UK - COR Risk Solutions has launched BITA Jigsaw.
The product allows specialised risk management to be integrated into existing investment systems.
Host systems that may incorporate BITA Jigsaw components include institutional fund management ‘front office’, portfolio modelling and management, and performance measurement and attribution .
Fund managers are increasingly recognising the need and benefit of integrating risk analysis into their investment process, said COR’s Simon Tizard.
Life expectancy in the UK saw no improvement between 2015 and 2017 as the number of people aged over 90 hit a record high, latest Office for National Statistics (ONS) data reveals.
Self-administered pension funds spent £14bn on payments to pensioners in Q2 2018, but only received £11.4bn of contributions (net of refunds), latest Office for National Statistics (ONS) data reveals.
The Pensions and Lifetime Savings Association (PLSA) has named the 17 members of its inaugural policy board after a competitive application process with 60 candidates.