Gravitas and IBM to Offer Risk Services to Small Hedge Funds

As part of its Risk Reporting Plus and Risk Co-Sourcing services, Gravitas risk analysts will utilize IBM's risk technology to offer analytics, modeling and reporting to help hedge funds meet regulatory requirements, support investment decisions, and assist with the mitigation of unintended sector-industry concentration and secondary risks at both the fund and enterprise level. Through Gravitas' risk service, hedge funds can take advantage of IBM's ability to model market, credit and liquidity risk on multiple asset types and create custom scenarios to assess the risk impact of market events and new trades.

"With IBM Risk Analytics as a core part of the Gravitas Risk platform, we are positioned to provide clients with high quality risk expertise, either as a service or as part of a co-sourced model staffed by dedicated risk personnel," says Jayesh Punater, founder and CEO of Gravitas. "IBM's risk engine allows Gravitas to extend our risk services by providing highly customized risk reports for an accurate and reliable view of exposure, risk and performance at the portfolio, manager, strategy and enterprise levels."

"Gravitas's sophisticated risk requirements have allowed us to showcase the customization capabilities of IBM Risk Analytics," says Andrew Aziz, director of risk analytics at IBM. "These include providing granular modeling at the instrument level, developing other custom instrument models and scenarios, and providing broad instrument coverage."