The investment firm boosts its risk management offering for its clients.
QIC has appointed Sophis Value in a bid to integrate a number of existing systems that provide data management and client reporting.
The appointment follows a global search by QIC. QIC will become Sophis Value's first Australian clients.
As well as system integration the software will provide risk management solutions to QIC clients.
"The present crisis has 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," QIC capital markets managing director Troy Rieck said.
QIC is an institutional manager with $65 billion in funds under management.
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