SunGard's APT and The Nasdaq OMX Group (NASDAQ:NDAQ) today announced their existing risk analytics partnership has been extended to include the Nasdaq OMX Green Economy Indexes, helping portfolio managers explore the investment risk and opportunities associated with stocks in the Global Green Economy.
While the new family of green indexes from NASDAQ OMX provides an essential tool for stock selection, portfolio allocation and benchmarking, investors looking for more than a benchmark will be able to benefit from APT's risk analytics to assess opportunities in the growing 'Green' investment trend.
Through SunGard's APT, which provides risk modeling, reporting, risk attribution and scenario analysis capabilities, firms will be able to gain greater insight into NASDAQ OMX Green Economy Indexes, in turn helping enhance investment decision making. Free weightings and components for the NASDAQ OMX Green Economy Index family are now available to APT customers. In addition, select indexes are available in APT risk analysis reports.
John Jacobs, executive vice president, NASDAQ OMX Global Index Group, said, "As the global economy recovers, investors are focusing more on sustainable investments. NASDAQ OMX offers a complete family of indexes tracking the growing environmental and clean-energy sector, and we are delighted to extend our partnership with SunGard's APT to help buy-side investors better understand the risk and return trade-offs of their positions in Green Economy Index-related products."
Dr. Laurence Wormald, head of research of SunGard's APT business unit, said"Investors are demanding more transparency into the risks and exposures associated with any index or index-linked investment. SunGard's APT offers fast and flexible risk analytics that can help improve investment decisions by building more robust portfolios across asset classes, regions and investment styles."
SunGard's APT helps investment firms manage risk by providing models and reporting that include risk measures (such as portfolio tracking error, value at risk (VaR) and volatility), risk attribution and scenario analysis. This information will be updated automatically to provide analytics on a range of NASDAQ OMX indexes, including the gre green i indexes. To access the APT and NASDAQ OMX risk reports, visit www.sungard.com/go/apt/nasdaq. In addition, NASDAQ OMX and SunGard provide a subset of this information on their respective websites as a complimentary offering.
Combining the economic factors that power renewable and clean growth, NASDAQ OMX's comprehensive family of indexes covers the entire green economic landscape with constituents that are selected across all industry sectors participating in the green solution. At the head of the family is the all-inclusive NASDAQ OMX Green Economy Index (NASDAQ:QGREEN). Companies for the entire Green Economy Index Family are selected by Rona Fried, Ph.D. of SustainableBusiness.com, LLC. For more information about NASDAQ OMX's Green Economy Index Family, visit https://indexes.nasdaqomx.com/green.aspx.