SunGard has the launched Hedge360 Risk Reporting Service, providing hedge funds with independently validated data and analytics to help meet investor demand for due diligence and risk management.
Delivered as a managed service and fully hosted, Hedge360 Risk Reporting Service provides macro-scenario analysis and stress testing enabling hedge funds to build and maintain the institutional credibility they need to raise assets and achieve growth.
The new service will help hedge funds gain a competitive advantage by ensuring an independent view of risk through increased monitoring of multi asset classes and instruments, improved data management and more accurate modelling of assets.
Hedge funds will also benefit from increased risk management efficiency as the Hedge360 Risk Reporting Service offers a full range of reporting on potential risks in a hedge fund’s portfolio. This helps make accurate comparisons and distinctions between the many different sources of risk within a fund’s strategy, both intended and unintended.
“The hedge funds most likely to succeed are those that can back up their strategies with robust risk reports,” says Laurence Wormald, head of buy-side research, SunGard. “Crucial therefore is a comprehensive risk management solution that is not only sophisticated and rigorous but also easy to use and highly cost-effective. Hedge360 Risk Reporting Service offers firms an independent view of risk while at the same time helps increase operational efficiency through its streamlined reporting. This helps provide hedge funds with the necessary risk management strategy and institutional credibility to gain a competitive advantage and differentiate themselves to investors.”