Integrating risk management with portfolio management

Alberta Investment Management Corporation (AIMCo), a large Canadian institutional investment manager, has selected a new risk management solution.

AIMCo has chosen technology from FactSet, which provides integrated financial information, analytical applications and services.

Remco van Eeuwijk, chief risk officer, Alberta Investment Management Corporation, says, “To be considered world class in our approach to risk management, AIMCo required a partner that complemented our organization and enabled us to focus on our core competency. By providing us a holistic platform that enables us to truly integrate risk management with portfolio management, while addressing market data management and operations, FactSet is that partner.”

AIMCo will have access to solutions for risk management, portfolio analytics and investment research, as well as client service. FactSet has expanded its multi-asset class solutions over the years, driven by the convergence of risk and performance, increasing regulation and more sophisticated investment strategies.

Alberta Investment Management Corporation—with offices in Edmonton, Toronto, London and Luxembourg—has more than $95.7 billion of assets under management. It’s responsible for the investments of 32 pension, endowment and government funds in Alberta.