FactSet (NYSE: FDS | NASDAQ: FDS), a proven leader in risk analytics, offers clients an integrated approach to risk management tailored to comply with the Australian Prudential Regulatory Authority’s proposed Prudential Standard SPS 220 regulation.
Prudential Standard SPS 220 establishes requirements for an RSE licensee to have systems for identifying, assessing, managing, mitigating, and monitoring material risks that may affect its ability to meet its obligations to beneficiaries. FactSet's comprehensive suite of risk management analytics support clients' ability meet the regulation's requirements.
“SPS 220 will require RSE licensees to have systems to manage material risks that may impact its ability to meet its obligations to beneficiaries,” explains David Simpson, Managing Director, FactSet Australia.“FactSet offers clients a complete risk analysis platform to simulate and analyze sources of risk to understand portfolio performance.”
For more than 30 years, FactSet has been managing data delivered from custodians, back-office systems, and third-party providers into the FactSet Workstation. This seamless integration allows clients to gain a complete view of their portfolio holdings data and exposures, plus real-time news, quotes, and market information.
Only FactSet offers models from all of the leading providers, as well as lets you use your own custom models. Pair those models with FactSet’s tools for stress testing and scenario analysis and users gain a consistent approach to model risk across all asset classes, including the ability to investigate trends, backtest construction strategies, and monitor performance for simulated events.