Since the emergence of “Modern Portfolio Theory” and the “Capital Asset Pricing Model” in the late 1960s, institutional investors have taken a quantitatively driven approach to portfolio construction, looking to create portfolio diversification and obtain better risk-adjusted returns by balancing their asset-class exposures. This journey has seen several important advancements in thinking about how to optimally achieve desired results.
Funds that want to take the total portfolio approach first need to get the total portfolio view. To do that they not only need data – and lots of it – but a rock-solid understanding of exactly how they’re going to use it.
Bravura, GBST make world’s top 100 list
(Pictured: Tony Klim)
Despite the expansion of several Australian technology companies in Europe and elsewhere in recent years, only two are ranked in the world’s top 100 tech vendors to financial services companies, according to the long-running ranking by American Banker magazine and researcher Financial Insights.
Bravura Solutions, which has made the top 100 for seven years, moved up the list slightly this year from 73rd place to 70th. GBST was the other Australian firm to make the cut, coming in at 80th.
Several international firms with long Australian histories, and which have bought Australian companies, are in the list, such as DST International and SimCorp.
The ranking, called the FinTech 100, has been published for 10 years. It includes only tech firms which have more than one-third of their revenue from sales to financial services companies.
Tony Klim, Bravura’s London-based chief executive, said the company had had a number of new sales and completed projects over the previous financial year. These included eight new contracts signed with financial institutions such as Bank of New York Mellon and VicSuper, more than 30 completed implementations and more than 50 client upgrades.
