QIC implements software platform

16 June 2009
| By Mike |

QIC has implemented the Sophis Value software platform, integrating a number of its existing systems and improving its data management and client reporting.

“For QIC, the implementation of Sophis Value will enhance the breadth and efficiency of risk management solutions tailored to meet the needs of our clients,” said QIC managing director Troy Rieck.

“This present crisis had demonstrated the need for a strong ongoing, risk management capability in all funds. Sophis Value will enhance the risk management activities presently undertaken by QIC, including stress testing and scenario analysis outcomes.”

Chief executive of Sophis, Paul Xatart, said the company would use QIC to launch its growth strategy in the Australian market.

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