Sophis signs first Australian buy-side client

According to Troy Rieck, managing director of QIC's capital markets division, the manager sought a third-party platform with the intention of significantly reducing operational risk exposures, re-engineering business processes in order to gain operational efficiencies, and adding capacity to handle future growth in terms of both a larger client base and more complex investment mandates.

"It's a big investment by QIC, but we wanted a system to cover a wide range of asset classes and financial inst

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