Fri, Dec 26, 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. Hong Kong-Shanghai stock link fails to live up to expectation so far[more]

    Komfie Manalo, Opalesque Asia: In a report, Reuters said that demand has been subdued with the bulk of activities coming from short-term speculative investors. Las

  2. Investing - Hedge funds get boost from healthcare in 2014, Paulson & Co takes stake in Salix on heels of inventory issues[more]

    Hedge funds get boost from healthcare in 2014 From Valuewalk.com: The healthcare sector started the year on a turbulent note, as stocks of many major biotechnology companies were battered. However, most of the players in this sector have bounced back. The BarclayHedge Healthcare & Biotec

  3. North America - Why Steve Cohen, Connecticut hedge fund billionaire, gives so much in New York[more]

    From Insidephilantrophy.com: Billionaire Steve Cohen was born in Great Neck, New York before attending Wharton, working on Wall Street and then founding SAC Capital Advisors in Connecticut. Though his company (Point72) and foundation are based in Connecticut, Cohen and Alexandra are deeply connected

  4. Investing - Soros buys a highly speculative biotech in the third quarter[more]

    From Fool.com: …The Soros Fund bought 25,000 shares of the struggling small-cap biopharma Aegerion Pharmaceuticals in the third quarter. For those of you who haven't heard of this name, suffice to say that this was a surprising buy in light of the company's recent problems and poor outlook going for

  5. CFTC Revokes Registrations of Illinois Resident Aleks A. Kins and Chicago-based AlphaMetrix, LLC[more]

    Matthias Knab, Opalesque: The U.S. Commodity Futures Trading Commission (CFTC) today announced that it has revoked the registration of Aleks A. Kins of Chicago, Illinois, as an Associated Person and the registrations of AlphaMetrix, LLC (AlphaMetrix), a Delaware limited liability company with its