Company: UBS Delta
Category: Structured Products
Published: 06 September 2011
Risk management for the buy side has many similarities with that for the sell side, but there are also many significant differences.
A buy-side risk management tool should be flexible enough to adapt to investment processes, rather than forcing a ‘one-size-fits-all' approach. It should properly cover the range of assets required, including a full set of issuer spread curves with clean historical data. It should also enable proper risk analysis by providing comparison of performance achieved with risk taken, using the same factors.