A New Level of Service
When you purchase the Northstar Risk platform, our software and risk professionals will ensure that you get the most from your investment. Our software specialists will seamlessly integrate our risk and performance platform with your existing back office and order management systems. This seamless integration enables the entire risk management process to be highly automated. Our risk professionals will help configure reports, and make sure that you understand all of the risk and performance statistics. Once installed our support staff will always be there to answer your questions.
The Old Way
Legacy risk software providers force hedge funds to load their portfolios into a black box system. How do you know if your portfolio has been mapped correctly? You don’t. You wait for your reports to come back. If the output looks wrong, you make changes to the input files, rerun the reports and hope that everything works. You keep repeating this process until the output looks reasonable. But are your reports really OK? It’s impossible to tell.
The Northstar Way: Continuous Reconciliation
At Northstar, our experts will fully integrate your back-office systems with our risk and performance platform. We are integration experts. We can import your data faster, more efficiently and more accurately. We ensure that your data is imported correctly through a process of continuous reconciliation.
Even if everything is mapped correctly, back offices will occasionally make mistakes. How do we ensure that these mistakes don’t make it into your risk reports? Two words: continuous reconciliation.
With legacy providers, you only load positions. Because the Northstar platform combines risk and performance analysis, we load positions, trades, and performance data. This allows us to crosscheck the data as it is loaded. Because of our built-in data warehouse, we can also check for unusual changes to your portfolio. For example, we can automatically flag a large change in your value at risk. These checks are a core part of our system and are run every day from the security level to the portfolio level. Continuous reconciliation ensures that your risk and performance reports are accurate every time.
For more information, or to schedule a demo, fill out our online form or e-mail us at info@northstarrisk.com.