Wed, Mar 29, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Gravitas launches Risk-as-a-Service for emerging to mid sized hedge funds

Wednesday, June 05, 2013
Opalesque Industry Update - Gravitas, a co-sourcing platform providing cloud technology, collaborative outsourcing, risk analytics and research support to the alternative investment industry, has announced that it has chosen the IBM Risk Analytics engine to provide Risk-as-a-Service for emerging and mid-sized hedge funds.

As part of its Risk Reporting Plus and Risk Co-Sourcing services, Gravitas risk analysts will utilize IBM’s risk technology to offer advanced analytics, modeling and custom reporting to help hedge funds meet regulatory requirements, support better investment decisions, and assist with the mitigation of unintended sector-industry concentration and secondary risks at both the fund and enterprise level.

Through Gravitas’s risk service, hedge funds can take advantage of IBM’s ability to model market, credit and liquidity risk on multiple asset types and create custom scenarios to assess the risk impact of market events and new trades across their portfolios and broader business - all supported by experienced Gravitas risk analysts. “The Gravitas Risk platform has evolved into an extremely robust, Risk-as-a-Service offering for the alternative investment space,” said Jayesh Punater, Founder and CEO of Gravitas. “With IBM Risk Analytics as a core part of that offering, we are positioned to provide clients with high quality risk expertise, either as a service or as part of a co-sourced model staffed by dedicated risk personnel.” Punater added, “IBM’s risk engine allows Gravitas to extend our risk services by providing highly customized risk reports for an accurate and reliable view of exposure, risk and performance at the portfolio, manager, strategy and enterprise levels. Funds benefit from customized reporting, spanning all asset classes, while retaining the level of control they require.”

“The explosion of data, and the ability to integrate, analyze and derive insight from it through analytics technology, are providing new business opportunities for financial services firms to drive profitability and differentiate their business,” said Dr. Andrew Aziz, Director, Risk Analytics, IBM. “Gravitas’s sophisticated risk requirements have allowed us to showcase the customization capabilities of IBM Risk Analytics. These include providing granular modeling at the instrument level, developing other custom instrument models and scenarios, and providing broad instrument coverage. Our clients know that with IBM Risk Analytics on-cloud, they have one risk framework that can meet the needs of many users across their enterprise.” The Gravitas Co-sourcing PlatformTM provides buyside alternative asset managers with the flexibility to consume technology, investment operations, risk and research either as a service or as part of a unique outsourced solution encompassing people, processes and technology.

Press release

bc

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Opalesque Exclusive: FS Investments launches energy fund[more]

    Bailey McCann, Opalesque New York: $19 billion Philadelphia-based FS Investments has launched a new interval fund which will invest in energy. The FS Energy Total Return Fund is the firm's first closed-end interval fund and will invest opportunistically in energy companies and assets. FS

  2. Opalesque Exclusive: Aberdeen makes the case for the lower mid-market[more]

    Bailey McCann, Opalesque New York: Aberdeen Asset Management has released a new paper focused on lower mid-market private equity. According to the paper, this segment of the private equity market is gaining popularity with private equity investors that are looking for multiple expansion and less

  3. Hedge funds await outcome of French elections, feel pinch on lower oil prices & weak dollar[more]

    Komfie Manalo, Opalesque Asia: Hedge funds felt the pinch of lower oil prices and weak U.S. dollar as the Lyxor Hedge Fund Index was marginally down as of the week ending 14 March, Lyxor Asset Management said in its Weekly Briefing. The Lyxor He

  4. Opalesque Exclusive: Swiss start-up and German fund manager to launch AI hedge fund[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: NNAISENSE, a Swiss start-up that develops artificial intelligence (AI) and machine learning applications, and

  5. Eric Mindich to shutter hedge fund Eton Park after difficult 2016[more]

    Komfie Manalo, Opalesque Asia: Erich Mindich is shutting down his hedge fund Eton Park after losing 9% in 2016 and its assets falling by $2bn to the current $7bn, Reuters reported. Mindich told investors