TT International, a London-based investment manager with $18bn assets under management, has implemented SunGard's APT, a leading risk management, portfolio construction and optimization solution for buy-side institutions.
TT International manages both long/short and long only funds. APT's multi-factor models, transparent methodology, intuitive interface and broad coverage will help TT International to enhance its risk management infrastructure. It will also assist TT International's delivery of stress testing and risk and performance attribution information across the business, so that risk can be analyzed, understood and communicated across markets, products and functions.
TT International provides customized reports for a range of needs, from reports for its portfolio managers and UCITS reporting, to daily reports to clients and company stakeholders. APT's risk analysis and multi-asset class risk reporting functionality is tightly integrated with TT International's existing systems to achieve a scalable straight-through risk management process. This has helped TT International gain improvements in both transparency and operational efficiency.
James Everett, head of risk at TT International, said, "SunGard APT's workflow allows us to integrate back-office risk reporting with middle- and front-office portfolio and risk management functions, helping us to capture a 360 degree view of risk. This gives us the opportunity to enhance our management and hedging of risk. In addition, APT's broad model coverage provides superior granularity for the markets we invest in."
Ettie Takacs, chief operating officer of SunGard's APT business unit, said, "In challenging market environments, investment managers want user-friendly, intuitively-designed risk management tools that show the connection between risk and the bottom line. SunGard's APT provides a practical solution for investment firms taking an intelligent and integrated approach to market risk management."