New report advises systems that offer configurability but not complexity; Aite-Novarica Group profiles 17 vendor solutions in latest Aite Matrix
Risk management is a critical part of the investment process that can act as an independent function to ensure compliance with regulations and client mandates. As risk providers face greater requirements to provide a portfolio analytics package, consolidation pressures set expectations of risk systems to include continued model innovation and broad asset coverage, expansion into private asset classes and models, ESG risk analytics, as well as stable experiences and performance at scale.
In a new Impact Report, Aite Matrix: Multi-Asset Buy-Side Risk, research and advisory firm Aite-Novarica Group leverages the Aite Matrix, a proprietary Aite-Novarica Group vendor assessment framework, to evaluate the overall competitive position of 17 vendors, focusing on vendor stability, client strength, product features, and client services. These 17 vendors are Adenza Group (Calypso Technology), BlackRock, Bloomberg, Confluence, FIS, FactSet, Finastra, MSCI, Murex, Northstar Risk, Numerix, Orchestrade, Qontigo, Quantifi, SS&C Technologies, TS Imagine and Wilshire Associates. This report also profiles Broadridge, FinCAD, and Moody’s Analytics.
“Buyers should consider SaaS platforms and cloud-native deployments to future-proof tech stacks,” said Paul Sinthunont, Strategic Advisor at Aite-Novarica Group. “Cloud-native solutions are becoming an important consideration for buy-side firms as they shift away from on-premises implementation. Clients expect technology platforms to be able to scale with businesses without performance issues.”
About Aite-Novarica Group:
Aite-Novarica Group is an advisory firm providing mission-critical insights on technology, regulations, strategy, and operations to hundreds of banks, insurers, payments providers, and investment firms—as well as the technology and service providers that support them. Comprising former senior technology, strategy, and operations executives as well as experienced researchers and consultants, our experts provide actionable advice to our client base, leveraging deep insights developed via our extensive network of clients and other industry contacts. Visit us on the web and connect with us on Twitter and LinkedIn.