Northern Trust has enhanced its online risk and performance tools for investment manager and institutional investor clients with the inclusion of new tools to deliver risk attribution and Value at Risk (VaR) information.
The new tools provide an integrated view of historical risk and performance information for additional interpretation, comparison and perspective, including ex-post, or historical calculations, which will supplement Northern Trusts existing ex-ante, or forecasted, capabilities.
Ian Castledine, Global Head of Investment Risk product, for Asset Servicing, at Northern Trust, said: Clients are increasingly looking for detailed analysis of the sources of their portfolio risk, and these latest enhancements are part of Northern Trusts continuing strategy to provide an integrated set of ex-post and ex-ante risk and performance capabilities.
The ex-post VaR capability calculates reports on historical risk measures using a range of confidence levels, enabling clients to focus on the tails of the portfolios return distribution.