MSCI Inc. (NYSE: MXB), provider of investment decision support tools worldwide, is pleased to announce that Deutsche Postbank Financial Services, part of one of Germany’s leading retail banks, is now using BarraOne to help the company identify and manage risk across its equity and fixed income portfolios.
“BarraOne has been successfully implemented across the organization here in Frankfurt,” said Martin Bayer, Head of Risk Management at Deutsche Postbank Financial Services. “We will be using BarraOne’s quick and easy risk reporting functionality to help us comply with local UCITS III market risk regulations, as well as using it for the day-to-day risk management of our funds.”
To support the implementation of BarraOne, Postbank Financial Services used the dedicated BarraOne implementation team. “We have been very happy with the execution and the speed of the implementation. The team exhibited a high level of professionalism and responsiveness, both during and after the BarraOne implementation,” Mr Bayer added.
Baer Pettit, Managing Director and Global Head of Client Coverage at MSCI Inc., said, "Deutsche Postbank Financial Services is one of the many clients who have come to us for tools to help them comply with certain local regulatory requirements, and we are delighted that BarraOne helps them meet their needs in this area.”
BarraOne provides a global, multi-asset class framework for portfolio construction, interactive risk analysis, trade scenarios, portfolio optimization and risk reporting, delivered through an easy-to-use browser interface. The application also provides extensive VaR, back testing and stress testing functionality, which may be used by firms to help them with the relevant regulatory requirements.