SimCorp and MSCI collaborate to provide new risk analytics interface to improve operational efficiency
New technical interface allows seamless delivery of risk analytics information across the firm
SimCorp, a leading provider of investment management solutions and services for the global financial services industry, today announced it has entered into an agreement with MSCI to support a direct data and analytics link between SimCorp Dimension and the MSCI RiskManager platform. A future connection to MSCI’s BarraOne product is also planned.
The new interface, which is now available, enables common clients of SimCorp Dimension and MSCI RiskManager to obtain up-to-date risk analytics more efficiently, through an integrated workflow loading SimCorp Dimension holdings into MSCI RiskManager and MSCI RiskManager risk analytics into SimCorp Dimension.
This new workflow will allow common clients to reduce operational complexity and make better informed investment decisions using a clearer picture of their risk exposure. SimCorp Dimension clients will have back-testing, value-at-risk calculations, historical data, and analytics from MSCI RiskManager easily accessible on-screen.
Swiss & Global Asset Management was the first mutual client to use the new technical interface under a pilot scheme. Swiss & Global AM is part of GAM Holding AG, an independent, pure-play asset management group. The group has assets under management of CHF 115.3 billion (as at 31 March 2014).
“One of the principal objectives of SimCorp Dimension is to equip clients with the best tools available to monitor risk. MSCI’s best-in-class market risk offering is a natural partner for us and will enable our mutual clients to obtain maximum benefit from both products and achieve watertight risk monitoring,” says Marc Schröter, Senior Vice President and Head of Product Management, SimCorp.
“Our clients want investment management tools that work together and complement each other through every part of the investment process,” said Roveen Bhansali, Managing Director and Head of Risk Management Analytics for MSCI. “We are delighted to work with a market leader like SimCorp to deliver more deeply integrated and efficient tools to clients.”
Enquiries regarding this announcement should be addressed to:
Sophia Morrell, Greentarget, Sophia.morrell@greentarget.co.uk, 00 44 207 324 5487
About SimCorp
Since 1971, SimCorp has been providing investment and portfolio management software and services to the world’s leading investment managers, asset managers, fund managers, fund administrators, pension funds, insurance funds, and wealth managers. SimCorp’s world-class software provides global financial organizations with the tools they need to mitigate risk, reduce cost, and enable growth. SimCorp is a global company, regionally covering all of Europe, North America, and Asia Pacific. Listed on the NASDAQ OMX Copenhagen, SimCorp is dedicated to supporting the global investment management industry, its clients, and its investors. For more information about SimCorp’s products, please visit www.simcorp.com/solutions.
About MSCI
MSCI Inc. is a leading provider of investment decision support tools to investors globally, including asset managers, banks, hedge funds and pension funds. MSCI products and services include indexes, portfolio risk and performance analytics, and ESG data and research.
The company’s flagship product offerings are: the MSCI indexes with approximately USD 8 trillion estimated to be benchmarked to them on a worldwide basis1; Barra multi-asset class factor models, portfolio risk and performance analytics; RiskMetrics multi-asset class market and credit risk analytics; IPD real estate information, indexes and analytics; MSCI ESG (environmental, social and governance) Research screening, analysis and ratings; and FEA valuation models and risk management software for the energy and commodities markets. MSCI is headquartered in New York, with research and commercial offices around the world. For further information on MSCI, please visit our web site at www.msci.com.
1As of September 30, 2013, as reported on January 31, 2014, by eVestment, Lipper and Bloomberg