RiskFirst has announced the appointment of Tarik Ben-Saud, who has been hired in an advisory capacity to support and accelerate the development of RiskFirst’s front office investment management capabilities, including the roll-out of its fixed income and LDI attribution application, PFaroeAttribution. Ben-Saud has 30 years’ investment management experience, including senior roles at Blackrock and Insight Investment.
UK-based consultancy PwC and financial technology provider RiskFirst are reinforcing their relationship with a new agreement, which will benefit clients by bringing online pensions platform Skyval, and RiskFirst’s PFaroe platform closer together.
Skyval was launched jointly by PwC and RiskFirst in 2013 in response to a growing need for more accurate, reliable and up-to-date pension plan information. Under the new agreement, Skyval and PFaroe are being brought onto the same underlying platform, making it easier to exchange information, thereby facilitating closer working relations across all plan stakeholders.
Michael Boguslavsky, head of AI at Tradeteq, and author of a newly-released whitepaper, “Machine Learning Credit Analytics for Trade Finance”, has written a commentary for Trade & Receivables Finance News where he discusses how machine learning techniques, combined with broader and deeper company data, can dramatically improve credit scoring for SMEs. Current scoring methods – such as forms of the Altman Z-score – are a primary reason SMEs so often fail to secure the trade finance they need, argues Boguslavsky. Using new models, receivables finance becomes more accurate and less risky, making it a more readily available and less costly source of working capital for SMEs than ever before.
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Author of a newly-released whitepaper, ‘Machine Learning Credit Analytics for Trade Finance’ and head of AI at Tradeteq, Michael Boguslavsky has written an expert piece for The Global Treasurer where he discusses how machine learning techniques, combined with broader and deeper company data, can improve credit scoring for SMEs. Current scoring methods – often forms of the Altman Z-score – are a primary reason SMEs so often fail to secure the trade finance they need, argues Boguslavsky.
Go here to read the full article.
Tradeteq, the trade asset distribution platform, recently released a white paper demonstrating how machine learning, combined with broader data collection, can improve access to trade finance for SMEs. Authored by Michael Boguslavsky, Tradeteq’s head of AI, and titled Machine Learning Credit Analytics for Trade Finance, the paper proposes a radical new approach to credit scoring that could particularly benefit SMEs in trade finance.
To download the whitepaper, please go here.
RiskFirst and STOXX Ltd, the operator of Deutsche Börse Group’s index business and a global provider of innovative and tradable index concepts, have announced the launch of the new iSTOXX RiskFirst LDI index family. The innovation – released on 23rd April 2018 – provides independent benchmarks for liability-driven investments (LDI), providing a new solution to the governance and accuracy issues that have typically challenged the £1 trillion market.
Matthew Seymour, CEO of RiskFirst commented that RiskFirst’s flagship product, PFaroe, “is rapidly becoming an industry standard for the modelling of pension plans and therefore offers us unique insight into the behaviour of pension plan cash flow profiles at a very granular level. When combined with STOXX’s extensive experience in designing innovative and objective investment benchmarks, the result is a set of indices that deliver great value to UK pension plans.”
Moorgate disseminated the announcement, and news of the partnership and launch of the iSTOXX RiskFirst LDI index family was covered by the following specialist publications: Professional Pensions, Wealth Adviser, Institutional Asset Manager, International Finance, Financial IT, AlphaQ, etfexpress, ETF Strategy, Global Capital, Global Investor, Mondovisione, LeapRate, Digital Journal, Fintech Roundup and ITbriefing.net.
The return of the geopolitical risk premium coupled with the strength of global demand and continued OPEC compliance led to Brent rallying to two-year highs at the end of 2017. Above all else, the state of the market at year-end showed that the Organization of Petroleum Exporting Countries (OPEC)’s sustained efforts have had a tangible impact on supply balances.
When combined with better-than-expected demand figures, the foundation provided by OPEC has been the springboard for the higher prices seen at the end of 2017. 2018 has continued where 2017 left off, with Brent briefly breaking $70, a price level deemed unobtainable ~6 months ago. Can this price level be maintained for the rest of 2018? Or will the growth of non-OPEC supply spoil the party?
In an article for Commodities Now, Joel Hancock, Natixis’ Oil Analyst, discusses the market outlook for 2018.
To read more, click here.
Michel Jacobs, Head of Global Sales and Head of Digital & Payments at iGTB, has been quoted in in a feature article for the December 2017 issue of Global Finance magazine. The article discusses how AI is making waves in CFO offices, and explores where its promise of efficiency will have the greatest impact.
Jacobs notes, “AI, in and of itself, is not particularly new. As a tool for the banking industry, analytics that provide insight on positive and negative trends have been around for some time. In the past, analytics and AI have been used for applications such as anti-money-laundering.” Jacobs explains, “Now, however, banks are using them to help companies optimise their decisions with predictive capabilities.”
To read the full article, please click here.
RiskFirst’s pension risk analytics platform, PFaroe, was selected by NEPC and adopted by Rush University, allowing both organisations to work together more effectively on risk analysis and plan decision making, and to improve collaboration and effectiveness of asset-liability management strategies.
Alex Wiggins, Associate Vice President, Treasury, Rush University Medical Center, comments: “Having direct access to PFaroe in-house allows us to gain enhanced visibility over our plans and share the same perspective as our consultant, greatly improving our monitoring capabilities and our understanding of plan risk.”
Paul Kenney, Partner at NEPC, adds: “Having that common tool allows us to work far more closely with Rush on analysis, evaluation and strategy; strengthening our partnership and allowing us to focus on what matters – making important, informed decisions on how to move the portfolio.”
Lockton – a global provider of risk management, employee benefits, and retirement consulting services – has adopted RiskFirst’s real-time risk analytics platform, PFaroe, to analyze clients’ pension plans and optimize assets and liabilities to strategically manage plan risk.
Furthermore, Pam Devling, Vice President and Consulting Actuary at Lockton says: “Pension plan sponsors have been underserved when it comes to sophisticated risk analysis, especially mid-market plans. But PFaroe’s efficiency and ease of use is helping to change that. We are glad to now be able to offer our clients such powerful and innovative capabilities.”
PFaroe is web-based, and allows users to evaluate risk from multiple perspectives and perform real-time scenario stress testing. Initially targeted to defined benefit pension plans, it is now the market leader in the UK, with a growing foothold in the U.S.