Sell-Side Technology Awards 2016: Best Sell-Side Market Risk Product— MSCI
The New York-based vendor has been around for over 40 years.
![msci-sst2016 msci-sst2016](/sites/default/files/styles/landscape_750_463/public/import/IMG/373/346373/msci-sst2016-580x358.jpeg.webp?itok=TZRh7bre)
Capital markets firms need a platform that can give them a wide view of the markets they are involved in and help them execute proper risk management.
It seems fitting that in the first three years of the Sell-Side Technology Awards no vendor has been able to win the honor more than once. LCH.Clearnet, OpenGamma and RiskVal Financial Solutions have all taken a turn in the winners’ circle, and this year yet another vendor has taken the crown for the first time in the category: MSCI, thanks to its RiskMetrics RiskManager offering.
MSCI is no newcomer to the risk management space. The New York-based vendor has been around for over 40 years, offering research-based analytics and indexes. However, it was the firm’s RiskMetrics RiskManager that specifically caught the judges’ attention in the market-risk space. The tool is a software-as-a-service (SaaS)-based offering that provides users with risk information across multiple asset classes and a wide range of instruments, including commodities, equities, fixed income, private real estate, private equity, foreign exchange, mortgages and structured credit. Value-at-Risk (VaR) simulation methodologies, robust stress testing, sensitivity analysis and flexible instrument pricing models are incorporated into RiskMetrics RiskManager, allowing users to set up custom reports, run ad-hoc analyses, perform exception management to find areas of risk, design stress-test scenarios and perform what-if analysis to rebalance or hedge a portfolio.
Giulio Panzano, managing director at MSCI, says what differentiates the product from other solutions in the space is that it’s multi-asset-class, it has a depth and breadth of risk statistics, it is flexible in terms of methodology, pricing models and parameters, and it has integrated market data and terms and conditions that encompass millions of time series and assets.
MSCI has also included some enhancements over the past year to the platform. Private assets modeling for private equity and real estate was added in order to extend its product coverage to meet the needs of complex and varied client portfolios, according to Panzano. Upgrades were also made to stress-testing functions in order to meet stringent regulatory requirements like the Federal Reserve’s Comprehensive Capital Analysis and Review (CCAR) and the Bank of England’s Prudential Regulation Authority, Panzano says.
MSCI is no newcomer to the risk management space. The New York-based vendor has been around for over 40 years, offering research-based analytics and indexes. However, it was the firm’s RiskMetrics RiskManager that specifically caught the judges’ attention in the market-risk space.
Looking ahead, investments will continue to be made to fixed-income analytics, says Panzano. Specifically, MSCI will introduce a prepayment model for agency mortgage-backed securities and collateralized mortgage obligations. Modeling of bank loans, collateralized loan obligations, contingent convertibles, and new Barra fixed-income factor model capabilities will also be integrated.
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@waterstechnology.com
More on Awards & Rankings
Asia Awards 2024: Best transaction-cost analysis (TCA) solution—big xyt
Product: Open TCA
Asia Awards 2024: Best middle-office platform—EquiLend
Product: EquiLend Spire
Women in Technology & Data Awards 2024 winner's interview: Joanna Davies (OSTTRA)
OSTTRA's Joanna Davies won the vendor professional of the year (data and operations) category in this year’s Women’s awards.
WatersTechnology Asia Awards 2024: All the winners and why they won
Here are the vendor and end-user winners of the 34 categories that make up the 5th annual WatersTechnology Asia Awards, announced on June 20.
Asia Awards 2024: Best analytics solution—oneZero
Product: oneZero Data Source
Asia Awards 2024: Best alternative data provider—RavenPack
Product: RavenPack Factor Library
Most read
- Zeros and ones: Industry contemplates T+0 as the next step
- IEX Cloud closure forces fintech clients to seek data alternatives
- Natixis refines in-house interoperability model