of Nomura’s buy-side clients leverage Quantifi. Using the same software, Nomura traders and structurers can help their clients model structured credit and better explain how they themselves are pricing trades.
“Quantifi is the only provider with proven experience in the structured credit markets. With Quantifi, we have access to sophisticated models that match the market. Participants in the credit markets from investors to dealers are always looking for solutions that will give them an edge over their competitors. We have been impressed with Quantifi’s ability to remain at the cutting edge of pricing complex securities,” comments Sukho Lee, Executive Director, Structured Credit Trading, Nomura.
This level of trust comes from models that have been tested repeatedly in real market conditions.
What this says about Quantifi’s analytics
Quantifi has an analytics engine built specifically for complex credit strategies. Funds rely on Quantifi because the models are deep enough to handle complex credit and the calculations remain consistent across products and scenarios. Just as importantly, the results are trusted, internally by investment teams and externally by dealers.
There is no attempt to hide the mathematics behind layers of presentation. The emphasis is on correctness, consistency and credibility.
When multiple sophisticated funds independently choose the same analytics foundation and continue to build on it for years, that tells you something important. Quantifi has become the analytic standard for funds that trade credit seriously because the models continue to hold up as strategies, portfolios and markets evolve.