ROTTERDAM, the Netherlands, June 10, 2014 /PRNewswire/ --
Ortec Finance, a global provider of technology and advisory services for financial risk and return management, today announced that IBM has selected its industry-leading performance attribution technology to enhance IBM's Algo Risk Service on Cloud with Ex Post Performance and Risk. The service is available immediately. After a careful evaluation, IBM selected Ortec Finance for its outstanding performance attribution capabilities.
Ortec Finance's performance attribution technology helps investors in organizations around the globe to improve their investment decisions by providing numerous methodologies for multi-asset, multi-currency and multi-period performance attribution. These risk attribution capabilities are critical to setting investment objectives which can be measured against a benchmark at each level of the active investment process within well-defined risk limits, while the return attribution capabilities decompose excess returns to show how these relate to investment decisions. In this way the value added by active investment management can be measured. The new diagnostic tool helps different stakeholders optimize their investment performance and achieve better oversight of the investment process.
"Our performance attribution model uses a unique investment decision based approach that applies to a wide range of asset classes and styles," said Elske van de Burgt, Head of Investment Performance at Ortec Finance. "The tool provides executives an indication of the efficiency of investment decisions at various levels of the investment process helping the organization to stay within risk-budget limits and produce consistent, risk-adjusted returns. IBM's selection of Ortec Finance for its Algo Risk Service on Cloud reaffirms that our performance attribution tool can meet the most stringent requirements."
About Ortec Finance
Ortec Finance is a global provider of technology and advisory services for financial risk and return management. The company's focus is firmly on providing support for investment decision-making for institutional and private investors. Ortec Finance designs, builds, and applies solutions for asset-liability management, ex-ante and ex-post risk management, performance measurement and risk attribution, and financial planning. Its global and long-standing client base comprises leaders in the pensions, insurance, investment management and private wealth management markets.
SOURCE Ortec Finance