12 December 2017
visit www.avoka.com

Fourth Swedish National Pension Fund implements VPD software

18 January 2008  |  2270 views  |  0 Source: VPD

The Fourth Swedish National Pension Fund manages about SEK 207 billion of pension assets on behalf of Swedish citizens.

The mission is to act as a buffer fund and financing source in the Swedish national public pension system. The aim is therefore to invest capital in such a way as to provide the best long term return for the public pension scheme as a whole.

Based on the requirements to effectively link systems for performance measurement and attribution with the extensive risk models provided through BarraOne, VPD has developed a flexible solution to automate complex transfers of data to and from BarraOne including data quality checks. The sources of data will be different for each client, and therefore the system is built to integrate seamlessly with any modern system or database.

The software, VPD BarraOne VSI, is now available as part of the product VPD Risk & Performance, and can support clients in automating the data management for risk and performance purposes taking full advantage of the risk models in BarraOne, and integrate with in-house data in accounting, portfolio and other systems.

"The solution is designed to exactly match our requirements", says Göran Schubert, Head of Risk Control, The Fourth Swedish National Pension Fund. "As we are advanced users of risk data, we find this software from VPD an optimal solution to meet our extensive data management requirements."

"As the use of BarraOne is widely accepted and provides clients with decision support and risk measurement and reporting, we believe many of our clients will experience increased productivity and reduced operational risk from utilising the software. It is essentially a tool for straight through processing of portfolio and risk data", says Johan Lundman, Managing Director at VPD Financial Software Consulting Ltd.

Comments: (0)

Comment on this story (membership required)

Related blogs

Create a blog about this story (membership required)
visit www.response.ncr.comvisit www.atos.netvisit www.aciworldwide.com

Who is commenting?

Top topics

Most viewed Most shared
Revolut lets customers buy Bitcoin, Litecoin and EthereumRevolut lets customers buy Bitcoin, Liteco...
18682 views comments | 26 tweets | 22 linkedin
Saxo Bank's 'Outrageous Prediction': Bitcoin to peak at $60k next year before spectacular crashSaxo Bank's 'Outrageous Prediction': Bitco...
11599 views comments | 7 tweets | 7 linkedin
Deutsche Bank paper hails 'huge' blockchain potentialDeutsche Bank paper hails 'huge' blockchai...
8164 views comments | 15 tweets | 21 linkedin
Santander UK poaches Barclays innovation chief Michael HarteSantander UK poaches Barclays innovation c...
6879 views comments | 8 tweets | 17 linkedin
Alior Bank to use Open API platform and accelerator to create fintech marketplaceAlior Bank to use Open API platform and ac...
6265 views comments | 19 tweets | 10 linkedin

Featured job

to £70K base, £105K ote, benefits
London, UK

Find your next job