Imagine Software and Quality Risk Management & Operations have entered into a collaborative agreement to provide Hong Kong-based Lotus Asset Management with a comprehensive risk management and front-to-back business process.
Imagine’s software and Quality Risk Management & Operation’s (QRMO) regional consulting expertise will enable Lotus to migrate smoothly from a legacy spreadsheet-based environment to a robust, institutional-grade infrastructure.
Lawrence Lai, a director at Lotus, said: Our experience in trading OTC equity derivatives proved the necessity for robust and scalable software and processes. Our growth objectivesplus the need to offer and support the strategy diversity today’s investors demandmandated an integrated, real-time portfolio, risk, and back-office approach. A collection of piecemeal solutions was not realistic in terms of overall capabilities, cost, and support requirements.