Voras Capital Management, a recently launched hedge fund, has licensed Sophis VALUE for front-to-back office portfolio and risk management for its global trading operations. The system will support its planned strategy of investing in a wide range of distressed assets and making macroeconomic bets on currencies and other securities.

Voras will use VALUE as the firm's primary trading and risk management system. It should enable Voras to have a real-time view of its operations including pricing, position keeping, risk exposures, and data management.

"One of our main concerns in selecting a platform was finding a sophisticated solution that offered us the ability to manage complex instruments and asset classes across multiple geographic regions," said Philip Newcomb, COO, Voras Capital Management. "Sophis will enable us to implement a global IT backbone for our trading operations within our implementation timeframe. This will give us the confidence to know that as we focus on increasing returns for our clients, we have a robust and reliable technology infrastructure in place to both support our investment strategies and provide the transparency into our firm that our investors and regulators require."