FactSet - FactSet Multi-Asset Class Analytics & Risk Solutions
Type of system
- Analytics
- Asset/liability management
- Data management
- Environmental, social and governance
- Governance, risk, compliance (GRC)
- IFRS 17 solution
- Internal/external reporting
- LDTI solution
- Portfolio analysis/hedging
- Solvency II solution
- Spreadsheet risk management
- Stress and scenario testing
- Climate Risk
- CECL
Type of platform
- Cloud
- SaaS
- Web-based
Other features
- Curve-fitting
- NAIC Principle-based reserving
- Replicating portfolios
- Solvency II internal model
- LDTI
Has the product an open API? Yes / No?
Yes, most applications within the FactSet ecosystem is accessible via APIs.
What are the typical implementation costs for your product?
Implementation costs vary based on a variety of client-specific products.
How long does your product take to implement on site?
Typical Implementation runs from three to nine months, depending on the complexity of the funds or the general account.
Please name companies that use the system/product
FactSet doesn’t disclose client names. However, around 500 global firms use FactSet’s multi-asset class risk and analytics capabilities for portfolio risk management, liability matching, hedging, reporting, and actuarial work.
Product summary: Please summarise your product’s key points for re/insurers in no more than 100 words.
FactSet’s Multi-Asset Class Risk and Analytics capabilities stand out in three particular areas:
Data Integration: Flexible data ingestion for the General Account holdings, transactions, and tax lots to fuel performance measurement, actuarial projections, reg. Capital, ALM workflows. Existing turnkey integrations with major custodians, accounting systems enable you to get up and running faster using FactSet. The FactSet Investor Network also enables seamless integration of external manager holdings and private security/OTC derivative information by having FactSet source the data directly from each manager.
Analytics Enrichment: Full coverage across public and private fixed income, equities, derivatives and alternative investments enable you to accurately capture the risk profile of your entire portfolio in one place. Large cloud-based fixed income computation grids allow for complex calculations at scale.
Distribution: Flexible reporting capabilities with multiple distribution points, including API, cloud sharing, direct feeds, and web-based user interface.
The company also offers multiple ex-ante risk models, providing insurance companies with the tools to measure risk from different angles (parametric factor-based VaR, historical VaR, Monte Carlo VaR including full repricing). Client investment strategies and mandates differ and FactSet's flexible model suite allows for choice and customization.