Risk Services
Flexible, customizable risk management analytics and reporting
Independent verification, timeliness, scalabilty and customization are key risk reporting drivers for fund managers and investors alike.
GoRisk® deploys leading edge analytics in conjunction with scrubbed and validated data. Comprehensive and flexible risk reporting is independent, transparent and robust. Risk processes leverage GlobeOp’s technology infrastructure, while straight-through processing (STP) provides seamless integration between the independently calculated books and records and risk reporting.
GoRisk can also be combined with GlobeOp’s over-the-counter (OTC) derivative service GoOTC™ , in a package specifically tailored to respond to the European Unions’ UCITS lll directive.
GoRisk is available as an integrated element of GlobeOp’s middle-, back-office and fund administration services or on a standalone basis. Reports are delivered online daily and can be customized to specific manager or investor requirements.
Through GoBook, GlobeOp's propriety online fund investor communications service, fund managers can respond to investor demands for increased fund risk metrics. Optional investor access - through daily, weekly or monthly uploads to GoBook - can be provided to customized fund risk reports or any of the 50 standard risk reports available to full-service GoRisk clients.
Service Highlights
- Full ASP Service: No infrastructure requirements for the client
- Fully integrated: Reduces time to market. Facilitates integrity by delivering risk reporting based on the same independently-reconciled trade and position data used to calculate the NAV and P&L for clients on the GlobeOp platform
- Market data warehouse: GlobeOp terms & conditions database for securities. An extensive database of current and historical rates and prices, sourced and validated by GlobeOp. Clients can also nominate/contribute their preferred market data
- Broad product coverage, including vanilla and exotic
derivatives across asset classes & strategies.
Including but not limited to
- Commodities
- Convertibles
- Credit
- Equity
- Fixed Income
- Foreign Exchange
- Extensive risk analytics
- Position and exposure analysis
- Risk factor sensitivities (delta, gamma, vega, theta, DV01, CR01)
- Multi-factor equity model
- Market beta analysis
- Extensive & flexible Value-at-Risk (VaR) analysis &
reporting
- Conditional, incremental & marginal VaR
- Historical and Monte Carlo simulation
- Worst loss & expected shortfall measures for incremental VaR
- Risk factor-based conditional and marginal VaR
- Marginal and conditional VaR measures for volatility risk factors
- Scenario analysis and stress testing - Historical and ad-hoc market shocks
- Reporting
- Can be customized to specific manager or investor requirements
- Drilldown access to position-level data
- Delivered daily, weekly or monthly
- Interactively via OLAP
- Via secure website
- In preferred formats across a secure FTP site
- Via GoTask™, GlobeOp’s proprietary workflow management tool
- Can be customized to specific manager or investor requirements
- Customization: GoRisk Reports can be
customized to a range of requirements, including
- Portfolio attributes
- Pricing models
- User-contributed market data
- Risk measures & methodologies
- Reporting & reporting attributes
- 24 hour support: A dedicated team of highly-qualified risk professionals provides training and help desk support for risk calculations, the reporting process and risk results verification.
GlobeOp is listed on both the RiskTech 100 and FinTech 100.
Client Benefits
Hedge fund managers: Independent risk analyses across all major strategies. Increases managers’ ability to independently confirm to investors that agreed investment style, risk profiles and limits are being adhered to, without revealing strategic trades or opportunities.
Managed account platforms: Provides risk oversight to the platform operator or investor, and can be aggregated across all accounts into a single, daily report. Drilldown to position-level data provides greater transparency on individual account holdings to the platform operator or investor as required.
Funds of funds: Risk data at a granular (strategy or position) or aggregated (fund) level depending on the level of transparency required. Managers not on the GlobeOp platform can provide position files via a secure FTP site.
Commodity trading advisors (CTAs)/managed futures: Standalone risk analysis and reporting can be combined with GlobeOp’s front-end offering. Straight-through processing of executed orders automatically updates positions in GoRisk Reports.
Regulated fund managers & their custodian banks: Independent risk measurement and reporting for UCITS III and 130/30 vehicles. Flexible compliance-check monitoring supports risk reporting for complex and non-complex UCITS III funds.
Updated November 2009