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Clarus Risk Limited, a provider of institutional investment risk solutions, is pleased to announce that Emerging Asset Management (EAM), a global business supporting small to medium-sized fund managers, will employ Clarus Risk’s RiskMonitor® solution on its Bermuda and US hedge fund platforms.
EAM will use RiskMonitor® to monitor market, liquidity and investment risk of sub-funds, including compliance with investment restrictions. EAM has approximately 76 sub-funds, administered by Apex Fund Services, one of the world’s largest fund administration companies with over US$30 billion of assets under administration and 34 offices across the world.
Max Hilton, Managing Director of Clarus Risk said he was delighted, that such a significant name in the global funds arena has selected the RiskMonitor® solution.
“Demand for independent fund risk reporting continues to grow. RiskMonitor® provides risk reporting tailored to fund board requirements, onshore and offshore, across asset classes. This increased demand has been driven by greater regulatory pressure including corporate governance requirements as well as international legislation such as the AIFMD. Clarus Risk is committed to working with clients to tailor risk reporting solutions and to improving governance and oversight of specialist and complex investment funds," he said.
Stuart Stark, Head of Operations at EAM, said: “We are continuously developing our level of sub-fund oversight and reporting and Clarus Risk provides specialist support to enable timely and effective monitoring of sub-funds.”
