Hermes Selects FactSet for Multi-Asset Risk Management
June 06 2019 - 3:00AM
FactSet (NYSE:FDS | NASDAQ:FDS), a global provider of integrated
financial information, analytical applications, and
industry-leading services, today announced that Hermes Investment
Management, the £34.1 billion (US$44.4 billion) manager, has
selected FactSet as its multi-asset risk provider.
FactSet will work with Hermes on implementing
its unified analytics and risk management platform across Hermes’
multi-asset class investment portfolio. The platform includes
innovative factor models, integrated workflows, and advanced risk
modelling and will help Hermes integrate comprehensive risk
management capabilities across an increasingly complex mix of
assets.
“Accurately assessing risk is a responsibility
that is core to our decision making,” said Andrew Jackson, Head of
Fixed Income at Hermes Investment Management. “Working with FactSet
to implement a risk model that aligns with our investment approach
will allow us to accurately quantify and aggregate portfolio
sensitivities, stress test under a multitude of market environments
and in turn, provide a robust process that meets the needs of our
investors.”
“The increasing complexity of regulation, new
derivative types, and macro- and micro-risk factors in the market
requires greater flexibility and sophistication when it comes to
risk monitoring and measurement,” said Rob Robie, Executive Vice
President, Head of Analytics and Trading, FactSet. “FactSet’s
multi-asset risk platform will continue to evolve over time, and we
look forward to working with Hermes to implement solutions that
will help them remain at the forefront of the investment
industry.”
To learn more about FactSet’s risk solutions,
please visit
https://www.factset.com/products-data/portfolio-risk-analytics.
About FactSet
FactSet (NYSE:FDS | NASDAQ:FDS) delivers
superior content, analytics, and flexible technology to help more
than 122,000 users see and seize opportunity sooner. We give
investment professionals the edge to outperform with informed
insights, workflow solutions across the portfolio lifecycle, and
industry-leading support from dedicated specialists. We're proud to
have been recognized with multiple awards for our analytical and
data-driven solutions and repeatedly ranked as one of Fortune's 100
Best Companies to Work For® and a Best Workplace in the United
Kingdom and France. Subscribe to our thought leadership blog
to get fresh insight delivered daily at insight.factset.com. Learn
more at www.factset.com and follow on Twitter:
www.twitter.com/factset.
About Hermes Investment Management
Hermes Investment Management, a Federated
Investors company, provides world-class active investment
management and stewardship services. Hermes, headquartered in
London, manages £34.1 billion in assets and offers a broad range of
specialist, high-conviction investment strategies spanning listed
equities, credit, real estate, infrastructure, private debt and
private equity.
Hermes’ strategies focus not just on financial
results, but also on delivering outcomes beyond performance:
holistic returns that consider impacts to society, the environment
and the wider world. In Hermes EOS, the company offers one of the
industry’s leading engagement resources, representing £450.5
billion of assets*. For more information, visit
www.hermes-investment.com.
* Please note the total AUM figure includes
£6.2bn of assets managed or under an advisory agreement by Hermes
GPE LLP (“HGPE”), a joint venture between Hermes Fund Managers
Limited ("HFM") and GPE Partner Limited. HGPE is an independent
entity and not part of the Hermes group. £23.4m of total group AUM
figure represents HFM mandates under advice. Source: Hermes as at
31 March 2019.
FactSet
Media
Jennifer Berlin
+1 857.507.4496
jennifer.berlin@factset.com
Media & Investor Relations:
Rima Hyder
+1 857.265.7523
rima.hyder@factset.com
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