To meet demands of a unified solution for the asset management division, gaining efficiency in the operations and enhancing reporting facilities the software solution VPD GIPS & Composites, part of VPD Risk & Performance, was chosen. Also integrated in the solution is the new version of VPD Attribution that has been chosen to facilitate on-line analytics and reporting of performance attribution based on a number of attribution models.
âWe are convinced this modern platform, especially through straight through processing, will improve the data quality and also allow for more advanced performance analytics throughout the businessâ, says Henrik Gustafsson, Project Manager at Carnegie Asset Management.
The implementation will be initiated immediately and the first phase is planned to be completed and go live during the Summer 2009.
âVPD has served Carnegie for many years. We are very proud to also deliver the latest version of our licensed product series, VPD Risk & Performance, as a solution for GIPS compliance and composite management, performance measurement and performance attribution to meet requirements in a field where our competence is especially profoundâ, says Johan Lundman, Managing Director at VPD Financial Software Consulting Ltd.