Fund administrator Butterfield Fulcrum has partnered with financial software firm Risk Fundamentals to launch a service which provides risk analytics for fund managers and aligns fund m
Fund administrator Butterfield Fulcrum has partnered with financial software firm Risk Fundamentals to launch a service which provides risk analytics for fund managers and aligns fund managers and investors’ risk reporting requirements.
The service provides transparency reporting to investors without revealing investment level data and, in addition to traditional value at risk assessments, measures liquidity and leverage, the primary sources of hedge fund collapse.
"As independent administrators we sit at the junction where transparency and confidentiality have traditionally opposed each other," says Akshaya Bhargava (pictured), Butterfield Fulcrum’s chief executive. "This product delivers an innovative service that finally bridges the transparency divide and accommodates the requirements of investors and fund managers alike."
"Risk Fundamentals is a state of the art risk management and transparency solution for hedge funds, funds of funds and institutional investors," says Ben Weston, Risk Fundamentals’ chairman. "This collaboration fulfills a longstanding need in the marketplace for new and effective ways to understand and manage risk."
Reports are produced from independently reconciled data, across multiple prime brokers if necessary.
