AIMCo chooses FactSet for investment risk management

Source: FactSet

FactSet, a global provider of integrated financial information, analytical applications, and industry-leading services, today announced that one of Canada’s largest and most diversified institutional investment managers, Alberta Investment Management Corporation (AIMCo), selected FactSet as its investment risk management solution.

Driven by the convergence of risk and performance, increasing regulation, and more sophisticated investment strategies, FactSet has been expanding its multi-asset class (MAC) solutions for more than 20 years. With the recent launch of FactSet’s linear risk model and the integration of the Cognity fat tail approach acquired through the recent acquisition of BISAM, it now has one of the strongest MAC analytics, performance, and risk management offerings in the industry.

“To be considered world class in our approach to risk management, AIMCo required a partner that complemented our organization, and enabled us to focus on our core competency. By providing us a holistic platform that enables us to truly integrate risk management with portfolio management, while addressing market data management and operations, FactSet is that partner,” said Remco van Eeuwijk, Chief Risk Officer, Alberta Investment Management Corporation.

Following implementation by FactSet’s Professional Services Group, AIMCo will have access to FactSet’s award-winning solutions for risk management, portfolio analytics and investment research, as well as its industry-leading client service.

“This is an important win for FactSet, as it showcases the benefits of FactSet’s unified risk capabilities, which are a powerful combination of our strong multi-asset class risk offering advanced by the Cognity risk framework. Working with a market leader like AIMCo also reinforces our commitment to the Canadian market,” said Rob Robie, Senior Vice President, Global Head of Analytics Solutions, FactSet. 

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