Askari® provides enterprise-wide solution to manage integrated market and credit risk.
IMS Solution: Askari - Data Management & Analytics
Client Profile:
- One of the largest pension plans in Canada, with nearly C$90bn in AUM
- Administers the pensions of 284,000 active and retired professionals, paying C$4.2bn in benefits annually
- One of the world’s leaders in the use of alternative assets classes
- Manages well diversified portfolios and focuses on absolute return strategies
Challenges:
- Manage its investments to earn best possible rate of return at an appropriate level of risk
- Implement diverse asset-mix policy and seek absolute returns
- Increase the accuracy and coverage of risk models
Solution:
- The client selected Askari after evaluating multiple risk management solutions
- Askari is used to calculate plan level and portfolio level market risk for all asset classes
- Askari’s robust, scalable platform delivers open, flexible, and fast reporting to a variety of user groups
Benefits:
- Askari’s full revaluation methodology and advanced analytics help the organisation understand risks across asset classes and improve the active monitoring and management of risk budgets
