Norwegian Guarantor Fund Selects Xenomorph’s TimeScape

The fund, which uses both fundamental and quantitative analysis, chose the Xenomorph solution to perform proprietary analysis with rapid distribution to its management team and integration of complex curve and surface models integrated across asset classes.

Bankenes Sikringsfond, which is part of the Norwegian banking sector's security net, covers all deposits made at institutions with a home office in Norway. The fund says it was looking for greater affinity around risk management and the risk premium incumbent in each of its managers' investments. TimeScape also provides the fund data auditing capability as well as built-in analytics sets, to be added to its own.

"TimeScape is an easy-to-use and powerful tool. Without large upfront time in IT investment, we are able to hit the ground running using the system in a highly scalable fashion. We now have a central source of information that is processed efficiently─large amounts of calculations and tasks can be performed automatically," says John de Courcy-Bower, execution trader at Bankenes Sikringsfond.