Alberta Investment Management signs for DSTi's HiRisk
DST International (DSTi) announced today that Alberta Investment Management, Alberta, Canada, the investment operation of Alberta Revenue is taking HiRisk - DSTi's buy-side enterprise risk management solution - to model investment fund level and portfolio level risk for all asset classes, and to perform risk budgeting on behalf of their endowment fund and pension plan clients.
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Marcus Ansell, DSTi's US President, said, "DSTi is delighted Alberta Investment Management has selected HiRisk after such a rigorous multi-vendor review and due diligence process. Alberta Investment Management's sophisticated investment management process requires a risk solution with tremendous flexibility and comprehensiveness."
With three of the top six pension plans in Canada as clients, and now Alberta Investment Management as an investment manager servicing endowment fund and pension plan clients, DSTi's HiRisk has quickly established itself as the market's leading choice for buy-side risk management. HiRisk's best of breed what-if modelling tools, its ability to easily handle complex portfolio hierarchies, and its market leading proxy management capabilities offer clients complete control over their risk modelling and risk management process. Using the most current technology, HiRisk delivers open, flexible and exceptionally fast reporting. HiRisk's advanced technology delivers unprecedented flexibility and speed to access results in both intuitive dynamic interfaces and into databases and other files. HiRisk's technology and architecture results in a highly robust, scaleable application that can accommodate any size organization cost effectively.
Marcus Ansell adds, "DSTi's growth continues to accelerate in North America. The selection further confirms our product strategy to provide the best of breed applications, while at the same time offering these as highly integrated solutions. We welcome Alberta Investment Management as a client and look forward to working with them."