New York – RiskFirst announces that J.P. Morgan Asset Management Columbus Fixed Income has licensed PFaroe, RiskFirst’s award winning risk management platform, gaining advanced analytics and reporting capabilities on pension plan assets, liabilities and risk.
PFaroe is a web-based platform that provides detailed and regular pension information encompassing liabilities, assets and risk. PFaroe’s detailed cashflow modelling analytics are a fundamental requirement of designing a comprehensive solution for the increasing number of pension plans moving towards an LDI strategy. Initially launched in the UK, PFaroe has already been adopted by many of the UK’s largest pension plans, including Aga Rangemaster Group, Babcock International, Daily Mail & General Trust, HSBC, Invensys, National Grid and Trinity Mirror.
“As an investment manager of significant LDI and pension assets, our asset/liability service continues to be a core activity in delivering customized solutions to our clients, and we are pleased to have added this capability” said Gary J. Madich, CFA and Global CIO – Columbus Fixed Income.
Owais Rana, Head of LDI Solutions for Columbus Fixed Income comments:
“PFaroe’s modeling engine, its user-friendly interface and its ability to present results simply but effectively enables us to gain efficiencies and scale for our LDI Solutions business”.
Fiona Page, CEO, RiskFirst Analytics adds “we are delighted that J.P. Morgan, one of the world’s leading financial institutions, has chosen PFaroe to enhance its offering to the corporate pension market”.