The boutique global macro fund will now use SunGard's managed Hedge360 Risk Reporting Service to develop customized daily reporting across its range of trading asset classes.
Atraeus, founded in 2012, has an emphasis on foreign exchange and commodities trading—via both OTC derivatives and futures—and requires reporting on value at risk (VaR), sensitivity and exposure limits, for which SunGard will provide data mapping, data validation and exception management, report generation and analytical result validation as part of the Hedge360 service. The move expands the provider's existing relationship with the fund, which already uses its Front Arena platform.
“Following implementation of the project we are already benefitting from SunGard’s in-depth risk expertise and are able to dedicate time to managing risk, rather than managing data, processes and infrastructure," says Atreaus COO Andrew Downes. "The managed service provides engineered market data and allows us to grow our reporting capabilities with ease. The interactive web dashboards provide an easy-to-use visual interface for analyzing and attributing risk using a broad range of risk metrics including VaR, sensitivities and exposures.”
Anthony and James look at developments pertaining to the Consolidated Audit Trail and wonder if big-tech companies could challenge traditional asset managers.Subscribe to Weekly Wrap emails
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