The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

A-Team Insight Blogs

Vulpes Cuts Costs with Markit’s Expanded Portfolio Valuations Service

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.

Related content

WEBINAR

Upcoming Webinar: Brexit: Reviewing the regulatory landscape and the data management response

Date: 11 May 2021 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes With Brexit behind us and the UK establishing its own regulatory regime having failed to reach equivalence with the EU, financial firms face challenges of double reporting, uncertainty about UK regulation, and a potential exodus of top talent. The...

BLOG

GLEIF LEI Search 2.0 and API Offer Customised, Automated Access to Rich LEI Data

The Global LEI Foundation (GLEIF) has responded to industry demand for customised, automated access to rich LEI data with LEI Search 2.0 and an API that allows third-party developers to automate searches and retrieve open, higher quality LEI data from within their application environments. LEI Search 2.0 expands the number of search parameters available, providing...

EVENT

Data Management Summit London

The Data Management Summit Virtual explores how financial institutions are shifting from defensive to offensive data management strategies, to improve operational efficiency and revenue enhancing opportunities. We’ll be putting the business lens on data and deep diving into the data management capabilities needed to deliver on business outcomes.

GUIDE

Regulatory Data Handbook 2020/2021 – Eighth Edition

This eighth edition of A-Team Group’s Regulatory Data Handbook is a ‘must-have’ for capital markets participants during this period of unprecedented change. Available free of charge, it profiles every regulation that impacts capital markets data management practices giving you: A detailed overview of each regulation with key dates, data and data management implications, links to...