Hedge funds get an app store

Opalesque – New York-based, portfolio technology provider, Imagine Software has launched the Imagine Financial Platform (IFP) and the Imagine Marketplace. Together, the solutions provide a portfolio management platform for financial professionals in addition to an App Store-like marketplace for fund professionals to access and build applications for their portfolios and strategies.

The Imagine Financial Platform leverages the full set of capabilities native to Imagine including its analytics and rich data universe to allow for the creation of apps that fulfill business needs in areas such as regulatory requirements, compliance, portfolio performance and monitoring, workflow automation, and reporting. Apps developed using IFP can be as simple as a pricing calculator or as complex as a comprehensive margining system and can be implemented in days rather than months.

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