compliance
Realtime compliance forms one of the basic foundations of the Risk101 product suite.
Currently there are over 280 rule-sets available, and these are being added to all the time on request from our clients.
This module allows the user to select sets of rules or limits, which form part of the mandate of the portfolio that was defined when the fund was started. (These rules differ from fund to fund, with some funds having strict investment guidelines, whilst others have far more lax rules.)
Risk101 employs a dual-level approach to compliance ….
• The system allows you to setup a broad range of limits at PORTFOLIO level, as well as….
• Allowing you to setup limits applying to the individual SECURITY holdings in the portfolio.
These limits include exposure to ICBE and GICS sectors, currencies, and specific country exposure.
With the exception of the gearing limits, all limits are calculated using the delta-adjusted cash exposure of the holdings.
The compliance setup also allows the user to select whether to use “merged” or “unmerged” holdings when calculating compliance. (“Merged” holdings are the result of collapsing derivative instruments into their underlying security.)