About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Vulpes Cuts Costs with Markit’s Expanded Portfolio Valuations Service

Subscribe to our newsletter

Vulpes Investment Management has increased data accuracy and decreased vendor and technology costs by deploying valuations, risk and straight-through-processing (STP) provided by Markit.

The Singapore-based investment manager was using different vendor systems to support portfolio management, execution, evaluation and risk across asset classes including exchange traded derivatives, private equity and illiquid debt holdings, but wanted to reduce the number of vendors involved in the workflow and introduce STP.

The firm started to talk to Markit about valuations back in January 2013, but then took a step back to consider the broader picture of not only valuations, but also risk and STP.

Markit could fulfil these extended requirements with its recently expanded Portfolio Valuations service, which includes scenario analysis and value at risk metrics, and mapping between its services and Vulpes Investment Management’s systems. The system went live in November 2013, reducing the number of vendor solutions needed by Vulpes Investment Management from five to two, the Markit Portfolio Valuations service plus a vendor portfolio and trade management platform.

Scott Treloar, chief risk officer at Vulpes Investment Management, explains: “We have increased our risk management and illiquid security valuation capabilities by using Markit’s fully hosted solution, which seamlessly interacts with our portfolio and trade management platform. This end-to-end workflow has allowed us to retire a number of legacy systems and simplify our internal processes, while enhancing the way we handle data and analytics.”

The Vulpes Investment Management deployment provides daily valuations for internal and external reporting, and takes advantage of Markit’s expansion of the Portfolio Valuations service that now integrates the company’s risk platform and real-time trade data from MarkitSERV.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: The time is now for buy-side firms to re-evaluate their approach to data management

Increased cost pressures, rising volumes of data, and the challenges of legacy systems are pushing buy-side firms to re-evaluate current approaches to data management. The aim is cost-effective, optimised data management that can provide flexibility and scalability, support various data types including ESG data, and ensure headroom for development in line with business objectives. Achieving...

BLOG

ANNA Implementation of Revised ISO 6166 ISIN Standard Spotlights LEI, CFI and FISN

The Association of National Numbering Agencies (ANNA) has completed technical implementation of the revised ISO 6166 International Securities Identification Number (ISIN) with a view to bringing further clarity and transparency to the identification and reporting of financial instruments. Following implementation of the technical changes, National Numbering Agencies (NNAs) within ANNA must formally report Legal Entity...

EVENT

Data Management Summit New York City

Now in its 12th year, the Data Management Summit (DMS) in New York brings together the North American, capital markets enterprise data management community, to explore the evolution of data strategy and how to leverage data to drive compliance and business insight.

GUIDE

Enterprise Data Management, 2010 Edition

The global regulatory community has become increasingly aware of the data management challenge within financial institutions, as it struggles with its own challenge of better tracking systemic risk across financial markets. The US regulator in particular is seemingly keen to kick off a standardisation process and also wants the regulatory community to begin collecting additional...