Cape Town-based GraySwan has formed an alliance with EM Applications Ltd (EMA), a leading global supplier of investment risk solutions, aimed at assisting institutional and private-client investors with market risk intelligence.
GraySwan provides independent investment and risk advisory services on more than R28 billion of assets. It will use EMA’s risk analysis system to support it in providing independent investment advice to institutional investors and private clients in South Africa, Botswana, Swaziland and Namibia.
Headquartered in London, EM Applications is a leading supplier of investment risk solutions to financial services companies. Its risk system is well suited to helping consultants integrate risk analysis into their investment advisory process, delivering portfolio risk analytics via a dynamic Excel workbook.
Duncan Theron, GraySwan’s chief executive, said it had chosen EMA after a comprehensive due diligence exercise, believing the company demonstrates a particular commitment to the African markets. GraySwan will be integrating the system with its other proprietary technology to complement and support its risk analysis to both institutional and private clients.
Bobby Rakhit, EMA’s managing director for Africa and the Middle East, noted that African economic growth was outperforming the developed and emerging world, with global firms increasing their investments in the African public investment markets, driving demand for more sophisticated risk analyses. EMA has developed a risk model specifically targeting the Africa region and has appointed Dr Costas Stephanou to support clients in the region. Copyright. HedgeNews Africa – October 2014.