Chinese Asset Manager Takes Sophis VALUE

corinnegrilletsophis
Corrine Grillet, Sophis

China Reinsurance (Group) Corporation's buy-side unit, China Re Asset Management Company, has contracted Sophis to implement the vendor's Sophis VALUE trading, portfolio and risk management system.

Sophis claims that the China Re Asset Management Company (CRAMC) deal is the first of its kind for a Chinese insurer adopting a straight-through-processing-enabled investment management system. Corrine Grillet, chief operating officer of the vendor's Asian operations, cites VALUE's flexibility and

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