Neptune, recently named Best Boutique Fund Group at the 21st annual Money Marketing Financial Services Awards, selected APT to help it strengthen its risk management function with factor-based methodology, stress testing and robust Monte Carlo Value at Risk (VaR) calculation. APT also provides automated risk reporting.
APT will be used across Neptuneâs UCITS funds. âUCITS is fast becoming a global regulatory standard,â said Dushyant Shahrawat, senior research director at TowerGroup, a Corporate Executive Board company. âAs organizations try to mitigate risk, investors value the transparency UCITS offers as risk reporting has become an important compliance mandate for investment managers.â
Gavin Creary, risk officer at Neptune Investment Management, said, "The integration of APT is designed to augment our risk management processes and will help add significant value company-wide.â
Rob Mackay, chief operating officer of SunGardâs APT business unit, said, "APT will help Neptuneâs fund managers gain a clear perspective on the drivers of risk and return. APTâs flexible analytics are easily integrated into Neptuneâs existing infrastructure, helping it benefit from robust risk management and risk reporting.â