Duet Asset Management, a global alternative asset manager, announced its newly formed commodities fund will use Imagine Software's real-time analysis and risk management platform.
The company, which has more than $2.4 billion in equity under management, said Imagine's platform will enable the Duet Commodities Fund to quickly adapt to changing market conditions in the highly complex liquid derivatives market. Duet added that the third-party risk management Imagine Software will provide is essential for protecting its client's capital.
"The top reason we selected Imagine was their ability to deliver robust risk management capabilities via cloud technology," Tony Hall, the chief investment officer at the Duet Commodities Fund said in a statement. "When I am with clients and investors, I access Imagine and show them our risk parameters in real time. I can even perform shocks to show them what would happen if the market were to move in one direction or another."