Albemarle Asset Management has collaborated with Linedata, a global provider of credit and asset management technology, data and services, to provide risk calculation and reporting services.
The partnership is set to free up time previously spent on manual processes, which will help Albemarle diversify its offerings into new asset classes and fund structures while boosting productivity in a remote working environment.
Albemarle will also benefit from a streamlined and accurate calculation of value-at-risk (VaR) which relies on automatic data inclusion and management.
The daily risk reports and monthly stress testing provided by Linedata make it easier for Albemarle to scale and expand by launching new funds having regulatory requirements to closely monitor and manage risk metrics.
These services integrate with Linedata’s existing portfolio management tools resulting in a combination of software and services for advanced operational efficiency.
Linedata’s experts providing the risk services also work hand-in-hand with Albemarle in-house teams as a natural and secure extension of the organisation as the remote work continues.
Albemarle’s Guido Celauro comments: “Linedata already provides us with a truly global platform for portfolio management, but adding Services to the mix will help bring greater efficiency to our operations.”
Celauro continues: “Leveraging industry leading Linedata’s Risk services allows us to continue to reliably manage risk across our portfolios, while freeing up time to focus on delivering value to investors as we explore alternative and more complex trading strategies.”
Anup Kumar, Linedata’s global head of global services, adds: “Enabling time savings and easing process management in a remote working environment while mitigating risk empowers Albemarle to capture new investment opportunities in more volatile markets. We look forward to continuing working with Albemarle, finding new ways to streamline and enhance their operations globally.”
.jpg)