Sophis

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Sophis
Type Private
Founded 1985
Headquarters Dublin, Ireland
Key people

Pascal Xatart
(CEO) Arnaud Vinciguerra
(Head of R&D)

Nicolas Roussel
(Vice President, Sales)
Products Financial Software Systems
Revenue 77 million (2008)
Employees 350
Website www.sophis.com

Sophis is an international information technology company, providing software systems to financial institutions. The company develops software solutions for the requirements of investment banks, asset managers, family offices, hedge funds, corporates and insurances . The solutions mainly support portfolio and risk management.[1][2]

History[edit]

Sophis was founded in 1985 by Hervé Vinciguerra and is headquartered in Dublin. Today, the Private Equity fund Advent International holds a majority stake in Sophis.[3]

The company developed its first software systems for the requirements of the convertible bonds and equity derivatives business, by providing market data, analytics, as well as portfolio and risk management. Over the years, the company has developed further systems, supporting all common asset classes such as equities, fixed income, foreign exchange and commodities and other forms of combined financial products such as structured products and hybrids.[4]

The software systems support all activities within a financial institute: Front office, Middle office and Back office activities.[5] This approach is called “Straight-Through-Processing” (STP) and enables the entire processing of any transaction that has been conducted.[6]

Sophis has a global presence with 15 local offices, offering sales services and client support (New York, São Paulo, London, Dublin, Paris, Frankfurt, Munich, Zurich, Milan, Dubai, Singapore, Seoul, Hong Kong, Beijing, Tokyo, Sydney).

Sophis serves over 5,000 users in 130 financial institutions with its three solutions: RISQUE, VALUE and iSophis.[7][8]

In 2011, Sophis was bought by Misys and is now called Misys Sophis as a consequence of the resulting merger.

Software Systems[edit]

RISQUE responds to the specific requirements of the financial industry sector that comprises brokers and investment banks. The software provides tools to traders, financial engineers, quantitative analysts, risk managers as well as Middle and Back Office personnel.[9]

VALUE responds to the specific requirements of the financial industry sector that comprises asset managers, hedge funds and family offices. The software provides tools to portfolio managers, risk and compliance managers as well as Middle and Back Office personnel.[10]

iSophis is a web-based application, a so-called ASP solution (Application service provider), offering risk management reporting services to hedge fund managers.[11]

Clients[edit]

Sophis serves over 5,000 users in 130 financial institutions: Arqaam,[12] AXA,ABNAMRO, Banco Santander, Bank of China, Barclays, BNP Paribas, Boussard & Gavaudan AM, BTG, Calyon, CCR AM, EFG FP, HSBC, Hudson Bay Capital, ING Group, Jabre Capital Partners, KBC Bank, Kookmin Bank, Natixis, OFI, QIC,[13] Rabobank, Robeco,[14] Royal Bank of Canada, Shinhan Bank, Standard Chartered,[15] SuttonBrook Capital, UniCredit etc.

References[edit]

  1. ^ "Advent International - Technology". Advent International. Retrieved 2010-01-21. 
  2. ^ "Capterra - Software Spotlight". Capterra. Retrieved 2010-01-21. 
  3. ^ "Finextra - News". Finextra. Retrieved 2010-01-19. 
  4. ^ "Sophis Corporate Website - Corporate". Sophis. Retrieved 2010-01-20. 
  5. ^ "Capterra - Software Spotlight". Capterra. Retrieved 2010-01-21. 
  6. ^ "InvestorWords - Glossary". InvestorWords. Retrieved 2010-01-19. 
  7. ^ "Sophis Corporate Website - Offices". Sophis. Retrieved 2010-01-21. 
  8. ^ "Sophis Corporate Website - Home". Sophis. Retrieved 2010-01-21. 
  9. ^ "Bobsguide - Middle and Back Office Solutions". Bobsguide. Retrieved 2010-01-19. 
  10. ^ "Bobsguide - Middle and Back Office Solutions". Bobsguide. Retrieved 2010-01-19. 
  11. ^ "Bobsguide - Middle and Back Office Solutions". Bobsguide. Retrieved 2010-01-19. 
  12. ^ "Arabian Business - News". Arabian Business. Retrieved 2010-01-21. 
  13. ^ "Financial Standard - News". Financial Standard. Retrieved 2010-01-21. 
  14. ^ "Bobsguide - Press Release". Bobsguide. Retrieved 2010-01-21. 
  15. ^ "A-team - Insight". A-team. Retrieved 2010-01-21. 

External links[edit]