GLOBAL - Citisoft, the investment management consultancy, has launched a new risk and performance service to help fund managers get more value from their investments.
The new service purports to help managers assist clients in delivering cost-effective solutions required for analysing, presenting and managing risk and performance.
Citisoft point to how risk measurement has become increasingly essential and how it is now common for mandates to include performance targets, with explicit risk limits.
It added that pension funds and consultants are demanding more frequent and detailed analysis, with failure to do so potentially resulting in litigation.
Cosmo Wisniewski, director of consultancy services, Citisoft, said: In the present conditions, asset managers need to maximise the benefits from their considerable investment in people and technology.
“As the measurement of risk and performance becomes ever more vital, Citisoft's risk and performance service aims to assist them in achieving this.
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