Intermediate Capital Group (ICG), a UK-based asset manager with EUR13.7bn in AuM, has chosen Quantifi, a provider of analytics, trading and risk management software, to support new investment strategies and growth across new asset classes.

Under the partnership, Quantifi will support ICG to enhance performance, strengthen risk and improve operational controls as well as satisfy ICG’s need for accurate, transparent analytics and detailed reporting.

Quantifi provides cross-asset trading, front-to-back operations, position management, market, credit, counterparty and liquidity risk management, margining, and regulatory reporting all on a single integrated real-time PMS/OMS platform

Roland Jordan, head of EMEA sales at Quantifi, said: "Asset Management firms operate in an increasingly complex, multifaceted and fast changing environment, therefore, the ability to better understand the relationship between risk and return is important.

"Our blend of fast, new technology with mature functionality positions Quantifi as the natural solution for buy-side firms," added Jordan.