NorthPoint and CurAlea team on risk offering for hedge funds

Source: NorthPoint

NorthPoint, a leading technology consulting and systems integration firm for the buy-side, has partnered with CurAlea Associates LLC ("CurAlea"), a leading hedge fund risk advisory firm, to offer RiskSuite, an automated yet fully-customizable, integrated risk solution for hedge funds.

RiskSuite has been successfully deployed at several hedge funds and provides an automated and fully customizable solution for risk measurement, assessment, and decomposition at the portfolio and position level. It provides hedge fund managers with Value at Risk ("VaR") estimates, VaR decomposition, scenario analysis, stress testing, marginal contribution to risk analysis, beta analysis and decomposition, correlation analysis, liquidity and turnover analysis, and performance attribution. RiskSuite also delivers a comprehensive and rich set of reports and graphics for portfolio, risk, and business managers.

"With risk management at the forefront of our hedge fund clients' needs, they are looking for proven, easy-to-deploy risk solutions," said Joseph Amarante, Managing Partner of NorthPoint's Financial Services Practice. "The combination of NorthPoint's consulting and systems integration expertise and CurAlea's world-class risk advisory capability allows us to deliver quick and cost-effective risk solutions that can be fully integrated into virtually any hedge fund technology infrastructure."

"The partnership with NorthPoint allows CurAlea to deliver its customized hedge fund risk suite in a fully automated and cost-effective manner that is totally integrated into client front, middle, and back offices," said Seb Calabro, Co-Founder of CurAlea Associates LLC. "NorthPoint's technology and systems integration expertise allows CurAlea to automate its customized risk solutions and to focus on interpreting risk analytics in order to provide the best risk advice to our clients." 

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