Rocaton Investment Advisors, LLC (Rocaton), a full service, independent investment advisory consulting firm, today announced that it has adopted RiskFirst's award-winning PFaroe web-based platform to help clients better analyze and manage pension plan risk.
Rocaton is the first investment advisory consulting firm to utilize the platform in the U.S. Rocaton currently has approximately $400 billion in assets under advisement for clients, including defined benefit and defined contribution retirement plans, healthcare and insurance companies, endowments and foundations, financial intermediaries, and private wealth clients.
RiskFirst is a market-leading risk analytics provider in the U.K., which, through its partnership with Winklevoss Technologies LLC, is gaining a growing foothold in the U.S. Its core product, PFaroe, is a real-time, web-based valuation, analytics and reporting platform designed to help risk managers gain deeper insights into their risk exposure across multi-asset portfolios and master regulatory complexity.
"Rocaton prides itself on a tailored approach with our clients, designing investment portfolios to reflect their specific objectives based on robust modelling of market risk and return expectations. We are excited to leverage the advantages of PFaroe's asset, liability and risk analytics, which gives a holistic view of clients' plans built on a robust analytical framework," said Joe Nankof, Consultant and Partner at Rocaton, in commenting on the announcement. "We're confident that PFaroe will enhance the dialogue we have with our clients and enable them to implement decisions more effectively by directly accessing real-time reporting and enhanced analytical capabilities."
Benjamin Reid, President of RiskFirst, said, "We are delighted to have Rocaton on board as the first major U.S. investment consultancy to adopt our PFaroe platform. In today's more complex and ever-changing asset allocation and risk management landscape, we are witnessing increased demand for quality and consistent risk analytics delivered in an easy-to-use format. As a result, PFaroe is now establishing a growing presence in the U.S."
Nankof added, "As an independent firm, Rocaton has the freedom to explore tools offered by the marketplace which can augment our internal capabilities to better advise and serve our clients. We are delighted to be one of the early-adopters in the U.S. of RiskFirst's innovative technology."