To identify and manage risk across its portfolios
LV= Asset Management, the fund management arm of mutual insurance and investment group LVAM, has selected SunGard’s APT to identify and manage risk across all its portfolios.
LV= Asset Management (LVAM) will use APT’s global balanced risk model, a multi-factor risk model, to measure and attribute risk for a multitude of asset classes.
LVAM will also implement SunGard’s APT Pro6, a desktop application used for exploratory risk analysis and risk-controlled portfolio construction processes, including portfolio optimization. APT’s Pro6 will help LVAM understand and control market risks through the analysis of volatility, relative risk and sensitivity to prevalent market factors, as well as stress test all funds, said SunGard.
Richard Acela, senior systems analyst at LVAM, said: SunGard’s APT will help us gain greater control of our risk management processes and better understand the sources of risk that we are exposed to – both at the fund and aggregated level. The flexibility of the solution’s risk attribution model allows us to investigate portfolio exposure to a choice of over 450 explanatory factors, rather than a static series of pre-packaged factors.