7orca Asset Management (7orca) is now live on IHA Markit’s order management and portfolio modelling solution, thinkFolio.
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 focussed 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 EUR1.5 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 modelling, cash management and order management for its clients’ portfolios and to connect electronically to FIX trading venues for execution. The asset manager is thinkFolio’s first locally domiciled German client and the solution is now proven to deliver the robust levels of compliance, security and audit required by local market regulations.
“We’re delighted to be working with 7orca as the firm embarks on a new phase in its growth,” says Spiros Giannaros (pictured), global head of thinkFolio and EDM at IHS Markit. “The implementation of thinkFolio has helped to significantly reduce operational risk and improve efficiency across 7orca’s investment management process. thinkFolio will also enable the firm to scale, as it adds new institutional clients or expands into new asset classes or strategies.”