Danish asset manager rolls out Algo Risk Service
The Copenhagen-based firm has roughly Dkr130 billion (£13.8 billion) under management and started looking for a risk system last year after it realised extra functionality would be necessary to support a new pension fund client.
According to Lars Ramm Raahauge, head of performance measurement at BankInvest, the firm has been using two Wilshire Associates systems for performance measurement and attribution and very basic risk processes for several years, but needed new technology to support
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