Northern Trust has integrated its BarraOne global, multi-asset class portfolio risk service with its custody, accounting, fund administration and collateral management platform.
The combination of the two gives institutional investors, including pension funds and family offices, a seamless view of risk and compliance information, as the platform now gives users the full spectrum of risk models and stress-testing.
“Our integrated tools can provide insights across multiple risk categories, such as dedicated credit models, value-at-risk models, stress and scenario tests, and exposure analysis,” said Ian Castledine, global head of investment risk product at Northern Trust.
“The key, however, is to distill these vast amounts of data into meaningful information using a robust risk framework,” Castledine continued. “Clients can create targeted reports to meet a variety of risk management needs, and access them through our flexible web portal, Passport, and its analytical dashboards, or by using our Data Direct tool for extracting into other formats.”
Jim Trotter, global head of investment risk and analytical services at Northern Trust, added: “Using these state-of-the-art tools, we can forecast risk over short and long horizons, assess risk from various sources, street-test investments and better prepare diversification analyses across multi-asset class portfolios. As investors navigate reduced liquidity, extreme volatility in markets and rapidly changing credit profiles, Northern Trust continues to invest in our risk reporting capabilities with the tools to manage a complex environment.”