Nordic asset mamager will use VPD Risk & Performance to support its Global Investment Performance Standards (GIPS) reporting, attribution, and enterprise data management functions.
Alfred Berg Asset Management, an autonomous Nordic-focused asset management division within BNP Paribas Investment Partners, founded in 1863, is live on VPD's VPD Risk & Performance platform.
London- and Stockholm-based VPD's flagship offering is designed to support a number of buy-side focused functions, including Global Investment Performance Standards (GIPS) reporting, attribution, various reporting activities and enterprise data management functions, with, what the vendor calls, "a special edge on risk and performance functions."
Alfred Berg Asset Management, which manages discretionary portfolios worth more than €16 billion for a range of Nordic and international clients, including private and institutional investors, investment trusts, charities, financial institutions, and pension funds, collaborated with VPD to develop a reporting package to meet regulatory and analytical requirements for risk management purposes. Users may choose to calculate measures as part of VPD Risk & Performance, and/or integrate external risk calculation engines for this purpose.
"Risk reporting is a complex business where data requirements are extensive," says Blanca Løvic, head of risk and compliance at Alfred Berg Asset Management. "In response to this, I value the solution, based on VPD Risk & Performance, as it is a highly automated process, with data quality assurance, to meet regulatory requirements as part of the reporting."
Users may choose to calculate measures as part of VPD Risk & Performance, and/or integrate external risk calculation engines for this purpose
James and Anthony talk about the looming Sibos event in Toronto and take a look at some recent M&A activity and blockchain developments in the capital markets.Subscribe to Weekly Wrap emails