SVB (Silicon Valley Bank) – Cautionary tale or just plain dumb?

Credit Suisse and RiskSystem Join Forces

We are delighted to announce that Credit Suisse Asset Management in Zurich has chosen RiskSystem to provide daily risk reporting and investment restriction monitoring for the €500m Luxembourg domiciled Credit Suisse (LUX) Absolute Return Bond Fund. Max Gnesi, Director of Credit Suisse commented “Credit Suisse had a specific requirement for an independent third-party risk-management provider. […]

February 20, 2017, by administrator

Risk / Data Analyst Positions

RiskSystem: We provide comprehensive and innovative financial risk management and data services to the global funds industry via a proprietary cloud based platform. The company was formed in 2013, currently has 7 employees, 5 full time, 2 part time and works with ~ 40 funds across Europe and North America. The company’s prime focus is […]

January 20, 2017, by administrator

The Risk Management Function – Questions To Ask

A few month ago a journalist asked us to come up with some questions relevant to the risk management function for an article he was writing. In light of the Central Bank of Ireland’s recent letter “Thematic Review of Risk function” (available here) we thought it might be timely to reproduce the list below: Questions the […]

December 8, 2016, by administrator

The SEC and Liquidity Risk

In October the Securities and Exchange Commission (SEC) adopted liquidity rules1 for mutual funds and ETFs to allow fund boards, the SEC and investors to “better monitor liquidity risks” in those investing vehicles and to “modernize and enhance liquidity risk management”. Whilst the Investment Company Act provides for a seven day settlement period to repay investors […]

November 22, 2016, by administrator

Risk : The Next Five Years

Below we have reproduced an article in the September issue of the NED magazine – ned-sept-2016-risk-article-2 Perhaps the most important current development in alternative fund governance is in what is happening at fund board level on risk. Traditionally boards have had little to no proper information on risk at all. Most boards might get […]

October 13, 2016, by administrator

Risk Management and the ManCo Model

We attended an interesting seminar the week before last in London run by IFI Global, ably moderated by the ever-energetic Simon Osborn. The panel on risk management was of course of most interest to us – no surprise there. Simon presented highly illuminating research undertaken by his firm. It would appear from the data that […]

October 7, 2016, by administrator

The Evolving Role of Risk in Fund Management

The rolling and possibly on-going financial crisis that started in 2007 has provided risk managers with an invaluable learning experience. Irrespective of the claims of individual fund managers, the industry as a whole performed poorly, and it is as a reflection of this reality, that the evolution of risk management should be understood. There are […]

June 2, 2016, by administrator

Risk: AIFMD Vs UCITS

“At All Times…” A comparison between the UCITS legislation and the AIFMD legislation relating to the timeliness or otherwise of the risk management function. There is some discussion on the timeliness of the risk monitoring that is necessary to be compliant with AIFMD. This is in part motivated by a need to determine if the UCITS […]

May 30, 2016, by administrator

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