20 August 2017
Find out more

Cor-RS releases asset allocation and 'know your client' compliance system

11 February 2004  |  2231 views  |  0 Cor-RS releases asset allocation and 'know your client' compliance system

UK-based COR Risk Solutions (COR-RS) has released BITA Star, an asset allocation system, aimed the private client investment market, that can also help firms comply with Know Your Client (KYC) regulations.

The vendor says BITA Star takes a workflow approach the helps investment managers identify clients' appetite for risk and return. This approach also helps firms comply with KYC requirements.

The product calculates a proposed asset class level allocation for clients, or for model fund based managers, and selects a model portfolio based on the client profile.

As private clients require high quality reporting and analysis, Bita Star also produces a comprehensive report pack, providing textual, tabular and graphical information on asset class allocations, risk and performance. These reports can be used to agree investment strategies with the client.

Simon Tizard, managing director, COR-RS, says: "We have worked very closely with a leading private bank to design and build Bita Star for the private client sector. Our pre-launch research indicates that the system offers unique functionality by combining institutional levels of investment sophistication within a specifically designed private client methodology."

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Cor STP teams with B2Bits for FIX 4.4 connectivity

Cor STP teams with B2Bits for FIX 4.4 connectivity

18 November 2003  |  2376 views  |  0 comments
Cor-IBS acquires Bancmetrics

Cor-IBS acquires Bancmetrics

19 September 2003  |  3289 views  |  0 comments
Abbey National implements Cor-IS platform for multi manager business

Abbey National implements Cor-IS platform for multi manager business

17 September 2003  |  3872 views  |  0 comments
Doral licenses Cor Financial's Paragon

Doral licenses Cor Financial's Paragon

24 July 2003  |  1982 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.worldpaymentsreport.comvisit www.niceactimize.comvisit www.dorsum.eu

Top topics

Most viewed Most shared
Mobile contactless spending accelerating in UKMobile contactless spending accelerating i...
9810 views comments | 23 tweets | 23 linkedin
Norwegian banks and startups form fintech clusterNorwegian banks and startups form fintech...
8320 views comments | 19 tweets | 23 linkedin
RBS to bring Silicon Valley to EdinburghRBS to bring Silicon Valley to Edinburgh
7889 views comments | 10 tweets | 7 linkedin
hands typing furiouslyWhy Is Risk Analytics Important?
7660 views 0 | 2 tweets | 1 linkedin
Barclays pairs banking data with third party apps for SmartBusiness DashboardBarclays pairs banking data with third par...
7146 views comments | 15 tweets | 13 linkedin

Featured job

Competitive
London, UK (or flexible)

Find your next job