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Press release: for immediate release
Henderson chooses Xenomorph for enterprise-wide derivative risk management
London, England, 27 March 2002.
Henderson Global Investors has selected Xenomorph to deliver enterprise-wide risk management of derivatives across its wide range of investment products. The flexibility to incorporate any instrument and the easy integration of pricing models were the principal reasons that Henderson chose Xenomorph systems for its global sites.
Simon Stratford, global director of IT at Henderson said, “Xenomorph provides a platform that supports Henderson's derivative investment management and increases confidence in a tightly risk controlled environment.”
Brian Sentance, managing director of Xenomorph said, “There is a growing demand from asset management companies to capture risk exposure for a diverse product range. It is easy to incorporate any kind of financial instrument into the proprietary Xenomorph Database and Henderson has taken advantage of this with its wide range of asset classes including structured products, hedge funds and institutional mandates. Model integration is also very straight forward with the Xenomorph system's tool kit, Model SDK, and to calculate risk numbers for Henderson, FinancialCAD's FinCAD Analytics have been integrated. At Xenomorph, we are pleased to be working with Henderson in a mission-critical capacity.”
About Xenomorph
London-based Xenomorph, founded 1995, is a leading provider of trading, risk management and technology solutions to the financial markets industry. Xenomorph has asset management companies, hedge funds and investment banks as clients, in all the main financial centres of the world. Xenomorph provides complete solutions, systems and financial applications built on its expertise in high performance data analysis technology.
About Henderson Global Investors
Henderson Global Investors is a leading investment management company, and a subsidiary of AMP. It provides a wide range of investment management services to institutions and individuals around the globe including Europe, Asia Pacific and North and South America. Henderson employs 1,600 staff and manages 103 billion (as at 31/12/01) in funds for retail and institutional investors worldwide across all major asset classes.