Wed, Sep 3, 2014
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. Study shows what resonates with investors: 'Unwavering', 'passionate' beats 'committed', 'dedicated' and more surprises[more]

    Komfie Manalo, Opalesque Asia: A new study by Pershing, a unit of BNY Mellon company, showed that an effective value proposition strengthens audience connections and fosters growth, yet many advisors have had little objective guidance in formulating such statements until now. In the study

  2. Legal – GE Capital and Petters-related hedge fund in legal battle, SEC sanctions Donald Brownstein's hedge fund over conflicts of interest[more]

    GE Capital and Petters-related hedge fund in legal battle From Startribune.com: A billion-dollar legal battle is brewing in Florida over who knew what and when about the decade-long Ponzi scheme operated by former Wayzata businessman Tom Petters. The bankruptcy trustee for two failed Flo

  3. Managed futures' global diversification is important in next phase of economic recovery[more]

    Komfie Manalo, Opalesque Asia: The global diversification provided by managed futures may prove to be extremely valuable as the markets enter the next phase of the economic recovery, said Campbell & Company, a pioneer in absolute return invest

  4. Comment – Why you should avoid the hottest hedge fund hands, Swedroe attacks Hussman over risk management, relative value strategy[more]

    Why you should avoid the hottest hedge fund hands FromCNBC/Yahoo.com: Investors who don't have money with Pershing Square Capital Management are likely salivating at the hedge fund's industry-leading 26 percent return from January through July. But investing with Bill Ackman and other to

  5. Ex-UBS prop trader's hedge fund Manikay Partners eyes UK launch[more]

    From eFinancialnews.com: Manikay Partners, a $1.7 billion US multi-strategy hedge fund set up in 2008 by a proprietary trader from UBS with backing from Goldman Sachs, is planning to open in the UK. New York-based Manikay's move into Europe comes after Financial News revealed on Monday that Aurelius