Gravitas Technology, Inc. has released a new Operational Risk Assessment application for hedge funds.
The Gravitas Technology product offering helps fund managers to create a strategic blueprint and tactical implementation road map to address the investment/operations servicing gap.
The application is designed for hedge funds of all sizes and strategies that are looking to better align the capabilities of their operational teams in supporting the investment process and mitigate operational risk factors.
“The hedge fund sector faces a myriad of issues including institutional growth, globalisation, growing sophistication in product complexity, increased assets under management, as well as increased regulatory and compliance requirements,” says Jayesh A. Punater, president and CEO of Gravitas Technology. “All of these forces combine to create friction points where operational processes are lagging business growth and the fund manager needs to manage and mitigate risk.”