Linedata, a global solutions provider to the investment management and credit industries, and Riskdata, a risk-management solutions provider, have formed a global partnership to integrate Riskdatas risk-analytics functionality with Linedatas Beauchamp portfolio management solution.
Initially offered to Linedatas hedge fund clients, the new offering will provide two packages. The first is an end-of-day risk reporting service, including pre-defined reports and covering VaR, exposure, stress tests and other risk indicators. The second is for providing interactive risk analysis with dynamic risk views displaying risk allocation by strategy and other position attributes. This package also provides the ability to run instantaneous what-if simulations enabling portfolio managers and the front office to re-evaluate risk on their portfolios prior to trading.
We know from our hedge fund clients that the measurement and analysis of risk is an important part of their technology strategy; today, both investors and regulators require it, says Ed Gouldstone, Linedatas head of Hedge Fund Products Strategy. Partnering with Riskdata allows us to provide our clients with the tools to satisfy their increasing external risk requirements, while at the same time giving them the ability to manage risk intra-day through the scenario and what-if analysis offered by Riskdata. By integrating Riskdata into our Linedata Beauchamp technology framework, we are able to offer our customers cost-effective, fully-integrated risk, without the burden of taking on the complex integration and data management requirements of a multi-asset risk solution.
Olivier le Marois, CEO of Riskdata, adds: Post-2008 markets require extensive deployment of risk-management procedures to address investors and regulators demand for tighter controls and systematic pre-trade risk analysis. By equipping Linedatas portfolio-management platform with Riskdatas interactive, regulation-compliant, scalable risk technology, we provide investors with a straightforward cost-effective way to meet todays market challenges.
(CG)