An emerging US hedge fund with significant management experience and unique multi-faceted focus on distressed and special debt opportunities, Plainfield Asset Management's accurate measure and analysis of portfolio risk is a core part of its investment process. "Strategic risk management is one of the foundations of our business," said Max Holmes, Plainfield's Founder and Chief Investment Officer. "Algorithmics' leading analytics and multiple delivery options are designed to ensure we can maintain excellence in risk management while scaling our system to meet current and future requirements."
Algo Risk is the financial risk management solution of choice for an increasing number of buy-side institutions including asset managers and hedge funds. Algorithmics has secured over 17 buy-side clients for this innovative and flexible solution since its launch in 2004.
"Greater transparency and a strategic approach to risk within the investment process are becoming core demands of institutional investors and regulators," said Dr. Andrew Aziz, Managing Director, market risk and buy-side solutions at Algorithmics. "Innovative, growth-oriented hedge funds such as Plainfield Asset Management are embracing actionable risk management based on leading-edge analytics and flexible delivery options."
Algo Risk enables portfolio managers, traders, risk managers and quants to measure, monitor and manage investments from both decision support and risk oversight context. Algo Risk is supported by a wide range of advanced portfolio/risk analytics, valuation methodologies and scenario generation techniques and can be used to support both investment decisions and risk oversight. The solution's underlying Mark-to-Future architecture is both asset class and risk factor agnostic, enabling the solution to span all holdings and investment strategies across the enterprise. In addition, the architecture enables the solution to be deployed as either an in-house implementation or as an outsourced offering provided through Algorithmics'
hosting partners, Bloomberg via an ASP and Cicada Risk through a managed service.