20 September 2017
Visit http://response.ncr.com

GlobeOp extends risk product coverage

12 May 2009  |  2000 views  |  0 Source: GlobeOp Financial Services

GlobeOp Financial Services (LSE:GO.) has extended its proprietary risk services, metrics and reports to provide more in-depth portfolio risk data to fund and risk managers, investors and managed accounts.

The latest suite of enhancements were primarily developed and implemented in response to specific fund client requirements and new market opportunities, and are now available as part of GlobeOp's overall Risk services.

"Independent verification, timeliness, scale and customization are now the key risk reporting drivers for front office fund managers and investors alike," said Tony Glickman, global head of GlobeOp Risk Services.

"Increasingly, both fund managers and their investors are demanding that risk reports be produced from the same independently-reconciled trade and position data the administrator uses to calculate the fund's net asset value (NAV). These latest risk products and metrics increase a managers' ability to independently confirm to investors that agreed investment style, risk profiles and limits are being adhered to, without revealing strategic trades or opportunities. Managed accounts benefit from independently-verified position and NAV-related risk data aggregated across all accounts into a single daily report. It's a seamless integration between the fund's official, independently-calculated books and records and its risk reporting and analytics."

Extended product coverage spans a wide variety of complex instruments, including caps and floors on constant maturity, commodity, Fed funds, inflation and total return swaps; and options on single-name and index credit default swaps.

Risk analytics have also been significantly expanded. GoRisk Report's Value-at-Risk (VaR) analytics now include the calculation and reporting of conditional, incremental and marginal VaR, using both historical and Monte Carlo simulation. Clients can report worst loss and expected shortfall measures for incremental VaR, and risk factor-based conditional and marginal VaR. Marginal and conditional VaR measures for volatility risk factors are also available.

GoRisk Report services include position and exposure reporting, pre-trade scenario analysis, customizable stress tests, and VaR calculations with flexible parameters. Risk services can be integrated into GlobeOp's full-service fund administration or provided as a standalone service, including to managed accounts. Reports are delivered online daily and can be customized to specific manager or investor requirements. Users are able to drill down to position-level results, with managers determining the degree of investor access to data

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
download the paper nowvisit www.vasco.comvisit www.sibos.com

Who is commenting?

A Finextra member Finextra Member Commented on: The C-Suite Challenges...
A Finextra member Finextra Member Commented on: Dutch bank sentences t...

Top topics

Most viewed Most shared
JPMorgan Chase chief says he would fire traders dealing in bitcoin for stupidityJPMorgan Chase chief says he would fire tr...
10582 views comments | 16 tweets | 29 linkedin
Equifax hack: Visa and Mastercard flag 200k compromised credit cardsEquifax hack: Visa and Mastercard flag 200...
10226 views comments | 6 tweets | 17 linkedin
HSBC switches on selfie payments in ChinaHSBC switches on selfie payments in China
10171 views comments | 21 tweets | 39 linkedin
Dutch bank sentences teenage DDoS culprit to community serviceDutch bank sentences teenage DDoS culprit...
9095 views comments | 6 tweets | 3 linkedin
UAE banks pool cyber security dataUAE banks pool cyber security data
7566 views comments | 5 tweets | 4 linkedin

Featured job

A minimum of £200K (not a limiting factor)
London

Find your next job