In close collaboration with clients, VPD has developed a reporting package to meet regulatory and analytical requirements for RISK. The solution is closely linked to the guidelines on how to calculate and report risk under UCITS IV published by CESR (the Committee of European Securities Regulators).
The user may choose to calculate measures directly as part of VPD Risk & Performance, and/or to integrate external risk calculation engines for this purpose.
âUsing VPD Risk & Performance, you are in control of an automated process to meet regulatory requirements cost effectivelyâ, says Johan Lundman, Managing Director at VPD, and adds: âAs a result the asset manager will build a database of risk and position data, which will be extremely valuable in any ad-hoc analytics and when reporting to management and clientsâ.
The solution, VPD Risk Reporting, is currently focused to meet typical UCITS IV requirements. Solvency II and Basel III are other regulations that will require similar initiatives, and therefore will be introduced as part of the solution.