Ontario Teachers’ Pension Plan to Use DSTi's Risk Management Solution HiRisk

London – DST International (DSTi) announced today that Ontario Teachers’ Pension Plan ("Teachers’"), Toronto, Canada, have signed up for HiRisk - DSTi’s enterprise-wide risk management solution. Teachers will use HiRisk to calculate plan level and portfolio level market risk for all asset classes. They will also use HiRisk as their central platform for all risk analysis.

Leo de Bever, senior vice president, research and economics, said, "Teachers’ selected DSTi’s HiRisk after careful evaluation of available risk systems over the last two years. HiRisk was selected because of its architecture that supports an enterprise-wide solution and its focus on providing functionality
desired by the buy-side. The ability of the system to easily handle complex portfolio structures and benchmarks is quite attractive."

HiRisk’s technology and architecture result in a highly robust, scaleable application that can accommodate small clients as well as the heavy processing demands of a client like Teachers. Using the most current technology, HiRisk delivers open, flexible and exceptionally fast reporting.

Leo de Bever adds, "HiRisk’s automation functionality, error handling and proxy tools make it the best solution for Teachers’. The automation and process control tools will allow us to focus our resources on risk analysis and value adding research rather than on operating a risk system. We were also quite impressed with the what-if functionality within HiRisk."

Marcus Ansell, DSTi’s US president, said, "DSTi is delighted Ontario Teachers’ Pension Plan has selected HiRisk. It further confirms our product strategy to provide the best of breed solutions to the market. Teachers’ is widely recognised as a leader in risk management, and we look forward to assisting the organisation in setting new standards for the industry."

Teachers’ is now implementing HiRisk and expect to go into production mid next year.

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