We support Management Companies and Investment Managers in their risk management function by drafting procedures, delivering regular reporting, performing pre-trade checks and eligibility tests or taking part in the risk committees.
Setup of a RM framework
- GAP ANALYSIS
- PROPOSAL OF CHANGES TO BRING TO THE CURRENT SITUATION
- CHANGES IMPLEMENTATION
- KNOWLEDGE TRANSFERT
Analysis of the current framework
Regarding the investments:
Regarding the methodologies:
Comparison with best practices
Analysis of the consistency and relevance of the used data
Adequation of the portfolios with all investment limits they have to comply with: from the prospectus, signed mandates, risk profil, ManCo internal rules…
Analysis of the reporting
Analysis of the existing risk management procedure
Analysis of any part of the documentation (prospectus, KIID, AIF risk profiles, factsheets…)
PROPOSAL OF CHANGES TO BRING TO THE CURRENT SITUATION
Drafting or updating procedures
Setup of a risk management software which can adress the data feeds and the reporting production
Implementation of tailor made models and metrics for a relevant risk measurements
Setup of the necessary reporting with the right frequency and the relevant level of process automation
Delivery of a modern SaaS solution (Risk Quadrant) to reach all goals identify during the gap analysis phase. This allow you to have full independence on the work which has to be done by your RM team
UCITS eligibility test
In the UCITS world, it is critical to not invest in forbidden instruments. For some securities like stock, it is easy to imagine we can do it. But for others it can be tricky.
How do we proceed?
|We test the eligibility of every new security in which your UCITS fund wants to invest. We classify it also IN ou OUT the trash ratio.||We document our analysis and store all this in our platform and deliver you a copy.||We implement a regular review to make sure it is in all time of the investment still the case.|
Pre-trade checks on your orders
In UCITS and AIFMD, you do not want today to be in the situation of active investment breach. For this, we take responsibility of a check of all your trades you may pass in your fund(s). We have all prospectus rules and all limits coming from the regulation implemented in our solution Risk Quadrant. We also have datafeed which could be full STP in place.
This allow us to deliver a fast and reliable answer in pre-trade. Note that you can capture all your orders by yourself if you lease our solution and send them automatically to your custodians.
Valuation of complex instruments
Expertise related to financial products and financial market
Research applied in term of modelization (includes back testing, data analysis)
Independant fund directorship
At Apentis we provide our clients with independent directors registered as Risk Manager and Conducting Officer with the CSSF. The scope of their assignment will cover all the risk elements of the company. They will review and enhance existing risk management processes and procedures. And will ensure compliance with the relevant regulatory requirements as well as company policies and standards.
We will always propose you 3 or 4 CV of executive people. Contact us to see the profiles.