Concept Capital, an institutional broker and total solutions provider to the investment management industry, has partnered with SAS, a provider of business analytics software and services.
As a result of the collaboration, Concept Capital will offer a full suite of analytics that will provide integrated, multi-custodial risk and performance reporting to investment managers, family offices and investors.
With SAS risk management software, Concept Capital will significantly expand the capabilities of its flagship product, Conceptone.
“We believe there is a huge opportunity to bring an integrated solution to the market that will combine portfolio analytics and advanced risk management capabilities to the investment management and hedge fund space,” says Michael Rosen, managing director at Concept Capital. “This solution will give investors increased confidence in receiving risk reports that will be produced by an independent third party using industry-leading software from SAS.”
Concept Capital will offer a hosted portfolio analytics and risk management portal to the hedge fund market. The solution includes a client Web portal with access to customised risk reports and interactive analytics that will permit a multitude of views – including value at risk, factor analysis, customized stress testing, profit and loss time-series analysis, performance attribution and measurement, and production of ex-post risk indicators coupled with more traditional portfolio appraisal reports – all on a multi-custodial basis.
“With SAS, Conceptone will be able to deliver a high level of auditable risk intelligence to clients that are now a requirement in today’s market,” says David Wallace, global financial services marketing manager for SAS. “Hedge fund managers will now be able to move beyond ‘black box’ analytics to have fine-grained control of their risk analysis. Through this partnership with Concept Capital, SAS continues to help reshape the capital markets’ risk practices in achieving a strong and stable recovery.”