City Financial, a London fund manager with retail and institutional clients, has chosen SunGards APT for its investment risk reporting.
As a hosted reporting solution, City Financial will use APT to measure and monitor risks associated with market positions and portfolios across multiple asset classes. APT will also provide the asset management firm with a holistic view of risk information to management, clients and regulators, according to a press statement.
According to SunGards claims, “City Financial will have increased flexibility to integrate risk management into investment processes, helping the firm to better service its clients and turn risk management practices into competitive advantage.”
Transparency of investment risk is critical for our business as a boutique asset manager to ensure that we stay nimble. Crucial to us was finding a solution that can provide multi-asset coverage to better understand our risk positions. SunGards APT helps us to effectively monitor and manage our investment risks while maximizing portfolio-level returns, saidTim Short, chief risk officer, City Financial.
Short added, “SunGards strong buy-side industry reputation and APTs track record of providing effective risk management made them the front-runner in our choice of provider.”
Good risk management starts with a culture that encourages risk and return to be seen as one, rather than separate aspects of the investment process. SunGards APT will help incorporate enhanced risk information into City Financials investment decisions to give a holistic view of risk, which will help the firm maintain agility and superior client service, saidLaurence Wormald, head of APT research, SunGard.
