Suncorp Investment Management has signed a contract to integrate DST International’s (DSTi) risk management solution, HiRisk, into its Australian operations.
Suncorp Investment Management will implement HiRisk across its investment portfolios, which includes Australian equities, Australian fixed interest, International equities and fixed interest, listed property trusts and cash. HiRisk will introduce a common and consistent approach to measuring risk across these asset classes to improve the reporting and communication of risk.
This is the first Australian fund manager to implement HiRisk and incorporate a value at risk approach into it’s investment management process.
HiRisk is an enterprise wide risk management solution designed for Discretionary Funds, Hedge Funds, Super Funds, Mastertrusts, Wraps and High Value Wealth Portfolios across all asset classes.
HiRisk delivers a risk budgeting environment for optimized portfolio construction, supporting a total quality control approach throughout the investment process. The Event Simulation Model (ESM) is a full valuation approach to enterprise and portfolio risk. HiRisk uses scenario-based analytics, allowing users to drill down from summary risk measures into their underlying components. The ESM methodology eclipses alternative “black box” methodologies by revealing the sources of risk. Both enterprise and portfolio level risk management is facilitated by risk measurement that is transparent and actionable.