LV= Asset Management Selects SunGard’s APT for Risk Management

LV= Asset Management, the fund management arm of mutual insurance and investment group LVAM, has selected SunGard's APT to help identify and manage risk across all its portfolios.

LVAM will use APT's global balanced risk model, a multi-factor risk model, to measure and attribute risk for a multitude of asset classes.

The global balanced risk model describes the risk profiles of over two hundred thousand securities including equities, government and corporate bonds, currencies, commodities and popular derivatives, according to a release.

Its coverage extends beyond developed economies to emerging, Arabian and frontier territories.

In addition, LVAM will implement SunGard's APT Pro6, a desktop application used for exploratory risk analysis and risk-controlled portfolio construction processes, including portfolio optimization.

APT's Pro6 will help LVAM understand and control market risks through the analysis of volatility, relative risk and sensitivity to prevalent market factors, as well as stress test all funds, LVAM said.

"SunGard's APT will help us gain greater control of our risk management processes and better understand the sources of risk that we are exposed to " both at the fund and aggregated level," Richard Acela, senior systems analyst at LVAM, commented.

"The flexibility of the solution's risk attribution model allows us to investigate portfolio exposure to a choice of over 450 explanatory factors, rather than a static series of pre-packaged factors. SunGard's APT complements our existing enterprise data management system, providing additional data to help us gain effective risk control," he added. Melanie Rodier has worked as a print and broadcast journalist for over 10 years, covering business and finance, general news, and film trade news. Prior to joining Wall Street & Technology in April 2007, Melanie lived in Paris, where she worked for the International Herald ... View Full Bio