BST Awards 2020: Best risk management product—FactSet
![Buy-Side Technology Awards 2020](/sites/default/files/styles/landscape_750_463/public/2020-11/Buy-Side%20Technology%20Awards%202020.png.webp?itok=op7d_Ng-)
Buy-side firms now regard the function of a risk management system as moving beyond simple compliance into the heart of the investment process. Which is why FactSet developed a risk platform that accounts for managing risks within the long-term asset allocation mix, while avoiding short term turbulence and capturing alpha, and providing the necessary efficiency and interconnectivity of its solutions.
The risk platform leverages FactSet’s multi-asset class risk models across any investment workflows to suit any kind of institutional investor firm, says Boryana Racheva-Iotova, senior director of risk and quantitative strategy at FactSet. Integrated risk models, workflows, and factor modelling approaches for equity, fixed income, commodity, alternatives, and derivatives capture systemic shifts in all markets.
“Serving the variety of investment styles, FactSet models encompass Linear and Monte-Carlo multi-asset class models based on fundamental characteristics, as well as full repricing models, and as such are leveraged across any investment strategy that any type of institution would make,” Racheva-Iotova says.
Over the last year, FactSet added to its platform its first equity factor model, daily corporate spread factor models for developed market corporate bonds, and FactSet Optimizer, an optimization model based on scenario simulations from the fat-tail multi-asset class model.
Racheva-Iotova says FactSet’s clients want to be able to evaluate their risk profiles from portfolio construction to asset allocation, evaluating the impact of investment decisions from the risk perspective.
“From that holistic perspective, it’s the evaluation of all the assets you are investing in, and then as you make those investments, the ability to look at those and make sure you stay within the risk profile you set. And gauge that risk profile relative to your overall performance outcomes,” she says.
Racheva-Iotova says FactSet will continue to enhance its multi-asset class model. “We see a shift into private markets and alternative investments, and a push around alternative factors and data, and we are continuing to update and ensure that our models are at the forefront of coverage and understanding various complex instruments,” she says.
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.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
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. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com
More on Awards & Rankings
Sell-Side Technology Awards 2024 winner’s interview: Broadridge
In this year’s Sell-Side Technology Awards, Broadridge Financial Technology won Best outsourcing provider to the sell side thanks to its hugely successful business process outsourcing offering
Waters Rankings 2024: Best market risk solution provider (highly commended)—FactSet
Product/service: FactSet Multi Asset Class Risk Solutions
Waters Rankings 2024: Best portfolio management system provider (highly commended)—FactSet
Product/service: FactSet PM Hub
Waters Rankings 2024 winner’s interview: IPC Systems
IPC Systems won the Best cloud infrastructure provider category in this year’s Waters Rankings. Tim Carmody, CTO of IPC, discusses his firm’s recent success in the rankings
Waters Rankings 2024 winner’s interview: Vneuron
Vneuron Risk & Compliance won the best AML compliance solution provider category in this year’s Waters Rankings.
Waters Rankings 2024 winner’s interview: Cloud9
Cloud9, part of Symphony, won Best trading floor communication system provider category in this year’s Waters Rankings.
Waters Rankings 2024 winner’s interview: AI Risk
New York-based AI Risk won the Best cyber security provider category in this year’s Waters Rankings.
Waters Rankings 2024: Best performance measurement and attribution system provider—FactSet
Product/service: FactSet Performance Solutions