German asset manager 7orca Asset Management AG has expanded its use of IHS Markit’s ThinkFolio solution to include its order management and portfolio modeling solution.
Formed in 2017, 7orca is an independent German asset manager that has been using thinkFolio for over a year to support its currency overlay and short volatility investment strategies for institutional clients.
“Since establishing 7orca, we have focused on providing our clients with a quantitative investment process to actively hedge currency risks,” says Jasper Duex, CIO at 7orca Asset Management. “We have configured thinkFolio to support this FX overlay strategy while also allowing for other workflows to support strategies such as short volatility. Given the flexibility of thinkFolio, we’ve easily integrated it into our internal proprietary processes and software architecture to form a powerful management tool that meets clients’ individual requirements. With €1.5 billion AUM accumulated in our first 12 months, we’re looking forward to growing the business further in 2019 with thinkFolio as a core part of our technology infrastructure.”
ThinkFolio enables 7orca to perform portfolio modeling, cash management and order management for its clients’ portfolios and to connect electronically to FIX trading venues for execution.