KUALA LUMPUR, Malaysia--(BUSINESS WIRE)--MSCI Inc. (NYSE:MSCI), a leading provider of investment decision support tools worldwide, announced today that Hong Leong Capital (Hong Leong), the holding company of one of Malaysia’s leading investment banks and asset management houses, has chosen MSCI’s Risk and Performance Suite including BarraOne, RiskManager and CreditManager to help manage risk across its multi-asset class portfolio.
Lee Wai Sing, Chief Risk Officer for Hong Leong, said, “As a holding company of an investment bank and asset management company, we find that the MSCI suite of products fit into our requirements from a risk management perspective. We have a three-prong approach to risk infrastructure, namely availability of robust yet flexible risk-engines, ease of implementation, and conformation to industry or regulatory developments, such as stress test capabilities. Also, our needs include requirements from sell-side investment banking activities coupled with buy-side investment management companies. Having to deal with a single vendor for all the risk infrastructures and risk reporting needs would greatly alleviate the need for resources in data management, risk analytics development and hardware maintenance and allow us to focus on our job of managing risk.”
“In an increasingly interconnected world, there is heightened awareness of the importance of risk management among financial institutions in Malaysia,” said Raj Manghani, Head of MSCI Risk Management Analytics in Asia Pacific. “As one of Malaysia’s most respected financial institutions, Hong Leong sets the benchmark for corporate behavior and we are delighted that they have chosen MSCI for end-to-end risk management.”
Hong Leong will utilize the MSCI Risk and Performance Suite across its asset management, investment banking and trading businesses, to provide analysis and insight into its risk management processes.
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About MSCI
MSCI Inc. is a leading provider of investment decision support tools to investors globally, including asset managers, banks, hedge funds and pension funds. MSCI products and services include indexes, portfolio risk and performance analytics, and ESG data and research.
The company’s flagship product offerings are: the MSCI indexes with over USD 9.5 trillion estimated to be benchmarked to them on a worldwide basis1; Barra multi-asset class factor models, portfolio risk and performance analytics; RiskMetrics multi-asset class market and credit risk analytics; IPD real estate information, indexes and analytics; MSCI ESG (environmental, social and governance) Research screening, analysis and ratings; and FEA valuation models and risk management software for the energy and commodities markets. MSCI is headquartered in New York, with research and commercial offices around the world.
1 As of June 30, 2014, as reported on September 30 2014 by eVestment, Morningstar and Bloomberg
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