Based in new York, Atreaus Capital trades a broad range of products with an emphasis on FX and commodities, in the form of both OTC derivatives and futures, and according to a press statement, the fund needed customized daily risk reporting and monitoring of risk measures and limits on a daily basis. This included VaR, sensitivity and exposure limits.
SunGard claims that its s Hedge360 Risk Reporting Service helps the hedge fund by providing “a cost-effective, fully hosted and managed service that encompasses the entire reporting process including; data mapping, data validation and exception management, report generation and analytical result validation.”
Following implementation of the project we are already benefitting from SunGards in-depth risk expertise and are able to dedicate time to managing risk, rather than managing data, processes and infrastructure. The managed service provides engineered market data and allows us to grow our reporting capabilities with ease,” said Andrew Downes, COO, Atreaus Capital.
He continued, “Interactive web dashboards provide an easy-to-use visual interface for analyzing and attributing risk using a broad range of risk metrics including VaR, sensitivities and exposures. SunGard is already known to us through our use of SunGards Front Arena and the expertise of the SunGards Hedge360 Risk Reporting Service team further strengthens the service we can provide to our clients.
Hedge funds today need to raise a higher proportion of assets from large financial organizations. As professional money managers, these investors demand institutional standards of risk reporting and risk management. SunGards Hedge360 Risk Reporting Service helps maintain a competitive advantage for hedge funds that are looking to achieve institutional credibility, through a sound, scalable, stable operating model that stands up to scrutiny from investors and regulators, said Dr. Laurence Wormald, COO and head of research for SunGards APT.
