End to end Funds Risk Management support for a large UK based Firm
Client: Large UK based firm
Objective
- To streamline the daily risk monitoring process in order to support more funds on the fund platform
- To develop a model to assess risk profile of new funds according to UCITS regulations
CRISIL's solution
- CRISIL team identified and implemented a process to monitor the daily risks faced by funds that would require to adhere to UCITS regulations
- Developed in-house risk monitoring tool - UMT(UCITS Monitoring Tool)
- Built models to assess the risk profiles of new funds - tested them for VAR and various scenarios
- Created a centralized database for all investor queries on various funds, this database enabled archiving and retrieving data using automated tools
Client impact
- Client could launch 15 new funds in six months with new strategies
- Smooth risk management for a huge AUM of $8 Billion
- Efficient daily monitoring process saved time and turnaround time for handling risk queries
Questions