Gravitas, a co-sourcing platform providing cloud technology, collaborative outsourcing, risk analytics and research support to the alternative investment industry, has chosen the IBM Risk Analytics engine to provide Risk-as-a-Service for emerging and mid-sized hedge funds.
As part of its Risk Reporting Plus and Risk Co-Sourcing services, Gravitas risk analysts will use IBM's risk technology to offer advanced analytics, modelling and custom reporting to help hedge funds meet regulatory requirements, support better investment decisions, and assist with the mitigation of unintended sector-industry concentration and secondary risks at both the fund and enterprise level.
Through Gravitas's 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 across their portfolios and broader business - all supported by experienced Gravitas risk analysts.
"The Gravitas Risk platform has evolved into an extremely robust, Risk-as-a-Service offering for the alternative investment space," says Jayesh Punater (pictured), founder and chief excutive of Gravitas. "With IBM Risk Analytics as a core part of that offering, 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.
"IBM's risk engine allows Gravitas to extend our risk services by providing highly customised risk reports for an accurate and reliable view of exposure, risk and performance at the portfolio, manager, strategy and enterprise levels. Funds benefit from customised reporting, spanning all asset classes, while retaining the level of control they require."
"The explosion of data, and the ability to integrate, analyse and derive insight from it through analytics technology, are providing new business opportunities for financial services firms to drive profitability and differentiate their business," says Andrew Aziz, director, risk analytics, IBM. "Gravitas's sophisticated risk requirements have allowed us to showcase the customisation capabilities of IBM Risk Analytics. These include providing granular modelling at the instrument level, developing other custom instrument models and scenarios, and providing broad instrument coverage. Our clients know that with IBM Risk Analytics on-cloud, they have one risk framework that can meet the needs of many users across their enterprise."
The Gravitas Co-Sourcing Platform provides buy-side alternative asset managers with the flexibility to consume technology, investment operations, risk and research either as a service or as part of a unique outsourced solution encompassing people, processes and technology.