FundHero S.A. and PATRONAS OPUS: Successful collaboration for risk management, sustainability and performance
In professional sports, it's common practice for teams to strengthen their lineup through transfers to achieve their next goal. Similarly, to drive success for our clients, we have partnered with FundHero, a specialized provider in risk management, to help bring our vision to life.
Quick Flashback: FundHero founder Heiko Hector has been working with PATRONAS OPUS since 2009. Since 2022, we've been successfully collaborating for several clients. At the end of 2023, the next step begins: FundHero S.A., based in Luxembourg, has become a sister company of PATRONAS within the niiio Group. Our goal is to expand our range of services for clients and to integrate risk management and sustainability functions into PATRONAS OPUS in a modular way.
Current Status: The interfaces for transferring parameters between PATRONAS OPUS and FundHero are already established and are used daily by our shared clients. The process at FundHero starts by ensuring the completeness of the parameters required for the various services and enhancing them if necessary. Once the relevant risk metrics are calculated and reports generated, they are reviewed, and any issues, such as limit breaches or significant value changes, are highlighted. Result reports are delivered based on client preferences, either via email or SFTP, with commonly used data formats including .xlsx, .csv, and .pdf.
Added Value
Managed RISK Services: Our core offerings include the measurement of market risks through Value at Risk (with back- and stress-testing), Expected Shortfall, and liquidity risk management metrics. Beyond flexible reporting solutions, we cater to individual needs through parameterization. All processes adhere to the high standards of the fund industry, including UCITS and AIF regulations.
Managed SUSTAINABILITY Services: We provide the tools to meet SFDR requirements for sustainable funds. Whether it's fund analysis under Article 8 or 9, PAI reporting, or other specific needs, we offer seamless integration with major data providers, along with the option to incorporate custom ESG data into the calculations.
Managed PERFORMANCE Services: We give our clients a clear overview of the performance and attribution of their portfolios, helping them evaluate and improve their investment strategies. This includes attribution, allocation analysis, GIPS compliance, portfolio statistics, and reporting.
Quo Vadis?
We are currently working on deeper integration with our partner and developing the technical and operational structures to enable the visualization of metrics and analyses calculated by FundHero within PATRONAS OPUS. Our goal is to allow daily analyses to be conducted directly within the software, eliminating the need to leave the core PATRONAS OPUS system.